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Tourism: The Industry Of Those That Could Not Industrialize, Jesus Felipe

Angelo King Institute for Economic and Business Studies (AKI)

Discussions about the magnificent possibilities of the Philippine tourism sector are not new. Yet, the constraints the sector faces continue without being addressed. I also often hear references, like the one above, to the sector as one that will contribute significantly to the Philippines eventually attaining high income per capita. In this Brief, I offer some considerations on both issues.