Philippines' declining investment hinders growth, calls for urgent economic reforms.
The Philippines has been growing rapidly, but investment has been declining. This is because the government can't afford to invest more, businesses don't see the need to invest faster, and some sectors are doing well without increasing investment. The economy is stuck at a low level of capital, which slows down growth and keeps unemployment high. To make the economy grow faster and reduce poverty, the country needs to increase its capital stock by improving economic zones, exchange rates, government revenues, and regulations.