Current Account Dynamics and the Philippine Economy: Developments and Prospects Chapter 4: Reigniting an engine: Trends, challenges, and prospects in Philippine manufacturing

Faith Christian Cacnio, John Michael Rennie Hallig, Marie Edelweiss Romarate and Carl Francis Maliwat
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Faith Christian Cacnio: Bangko Sentral ng Pilipinas
John Michael Rennie Hallig: Bangko Sentral ng Pilipinas
Marie Edelweiss Romarate: Keio University
Carl Francis Maliwat: Bangko Sentral ng Pilipinas

BSP Special Publications from Bangko Sentral ng Pilipinas

Abstract: This chapter outlines the country’s history of industrialization, focusing on the manufacturing sector’s developments. It examines the trends in local manufactured goods exports over the decades and assesses the country’s evolving trade specialization. The chapter also identifies the determinants of manufacturing growth for the Philippines and selected ASEAN countries. Moreover, it discusses the challenges and issues that impede the development of the country’s manufacturing sector. Creation Date: 2026-03

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Published as a BSP Special Publication, March 2026

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Persistent link: https://EconPapers.repec.org/RePEc:bhd:spcpub:ch-04

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