Coming up jasmine
Once a laggard, the economy of the Philippines is starting to catch up
ON THE drive from central Manila to the city’s main airport, the Philippine capital’s heavy traffic descends into full-scale chaos. The culprit is not the usual rash of breakdowns or sticky-fingered traffic cops, but the construction of a shiny elevated four-lane expressway leading to a new casino and resort.
This article appeared in the Finance & economics section of the print edition under the headline “Coming up jasmine”
From the August 23rd 2014 edition
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