Unleashing the Country's Full Potential to Attract FDI

With the existing trajectory path of the Philippines’ advancement aspirations, there is challenge that lies in sustaining and dramatically elevating the growth in foreign direct investments (FDI), which are critical for the country’s economic development. In light of the impending reforms that aim t...

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Main Authors: Mendoza, Ronald U, Banaag, Miann S, Uy, Irwin Kendrick
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Published: Archīum Ateneo 2018
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Online Access:https://archium.ateneo.edu/asog-pubs/90
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3245678
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Institution: Ateneo De Manila University
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spelling ph-ateneo-arc.asog-pubs-10892022-04-04T07:26:34Z Unleashing the Country's Full Potential to Attract FDI Mendoza, Ronald U Banaag, Miann S Uy, Irwin Kendrick With the existing trajectory path of the Philippines’ advancement aspirations, there is challenge that lies in sustaining and dramatically elevating the growth in foreign direct investments (FDI), which are critical for the country’s economic development. In light of the impending reforms that aim to fast track economic growth in the country, this paper provides an overview of the current economic landscape in view of foreign direct investments. We examined the prevailing political noises that dictate investment prospects and analyzed foreign direct investments across administrations and against its competition among neighbor countries. Tracking down foreign direct investments in the past 6 years from 2012 to 2017 shows that FDI since 2010 has exhibited an upward trend, but the “long game” in FDI is not built on quick spurts—it is more amply compared to a marathon underpinned by strong institutions and fundamentals. If we were to use a health analogy, the evidence presented suggests that ours is a generally healthy economy, posting impressive growth, but carrying some structural flaws. A successful cure will likely come at the hands of skilled and respected surgeons wielding scalpels, rather than those who would wield axes, doing more harm than good. 2018-10-01T07:00:00Z text https://archium.ateneo.edu/asog-pubs/90 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3245678 Ateneo School of Government Faculty Publications Archīum Ateneo Foreign Direct Investment Reform Economic Policy Public Affairs, Public Policy and Public Administration
institution Ateneo De Manila University
building Ateneo De Manila University Library
continent Asia
country Philippines
Philippines
content_provider Ateneo De Manila University Library
collection archium.Ateneo Institutional Repository
topic Foreign Direct Investment
Reform
Economic Policy
Public Affairs, Public Policy and Public Administration
spellingShingle Foreign Direct Investment
Reform
Economic Policy
Public Affairs, Public Policy and Public Administration
Mendoza, Ronald U
Banaag, Miann S
Uy, Irwin Kendrick
Unleashing the Country's Full Potential to Attract FDI
description With the existing trajectory path of the Philippines’ advancement aspirations, there is challenge that lies in sustaining and dramatically elevating the growth in foreign direct investments (FDI), which are critical for the country’s economic development. In light of the impending reforms that aim to fast track economic growth in the country, this paper provides an overview of the current economic landscape in view of foreign direct investments. We examined the prevailing political noises that dictate investment prospects and analyzed foreign direct investments across administrations and against its competition among neighbor countries. Tracking down foreign direct investments in the past 6 years from 2012 to 2017 shows that FDI since 2010 has exhibited an upward trend, but the “long game” in FDI is not built on quick spurts—it is more amply compared to a marathon underpinned by strong institutions and fundamentals. If we were to use a health analogy, the evidence presented suggests that ours is a generally healthy economy, posting impressive growth, but carrying some structural flaws. A successful cure will likely come at the hands of skilled and respected surgeons wielding scalpels, rather than those who would wield axes, doing more harm than good.
format text
author Mendoza, Ronald U
Banaag, Miann S
Uy, Irwin Kendrick
author_facet Mendoza, Ronald U
Banaag, Miann S
Uy, Irwin Kendrick
author_sort Mendoza, Ronald U
title Unleashing the Country's Full Potential to Attract FDI
title_short Unleashing the Country's Full Potential to Attract FDI
title_full Unleashing the Country's Full Potential to Attract FDI
title_fullStr Unleashing the Country's Full Potential to Attract FDI
title_full_unstemmed Unleashing the Country's Full Potential to Attract FDI
title_sort unleashing the country's full potential to attract fdi
publisher Archīum Ateneo
publishDate 2018
url https://archium.ateneo.edu/asog-pubs/90
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3245678
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