Philippine Standard time

Where Economic Giants Tread


Cambodia, Laos, Myanmar, and Vietnam (CLMV) try to trek on the same path. Long term goal: to rise on equal footing with the economic giants. Mission, not impossible, if CLMV’s winning weapon would bear the two-in-one insignia: a combination of scientific skills and managerial acumen. Balisacan stresses that if CLMV countries were to be equal footing with the economic giants, now is the time for them to concentrate on cooking up a "mix of policies and institutions needed to spur rural growth and exploit the benefits of globalization.

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