Public Private Partnerships in the Philippines: When Failed Bidding Means Victory

Jayson H. Cainglet ()

Development, 2016, vol. 59, issue 1, 133-136

Abstract: Abstract For many years, trade and investment policies in the Philippines and other economies in the Asia region have been a ‘race to the bottom’ as countries tried to outdo each other in enticing foreign investors at all cost and at the expense of social protection, environmental safeguards and peoples welfare. The current thrust for public private partnerships may prove to be the worst of this kind, given the magnitude and scale of the projects involved.

Keywords: Race to the bottom; Sovereign guarantee; Displacements (search for similar items in EconPapers)
Date: 2016
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DOI: 10.1057/s41301-017-0080-2

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