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Philippins Economy

Philippines' 'Mirage' Economy: Why It's Worse Than a Bubble

Richard Javad Heydarian | Posted 02.04.2014 | World
Richard Javad Heydarian

Even if the Philippines is not another bubble waiting to burst at any moment, the recent economic uptick is inherently hollow -- for it is unlikely to trickle down to the greater impoverished masses anytime soon.