Philippines: investment grade but could do better

Manila’s business elite give outgoing Philippines president Ninoy Aquino a B+ for economic management.
The Philippines has flourished under President Benigno Aquino but some of his election promises remain unfulfilled
The Philippines has flourished under President Benigno Aquino but some of his election promises remain unfulfilled

When Benigno “Ninoy” Aquino III hands administration of the Philippines to a new president in May next year he will be leaving behind an economy in good shape. Since assuming the presidency in 2010 the populist leader has guided the country to greater prosperity by eschewing the privileges of office and rejecting corruption.

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