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Failure to launch

Industrialisation in metal-rich Philippines

Dados Bibliográficos

ID12549645
AutoresRene E Ofreneo (University of the Philippines Diliman, autor correspondente)
Ano2009
Volume14
Fascículo2
Páginas194-209
Data de publicação2009-04-02
Open AccessNão
TipoARTICLE
PeriódicoJournal of the Asia Pacific Economy (JOURNAL)
Identificadores do periódicoISSN: 1354-7860 • E-ISSN: 1469-9648
EditoraRoutledge (PUBLISHER • GB)
DOI10.1080/13547860902786037
OpenAlexW2032349861
IdiomaEN
Citações recebidas6
Referências citadas4

This paper is an inquiry into the failure of the Philippines to utilise its rich endowment of metallic minerals in pursuing industrialisation tracing it to the absence of a clear and coherent industrial vision and programme, policy inconsistencies, weak political will and poor government–private sector cooperation using illustrations from a four-decade-old steel integration project that failed to take off. Moreover, the post-war growth of the mining industry developed not on the basis of the long-term industrial requirements of the country but around the raw material requirements of an emergent Japan. Even the sintering and smelting projects came about on the initiative of Japan based on the latter's narrow development agenda for the host country. The paper, however, argues that present-day globalisation realities dictate that the Philippines and other similarly situated developing countries should focus on activities with the highest potentials for value addition, job creation and sustained development in their industrialisation efforts. For this, strategic industrial visioning and an activist State capable of translating the vision into concrete doables and follow-ups are still in order, which require investment in innovation, and good labour and human resources management practices

Business · Economic growth · Economic policy · Economics · Endowment · Globalization · Government (linguistics · Industrialisation · Market economy · Political science · Politics · Private sector · Economic Zones and Regional Development · Fiscal Policy and Economic Growth · Global trade and economics

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Citações por ano0,43
Intervalo de citações2012 - 2018 (7)
Altamente citadoNão

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