Philippine Development Report : Creating More and Better Jobs

Accelerating inclusive growth - the type that creates more and better jobs and reduces poverty - is a key challenge for the Philippines. Instead of rising agricultural productivity paving the way for the development of a vibrant labor-intensive manufacturing sector and subsequently of a high-skill services sector, the converse has taken place in the Philippines. Agricultural productivity has remained depressed, manufacturing has failed to grow sustainably, and a low-productivity, low-skill services sector has emerged as the dominant feature of the economy. Lack of competition in key sectors, insecurity of property rights, complex regulations, and severe underinvestment by the government and the private sector have led to this growth pattern, which is not the norm in the East Asia region. This report analyzes the policy distortions that led to the country's weak employment record, highlights the unique window of opportunity where government, business, labor, and civil society can work together and agree on an agenda on job creation, and outlines a number of recommendations which the reform coalition can consider to put the country on an irreversible path of inclusive growth and address the jobs challenge.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2013-09
Subjects:	ACTIVE LABOR, ACTIVE LABOR MARKET, ACTIVE LABOR MARKET PROGRAMS, AGRARIAN REFORM, AGRICULTURE ORGANIZATION, BALANCE OF PAYMENTS, BANKING INDUSTRY, BARGAINING AGREEMENT, BARRIERS TO ENTRY, BENEFICIARY, BUDGETING, CAPITAL GAINS, CASH TRANSFER, CLAIMANTS, COLLATERAL, COLLATERAL SYSTEM, COLLECTIVE BARGAINING, COLLEGE GRADUATES, COMPETITIVE BIDDING, COMPLIANCE COST, COMPLIANCE COSTS, CONFLICT OF INTEREST, CONSUMER PRICE INDEX, CONTESTABLE MARKETS, COOPERATIVE DEVELOPMENT, CORE LABOR STANDARDS, CREATING JOBS, CREATIVE DESTRUCTION, CREDIT BUREAU, CREDIT GUARANTEES, CURRENCY, DEBT, DEBT CRISIS, DEEDS, DEVELOPMENT ASSISTANCE, DEVELOPMENT CORPORATION, DISADVANTAGED GROUPS, DISMISSAL, DISPUTE RESOLUTION, ECONOMIC CONDITIONS, ECONOMIC COOPERATION, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, EDUCATIONAL ATTAINMENT, EMPLOYABILITY, EMPLOYEE, EMPLOYMENT, EMPLOYMENT GENERATION, EMPLOYMENT OPPORTUNITIES, EMPLOYMENT PROGRAM, EMPLOYMENT PROSPECTS, ENTERPRISE DEVELOPMENT, EQUIPMENT, EXCHANGE COMMISSION, EXCHANGE RATE, EXPENDITURE, EXPENDITURES, FAMILY INCOME, FINANCIAL CRISIS, FINANCIAL MANAGEMENT, FIRM ENTRY, FISCAL AUTONOMY, FISCAL BURDEN, FOREIGN DIRECT INVESTMENT, FOREIGN INVESTMENT, FOREIGN OWNERSHIP, FREE PRESS, GAINFUL EMPLOYMENT, GOVERNMENT FINANCE, GOVERNMENT REGULATIONS, GOVERNMENT SPENDING, GROSS DOMESTIC PRODUCT, HEALTH INSURANCE, HOLDING, HOUSEHOLD INCOME, HOUSEHOLD SURVEYS, HUMAN CAPITAL, HUMAN DEVELOPMENT, HUMAN RESOURCES, INCOME SUPPORT, INCOME TAX, INFORMAL SECTOR, INFORMAL SECTOR WORKERS, INFORMATION SYSTEM, INFORMATION TECHNOLOGY, INNOVATION, INSTITUTIONAL CAPACITY, INSURANCE CORPORATION, INTERNATIONAL FINANCE, INVENTORY, INVESTING, INVESTMENT CLIMATE, INVESTMENT OPPORTUNITIES, INVESTMENT SPENDING, JOB CREATION, JOB INSECURITY, JOB LOSSES, JOB SECURITY, JOB SEEKERS, JOBS, JUSTICE SYSTEM, LABOR FORCE, LABOR FORCE SURVEY, LABOR MARKET REGULATIONS, LABOR MOBILITY, LABOR OFFICES, LABOR ORGANIZATION, LABOR ORGANIZATIONS, LABOR POLICIES, LABOR REGULATIONS, LABOR RELATIONS, LABOR STANDARDS, LACK OF COMPETITION, LAND ADMINISTRATION, LAND OWNERSHIP, LAND REFORM, LAND REGISTRATION, LAND TITLES, LANDHOLDERS, LEGAL FRAMEWORK, LEVEL PLAYING FIELD, LEVY, LOCAL GOVERNMENT, MACROECONOMIC POLICIES, MARKET ACCESS, MARKET PRICES, MARKET VALUES, MFIS, MICRO FINANCE, MICRO FINANCE INSTITUTIONS, MINIMUM WAGE, MINIMUM WAGES, MONETARY FUND, MONOPOLIES, MOVABLE ASSETS, MOVABLE PROPERTY, NON-FARM SECTOR, OCCUPATIONS, OLIGOPOLIES, ORGANIZATIONAL PERFORMANCE, ORGANIZED LABOR, PAYMENT SYSTEMS, PERFORMANCE INDICATOR, PERFORMANCE INDICATORS, PERFORMANCE MANAGEMENT, POLITICAL INSTITUTIONS, POLITICAL STABILITY, PREVIOUS SECTION, PRICES FALL, PRIMARY EDUCATION, PRIVATE INVESTMENT, PRIVATE INVESTMENTS, PRIVATE PARTNERSHIPS, PRIVATE SECTOR, PRIVATE SECTOR JOB, PRODUCTIVITY IMPROVEMENTS, PROGRAM BENEFICIARIES, PROPERTY RIGHTS, PUBLIC EMPLOYMENT, PUBLIC EMPLOYMENT SERVICE, PUBLIC FINANCE, PUBLIC INVESTMENT, PUBLIC INVESTMENTS, PUBLIC WORKS, PUBLIC WORKS PROGRAM, REAL EXCHANGE RATE, REAL INCOME, REAL PROPERTY, REAL WAGES, REGULATORY CAPACITY, REGULATORY FRAMEWORK, REGULATORY SYSTEM, REMITTANCE, RETAIL TRADE, SAFETY, SAFETY NET, SALARIED WORKERS, SAVINGS ACCOUNTS, SECURITIES, SETTLEMENT, SETTLEMENT SYSTEM, SKILL SHORTAGES, SKILLED WORKERS, SKILLS DEVELOPMENT, SMALL BUSINESSES, SOCIAL WELFARE, STABLE JOBS, STRUCTURAL PROBLEMS, TAX, TAX CODE, TAX INCENTIVES, TAX OBLIGATIONS, TAX POLICY, TAX REGIME, TAX SYSTEM, TELECOMMUNICATIONS, TOTAL EMPLOYMENT, TOTAL FACTOR PRODUCTIVITY, TRAINING PROGRAM, TRAINING PROGRAMS, TRANSACTION, TRANSACTION COSTS, TRANSPARENCY, TREASURY, TURNOVER, UNEMPLOYED, UNEMPLOYMENT, UNEMPLOYMENT INSURANCE, UNPAID FAMILY WORKERS, VOCATIONAL EDUCATION, WAGE LEVELS, WAGE RATE, WAGE RATES, WORKER, WORKER PRODUCTIVITY, WORKERS, YOUNG WORKERS,
Online Access:	http://documents.worldbank.org/curated/en/2013/09/18741265/philippine-development-report-creating-more-better-jobs https://hdl.handle.net/10986/16716
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