The Philippines inflation in the past three years has been traced to short supplies of basic farm and fishery products. - AFP file photo
MANILA (Philippine Daily Inquirer/Asia News Network): The great paradox about the Philippines is that in spite of its being among the most naturally wealthy countries on earth, it has found itself in a worse economic situation than far less-endowed neighbours and comparable economies around the world.
Our abundance of natural wealth is widely recognised. Our 300,000sq km of land and inland waters host an extremely rich and diverse array of plant and animal life. With more than 36,000km of coastline and abundant inland waters, we have an extremely rich array of marine and freshwater resources known to be among the richest and most diverse in the world.
