Irenaeus, Siteadmin, Check users, oversight, Administrators
351,508
edits
Changes
Jump to navigation
Jump to search
Line 178:
Line 178: − + − +
→Philippines and the middle-income trap
==== Philippines and the middle-income trap ====
==== Philippines and the middle-income trap ====
See also: [[Middle-income countries]]
''See also:'' [[Middle-income countries]]
The Asian Development Bank is a regional development bank established in 1966 with 31 offices in the world designed to promote social and economic development in Asia. The Bank is headquartered in Manilla, Philippines.
The Asian Development Bank is a regional development bank established in 1966 with 31 offices in the world designed to promote social and economic development in Asia. The Bank is headquartered in Manilla, Philippines.
At the present time, the Philippines has high GNP growth and is endeavoring to move from being a [[Middle-income countries|middle-income country]] to a high-income country.
At the present time, the Philippines has high [[GNP]] growth and it is projected to become an upper-income middle-income country by 2026.<ref>[https://www.moneycontrol.com/news/business/philippines-may-achieve-upper-middle-income-status-by-2026-11815881.html Philippines likely to be upper middle-income country by 2026], Money Control website, November 2023</ref>
'''Philippines and the middle-income trap:'''
'''Philippines and the middle-income trap:'''