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Divided politics and economic growth in the Philippines
[journal article]
Abstract As the 2016 elections drew near and the prospects of a Rodrigo Duterte presidency became stronger, there were concerns that the economy might be adversely affected by the expected political volatility under the new regime. Since the start of the campaign season, Duterte had been rocking the establis... view more
As the 2016 elections drew near and the prospects of a Rodrigo Duterte presidency became stronger, there were concerns that the economy might be adversely affected by the expected political volatility under the new regime. Since the start of the campaign season, Duterte had been rocking the establishment through controversial pronouncements and outbursts, attracting the enmity of leaders of the Catholic Church, the United States, and the United Nations. Based on a review of recent political and economic performance, this article argues that unless there are significant changes in the major sources of macroeconomic growth and stability, the Philippine economy would likely withstand the impact of a "Duterte shock".... view less
Keywords
Philippines; politics; Southeast Asia; economy; macroeconomics; economic growth; political stability; international relations; foreign policy
Classification
Political Process, Elections, Political Sociology, Political Culture
International Relations, International Politics, Foreign Affairs, Development Policy
Economic Policy
Document language
English
Publication Year
2016
Page/Pages
p. 161-186
Journal
Journal of Current Southeast Asian Affairs, 35 (2016) 3
Issue topic
The Early Duterte Presidency in the Philippines
ISSN
1868-4882
Status
Published Version; reviewed