IN many parts of the world, the economic downturn was abated by the emergence of startups, young entrepreneurs, freelancers and professionals in the gig economy.

Moving forward, and in the post-pandemic era, the Philippine economy will do better if there will be ample systemic support for these emerging modes of doing business and sources of employment and livelihood. The Organization for Economic Cooperation and Development (OECD) calls these helpful elements of the new economy "gazelles, startups and the new self-employed."

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