This book examines all major facets of the Philippine economy and development policy. Contributors to this volume look both to the past and to the future, and their approaches are variously descriptive, analytical, interpretive, and comparative. The book assesses trends since the 1980s,identifies major policy issues, and provides a balance sheet of achievements and deficiencies over the past decade and beyond. It highlights future challenges that need to be addressed if the country is to embark on a sustainable, durable, and equitable growth trajectory. The book also offerslessons from the country's development experience which may be relevant for many countries at the present time. The volume has particular relevance for the country's policymakers, academics and the business community, and will also appeal to a broader international audience.