Philippines future looks bright
26 July 2013 Last updated at 04:42 BST
This week Asia Business Report has been taking a look at the Philippines as part of a special series.
The country, known for its most famous export - its people - this year notched up the fastest growth rate in South East Asia despite this.
So what does the future hold?
The BBC's Sharanjit Leyl posed that question to the managing director at the Asian Development Bank, Rajat Nag, whose headquarters is in Manila.