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Why Philippines improves in competitiveness ranking

Ronald Mendoza of the Asian Institute of Management Policy Center provides an analysis on the Philippines recent 5-notch rise up the 2013 World Competitiveness Yearbook. He comments that In all the areas covered—FDI, government efficiency, infrastructure, energy and investments (including in human capital)—it is fair to say that some progress has already been made. However, the pace of reform, and the elements that promote stronger inclusiveness in economic outcomes could be ratcheted-up several notches. Reports Rappler