How the Philippines fell behind its Asean peers

Inquirer.net - Oct 27, 2026

In the decades immediately following World War II, the Philippines was widely regarded as one of Asia’s most promising economies. During the 1950s and early 1960s, it enjoyed relatively high income levels, strong educational attainment and an industrial base that compared favorably with many of its Southeast Asian neighbors. Thailand, Malaysia, Indonesia and even war-ravaged

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