On the asymmetrical effects of the new information and communications technology on income distribution, owing to the differential complementarity between computerization and non-routine work of high and low human capital content, see C. Goldin and L.F. Katz, The Race between Education and Technology, Cambridge, Mass., Belknap Press, 2008.
It is essential therefore to ensure that the people responsible for running the finances, whether of a single institution or the financial system as whole, meet the high standards of their job. In the Philippines, development policies and programs have led to over 15 years of uninterrupted economic growth; this has improved the lives of many Filipinos.