What affects the Philippine economic development?

Question

what are these factors?

Answer 1

Crtical constraints that affect Phillipines economic development are acute infrastructural constraints including transportat contraints, shortage of  skilled manpoer in emerging industreis, poor governance, procedural complexities in business exapnasion and over regulation, small and narrow industrial base, low domestic savings and inadequate access to international bnking credit, hih povrty, etc. For details see

http://www.adb.org/Documents/Books/Phili...