Is time on Arroyo's side?

TIME IS EITHER AN ENEMY OR AN ALLY of the embattled government of President Gloria Macapagal-Arroyo. Although the economy has enjoyed unprecedented growth during the past 30 years, hitting 7.3 percent in 2007, the biggest expansion took place during the past two years, breaking past the 4.6 percent average growth rate in 2001-2006. This article does not intend to establish the relationship between economic growth and political turbulence. A recent study by the Asian Development Bank examined… More information...

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