Philippine Economy - more, and more good news?
I've noticed a lot of good press on the Philippine economy for over a year now. I typed in "Philippine Economy" on google. This first hit (after wikipedia), was a neat little article by Walden Bello, a writer for the Philippine Daily Inquirer (my favorite of the 3 big dailies). The article was entitled Hot Emerging Markets? The curious case of the Philippines and Mexico.
It's a good read. Check it out here.
Bello highlighted the praises given to the president's of both countries, in bringing about positive change. He also gave a sobering reminder of poverty and inequality issues.
So the question is, if the economy is growing, who's pockets are getting deeper. I think the average Filipino has a good idea of what the answer to that question is. The real question I want to ask is if the stock market can help the average Filipino get a piece of that growing pie instead of the crumbs that trickle down.
It's a good read. Check it out here.
Bello highlighted the praises given to the president's of both countries, in bringing about positive change. He also gave a sobering reminder of poverty and inequality issues.
So the question is, if the economy is growing, who's pockets are getting deeper. I think the average Filipino has a good idea of what the answer to that question is. The real question I want to ask is if the stock market can help the average Filipino get a piece of that growing pie instead of the crumbs that trickle down.
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