IN a new analysis by the research firm Oxford Economics (published September 30), a warning that foreign direct investment (FDI) flows appear headed for a long period of contraction should cause economic policymakers here to take notice. Attracting foreign investment and increased FDI flows has long been a key aspiration in the Philippines' economic planning, but the research suggests that the results of our efforts, at least for the next several years, are going to be disappointing.

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