TRIBUNE: Reforms not hype needed to sustain growth - WB
In the "Philippine Economic Update: Accelerating Reforms to Sustain Growth" the WB Poverty Reduction and Economic Management Unit for East Asia and Pacific Region said "the economy needs to shift from consumption towards investment, both public and private. Sectorally, this translates to less dependence on low-wage and low-skill services and more on labor-intensive manufacturing and high value services, underpinned by rising productivity in agriculture."
In the "Philippine Economic Update: Accelerating Reforms to Sustain Growth" the WB Poverty Reduction and Economic Management Unit for East Asia and Pacific Region said "the economy needs to shift from consumption towards investment, both public and private. Sectorally, this translates to less dependence on low-wage and low-skill services and more on labor-intensive manufacturing and high value services, underpinned by rising productivity in agriculture."
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