Philippines grapples with cost of economic success
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Philippines grapples with cost of economic success

Manila : Philippines | Nov 01, 2012 at 7:17 AM PDT
Source: Turks and Caicos Free Press
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Reforms pushed through by President Benigno Aquino have put the Philippines back on the map for international investors but authorities are struggling to control an inflow of capital that has pushed up the currency and threatens asset price bubbles. The central bank cut interest rates last week to... FULL ARTICLE AT Turks and Caicos Free Press
 
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