Philippine Economic Setting in a Turbulent World Economy

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This paper attempts to cover some concerns about the Philippine economic environment within the context of a world economy that may continue to decelerate in real growth. The first part outlines the broad economic prospects up to 1990; the second compares such prospects with the economic record of the 1960s and the 1970s; and the third presents a few suggestions on how to cope with a more stressful future ahead.