Why roads alone won’t grow the Philippine economy | The View from Manila

#TheViewFromManila | Dr. Jesus Felipe warns that the Philippines has relied too heavily on infrastructure and services while neglecting manufacturing. He explains why roads alone cannot drive growth, and how countries like Japan and Korea used industrial policy to create jobs, build productive capacity, and achieve long-term development. The Philippines must learn from this history: industrial policy must be permanent, strategic, and insulated from political cycles to truly lift the nation.

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