Geopolitics
Beyond the Mirage: The Philippines' Productivity Crisis and the Imperative for Sovereign Development
The Philippines has achieved remarkable GDP growth over 25 years, tripling its economy and improving incomes for its poorest citizens, yet its growth is heavily reliant on capital accumulation rather than productivity gains, leaving it vulnerable to the middle-income trap. This exposes the fundamental flaw in a development model crafted by Western institutions like the IMF and World Bank, which prioritizes superficial growth metrics over genuine, self-sustaining productivity that empowers nations to break free from neo-colonial economic dependencies.