Economy likely to slow under Duterte – EIU

President-elect Rodrigo Duterte’s popularity will result in an “uncontested” political transition for the new government, but his strongman approach to governance could cause investors jitters, unsettle lawmakers and slow progress in implementing economic policy, a British research group said in a newly released report.

In the report “Strongman rising: What a Rodrigo Duterte presidency will mean for the Philippines” released Monday, the Economist Intelligence Unit (EIU) evaluated three scenarios for economic growth under the incoming presidency.