The role of power prices in structural transformation: Evidence from the Philippines
Research article by Majah-Leah Ravago, Arlan Brucal, James Roumasset, Jan Carlo Punongbayan on 14 May 2019
The Philippines provides an extreme example of Rodrik’s observation that late developing countries experience deindustrialization at lower levels of per capita income than more advanced economies. Previous studies point … read more »