Unpacking Duterte's Mixed Legacy on Economic Reforms

The Duterte administration (2016–2022) rode into office on the back of the previous governments’ economic reform momentum that, in 2013, eventually culminated in the country’s first ever investment grade rating since the 1986 EDSA revolution. This paper reviews the data and evidence on the economic...

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Main Authors: Tuano, Philip Arnold P., Mendoza, Ronald U., Ballar, Kier Jesse, Mendoza, Gabrielle
Format: text
Published: Archīum Ateneo 2024
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Online Access:https://archium.ateneo.edu/asog-pubs/294
https://doi.org/10.1080/00927678.2024.2336863
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Institution: Ateneo De Manila University
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spelling ph-ateneo-arc.asog-pubs-12962024-07-04T03:06:14Z Unpacking Duterte's Mixed Legacy on Economic Reforms Tuano, Philip Arnold P. Mendoza, Ronald U. Ballar, Kier Jesse Mendoza, Gabrielle The Duterte administration (2016–2022) rode into office on the back of the previous governments’ economic reform momentum that, in 2013, eventually culminated in the country’s first ever investment grade rating since the 1986 EDSA revolution. This paper reviews the data and evidence on the economic performance, efforts to institutionalize development, and the backdrop of economic governance that make up the Duterte administration’s economic reform legacy. The Duterte administration’s economic strategy was largely underpinned by the expansion of a public infrastructure program and funded by additional public revenues from a tax reform program intended to further accelerate the country’s growth path. Notwithstanding several key laws, several reforms were widely criticized for falling short in addressing key inequity, governance, and policy implementation issues in the country. The weakening of the rule of law under the Duterte administration also presents an ironic backdrop from which to appreciate his administration’s legislative and institutional reforms. Also, the COVID-19 pandemic exposed deep weaknesses in the Philippines’ economic model. While some structural challenges preceded the Duterte administration, its pandemic handling was nevertheless criticized as exacerbating the pandemic’s social and economic costs. Taken as a whole, the Duterte administration leaves behind a very mixed economic reform legacy. 2024-04-05T07:00:00Z text https://archium.ateneo.edu/asog-pubs/294 https://doi.org/10.1080/00927678.2024.2336863 Ateneo School of Government Publications Archīum Ateneo build-build-build Duterte administration economic reform TRAIN law Economic Policy Economics Macroeconomics Political Economy Public Affairs, Public Policy and Public Administration Public Economics Social and Behavioral Sciences
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 build-build-build
Duterte administration
economic reform
TRAIN law
Economic Policy
Economics
Macroeconomics
Political Economy
Public Affairs, Public Policy and Public Administration
Public Economics
Social and Behavioral Sciences
spellingShingle build-build-build
Duterte administration
economic reform
TRAIN law
Economic Policy
Economics
Macroeconomics
Political Economy
Public Affairs, Public Policy and Public Administration
Public Economics
Social and Behavioral Sciences
Tuano, Philip Arnold P.
Mendoza, Ronald U.
Ballar, Kier Jesse
Mendoza, Gabrielle
Unpacking Duterte's Mixed Legacy on Economic Reforms
description The Duterte administration (2016–2022) rode into office on the back of the previous governments’ economic reform momentum that, in 2013, eventually culminated in the country’s first ever investment grade rating since the 1986 EDSA revolution. This paper reviews the data and evidence on the economic performance, efforts to institutionalize development, and the backdrop of economic governance that make up the Duterte administration’s economic reform legacy. The Duterte administration’s economic strategy was largely underpinned by the expansion of a public infrastructure program and funded by additional public revenues from a tax reform program intended to further accelerate the country’s growth path. Notwithstanding several key laws, several reforms were widely criticized for falling short in addressing key inequity, governance, and policy implementation issues in the country. The weakening of the rule of law under the Duterte administration also presents an ironic backdrop from which to appreciate his administration’s legislative and institutional reforms. Also, the COVID-19 pandemic exposed deep weaknesses in the Philippines’ economic model. While some structural challenges preceded the Duterte administration, its pandemic handling was nevertheless criticized as exacerbating the pandemic’s social and economic costs. Taken as a whole, the Duterte administration leaves behind a very mixed economic reform legacy.
format text
author Tuano, Philip Arnold P.
Mendoza, Ronald U.
Ballar, Kier Jesse
Mendoza, Gabrielle
author_facet Tuano, Philip Arnold P.
Mendoza, Ronald U.
Ballar, Kier Jesse
Mendoza, Gabrielle
author_sort Tuano, Philip Arnold P.
title Unpacking Duterte's Mixed Legacy on Economic Reforms
title_short Unpacking Duterte's Mixed Legacy on Economic Reforms
title_full Unpacking Duterte's Mixed Legacy on Economic Reforms
title_fullStr Unpacking Duterte's Mixed Legacy on Economic Reforms
title_full_unstemmed Unpacking Duterte's Mixed Legacy on Economic Reforms
title_sort unpacking duterte's mixed legacy on economic reforms
publisher Archīum Ateneo
publishDate 2024
url https://archium.ateneo.edu/asog-pubs/294
https://doi.org/10.1080/00927678.2024.2336863
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