Why the Philippines needs a modern industrial policy

The Philippines is grappling with longstanding economic challenges, including underindustrialization and reliance on remittances and services, making it vulnerable to global economic shifts. A modern industrial policy is crucial to break this dependency and foster sustainable growth. Implementing such a policy could transform the nation's economic landscape, making it more resilient and self-reliant, while also positioning it to compete globally. This shift isn't just about economic numbers but about creating a future where Filipinos can thrive independently.