Social enterprises growing, need govt support – PIDS

Social enterprises in the Philippines are resurging, but the domestic policy environment is yet unresponsive to such growth, calling for greater government help in enabling them to contribute to inclusive growth, state think tank Philippine Institute for Development Studies (PIDS) said.

The government needs to understand better the context of social enterprise operations by doing rigorous research, given that social enterprises are now promoted globally as major agents of inclusive growth and sustainable development, PIDS said in a discussion paper.