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In the 3rd quarter of 2012, news of the national economy growing at 7.1% came as a pleasant surprise. According to the National Statistical Coordination Board (NSCB), industry growth contributed largely to the upturn of the Philippine gross domestic product (GDP), with the industry sub-sectors (manufacturing; construction; electricity, gas and water supply) exhibiting remarkable growth. This manifest improvement in the industry performance has been tracked for five (5) consecutive quarters, giving high hopes for the country for a manufacturing ‘renaissance’ which could lead to significant increases in investments, per capita growth and employment.

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Title: A Framework on Embedding Decent Work in Industrial Policy: The Philippine Automotive Industry as Illustration
:Institute for Labor Studies