ADDRESSING the Economic Journalists’ Association of the Philippines (EJAP) on Monday evening, Finance Secretary Carlos Dominguez 3rd stressed that an “inclusive economy” was vital, if the Philippines is to enjoy truly sustainable economic growth. We can hardly criticize Dominguez for steering a broad topic like “economic inclusiveness” in the direction of a current agenda; the man, after all, has a job to do. It seems to us, however, that Dominguez only addressed two parts of the solution to greater economic inclusiveness. In his speech, he cited the example of Singapore as a model of an inclusive economy. “In these advanced economies, the capital markets are as deep-rooted as the economy is inclusive.

Source: Manila Times February 08, 2017 16:18 UTC