ocr: Strengths Economy now fully open to outside investment. Agricultural productivity rising. Remittances from Filipinos workang overseas are estimated at $2 billion. Well-equipped ex-US military installations with economic potential, such as Subic Bay. Wealesses Power failures limit scope for expansion. Rudimentary intrastructure, especially transportation. Low domestic savings rates make Philippines reliant on foreign finance. $30-billion debt. Profile In the 1950s, the Philippines was one of the strongest economies in Asia. Since then, it has fallen behind once much poorer nations such as Thail ...
