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Evaluating Philippine’s Economic Development in 2010 and 2015: Utilizing Global Competitive Index, Human Development Index and Environmental Performance Index

  • Korean Social Science Journal
  • Abbr : KSSJ
  • 2019, 46(1), pp.77-98
  • Publisher : Korean Social Science Research Council
  • Research Area : Social Science > Social Science in general
  • Received : May 14, 2019
  • Accepted : May 29, 2019
  • Published : June 1, 2019

Alma Angeli de Castro Placido 1 Hwang, Sungsoo 2

1Ernst & Young, Phillipines
2영남대학교

Accredited

ABSTRACT

This paper evaluates the Philippine’s economic development between the years 2010 and 2015, under the leadership of former President Benigno "Noynoy" Aquino, III. This study presents an overview of the Philippine’s economic development strategy and utilize the results from the Global Competitiveness Index (GCI) Report, Human Development Index (HDI) Report, and Environmental Performance Index (EPI) Report as a measure to evaluate the economic growth. Both quantitative analysis and qualitative analysis are used to compare the impact of the Philippine’s development between 2010 and 2015. To the exception of the macroeconomic environment pillar of the GCI and ecosystem vitality issue area of the EPI, it is found that there are significant differences existing in each of the development indicators.

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