The Philippines dropped three notches to 86th place out of 124 economies in the Global Opportunity Index 2023 (GOI) by nonprofit think tank Milken Institute. It lagged behind its peers in the East and Southeast Asia region. The index measures an economy’s investment opportunity for global investors to deploy capital. The Philippines ranked highest in economic fundamentals which focus on a country’s macroeconomic outlook, its readiness for future growth, and the quality and diversity of its labor force.
Global Opportunity Index_Milken Institute
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Source: Business World and Milken Institute