Again: Corruption pulls down RP in global competitiveness
September 9, 2009
By Evelyn Macairan (The Philippine Star) Updated September 09, 2009 12:00 AM
MANILA, Philippines – The Philippines dropped from 71st place to 87th in the latest Global Competitiveness Index prepared by the World Economic Forum.
Corruption, an inefficient bureaucracy, inadequate infrastructure and policy instability were the top problem areas cited in the annual study, which ranked 133 economies.
Source Link: The Philippine Star
Related Link: Doing Biz in RP Harder
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