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Publication Detail
WP 034: Economic Opennes and Regional Development in the Philippines

This paper examines how economic openness influences regional development in the Philippines. It first looks at the disparities in economic and social indicators across the country’s 14 regions and over time. Metro Manila continues to tower over the national economic landscape, though economic dispersal especially to the adjacent regions appears to be picking up. The paper then analyzes the determinants of regional development, using five-year panel data. Trade openness appears to be beneficial to regional economic growth and—through growth—poverty reduction. However, it cannot by itself be expected to bring about more balanced regional development.

Asian Development Bank
Authors Keywords
ADB; economic openness; econometric modeling; regional cooperation; economic development; regional economic integration; economic cooperation; economic liberalization;
Download PDF Number of Downloads
Published in 2003 and available in the ADB Website or Downloaded 355 times since November 25, 2011
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