7 February 2012, 12:04 pm
MANILA, Philippines — In 1985, per capita gross domestic product (GDP) for Thailand and the Philippines was just under US$1,000. Growth in Thailand was set to take off, and it did, primarily fueled by foreign direct investment (FDI) in manufacturing. Growth in the Philippines, in contrast, was set to stagnate, with the economy limping along thanks to heavy reliance on the export of people, who ...... Read More »
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