Tuesday, 7 August 2012

Philippines could be next rising star

Read more at http://www.bworldonline.com/content.php?section=TopStory&title=Philippines-could-be-'next-rising-star'&id=56239

THE PHILIPPINES could be the “world’s next rising star” because it is relatively insulated from the turbulent global environment, economists said on Friday, but the country’s ascent will depend on finding solutions to key constraints.

“When you look for countries that could be the world’s next rising star, you look for increasing growth, a stable fiscal deficit, strong English skills and a belief in education,” said Tyler Cowen, an economist at George Mason University, at the inaugural conference of the Angara Centre for Law and Economics.

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