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As reported in Business World on its November 18-19, 2016 issue, the Philippine economy In the last quarter of 2016 expanded at its quickest pace in three years making the country the fastest growing among Asia’s emerging markets.
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The Philippine Institute for Development Studies (PIDS) published a report on 2015-2016 Economic Policy Monitor (EPM), “Risks, Shocks, Building Resilience: Philippines.” With the shocks and risks that the Philippines has been facing, the need for building resilient communities is presented. Having good policies is critical in bolstering coping ability and in building resilient systems.