Marcos restores economic stability, but reforms lag—GlobalSource

MANILA, Philippines — The Marcos administration restored stability but missed reforms to boost long-term competitiveness, New York-based think tank GlobalSource Partners said on Tuesday. In a commentary, economists Diwa Guinigundo and Wilhelmina Manalac called the first four years “mixed but consequential.” “The administration has yet to convert macroeconomic stability into broad-based productivity-enhancing reforms. The economy remains