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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1015 |
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Certainly the country weathered the economic storm in much better shape than Thailand, Indonesia, and other ASEAN nations. Although far from rosy, prospects were not all that bad as the smoke cleared in 1998 and 1999. Indeed, many knowledgeable pundits expected the Philippines to recover much more rapidly than its peers and even to (belatedly) join the ranks of the Asian tigers...
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Although far from rosy, prospects were not all that bad as the smoke cleared in 1998 and 1999. Indeed, many knowledgeable pundits expected the Philippines to recover much more rapidly than its peers and even to (belatedly) join the ranks of the Asian tigers.
Erap, although a world-class crook and with virtually no real qualifications to be President, somehow managed to continue most of Ramos' economic policies and to install a reasonably strong team of economic and business advisors and cabinet ministers...
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