Publication:
Running Uphill: Growth, Jobs, and the Quest for Productivity. Philippines Growth and Jobs Report

Simple item page
dc.contributor.authorWorld Bank
dc.date.accessioned2025-07-15T14:34:55Z
dc.date.available2025-07-15T14:34:55Z
dc.date.issued2025-07-15
dc.description.abstractFaster growth was driven by pro-investment reforms implemented in a period of high returns to investment and facilitated by public foundational infrastructure investment. Macroeconomic and structural reforms enhanced stability and lowered investment costs. Public investment, increasing from 2.5 to 5.0 percent of GDP on average in the past decade, contributed to providing some of the public goods needed. Given the remaining gaps in investment relative to global standards, these reforms led to high returns to private investment, creating the right conditions to attract more investment from home and abroad, particularly to lagging regions. Spatial convergence became another engine of growth. A more complex external environment and ambitious national targets call for accelerating growth and improving labor outcomes. Potential growth must rise to create more productive jobs. This requires improved connectivity infrastructure, better local governance, and innovation policies to enhance productivity, together with regulatory and trade reforms to optimize resource allocation and tap into the global economy. It also requires stronger skills to prepare for the jobs of the future. In the following six chapters, this report looks at these issues in detail. The first two chapters look at macro and micro features of growth and job creation. They centrally position better labor outcomes as an objective of faster growth. They examine how policies supported or inhibited job creation and growth, and provide long-term growth projections. The subsequent three chapters look at specific development challenges. Chapter 3 looks at spatial growth and job creation dynamics; Chapter 4 looks at technology adoption and productivity dynamics; and Chapter 5 looks at how climate events affect firms’ performance and decisions on investment and jobs.en
dc.identifierhttp://documents.worldbank.org/curated/en/099071425163025586
dc.identifier.doihttps://doi.org/10.1596/43456
dc.identifier.urihttps://hdl.handle.net/10986/43456
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectDECENT WORK
dc.subjectECONOMIC GROWTH
dc.subjectINVESTMENT CLIMATE
dc.subjectPUBLIC FOUNDATIONAL INFRASTRUCTURE INVESTMENT
dc.subjectREGULATORY AND TRADE REFORMS
dc.titleRunning Uphillen
dc.title.subtitleGrowth, Jobs, and the Quest for Productivity. Philippines Growth and Jobs Reporten
dc.typeReport
dspace.entity.typePublication
okr.date.disclosure2025-07-15
okr.date.doiregistration2025-07-17T02:11:07.193978Z
okr.date.lastmodified2025-07-15T12:05:19Zen
okr.doctypeEconomic & Sector Work::Other Social Protection Study
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099071425163025586
okr.guid099071425163025586
okr.identifier.docmidP501984-3dd1e5be-b4ad-4575-a025-c4cd497c5f39
okr.identifier.externaldocumentum40029828
okr.identifier.internaldocumentum40029828
okr.identifier.report202571
okr.import.id7955
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttps://documents.worldbank.org/curated/en/099071425163025586/pdf/P501984-3dd1e5be-b4ad-4575-a025-c4cd497c5f39.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryPhilippines
okr.topicSocial Protections and Labor::Employment and Unemployment
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicSocial Protections and Labor::Labor Markets
okr.topicInfrastructure Economics and Finance::Private Participation in Infrastructure
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
P501984-3dd1e5be-b4ad-4575-a025-c4cd497c5f39.pdf
Size:
2.64 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
P501984-3dd1e5be-b4ad-4575-a025-c4cd497c5f39.txt
Size:
583.6 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Other Social Protection Study