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The Philippine Constitution contains many strong restrictions targeted against the flow of foreign capital in specific areas of economic activities. These restrictions were the same ones that were incorporated into the nationalistic provisions of the 1935 Constitution when its framers were...
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The Philippine peso appreciation has been creating serious problems for the economy because of the high degree of unemployment and poverty incidence in the country. More specifically, it threatens contraction of the export sector through loss of competitiveness. The paper tracks the exchange...
Persistent link: https://www.econbiz.de/10009631471
The Philippines became independent in 1946 but its legal and constitutional framework was erected in the 1935 Constitution. The 1987 Constitution did little to change these provisions in the midst of economic reforms that were undertaken to improve the legal basis of doing business and promoting...
Persistent link: https://www.econbiz.de/10003496900