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Foreign manufacturing needs regulation to contribute to long-term development
Trade deficit worsened as FDI increased
Reducing ‘restrictiveness’ does not guarantee foreign investment
Despite ‘restrictiveness’, foreign investment in the country grew substantially since the 1980s
The Philippine economy is already among the most open to foreign investment in region
Stagnant Real Wages, More Expensive Food
Minimum Wage Vs Family Living Wage Per Region as of January 2024
NCR Family Living Wage as of January 2024
Foreign investment doesn’t mean development
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