Poorer but less poor : notes on the Philippine poverty trends 2000-2003
AbstractThis paper attempts to shed light on the debate sparked by the seemingly conflicting trend from 2000 to 2003 where we note a decrease in real incomes accompanied by a decrease in poverty incidence. A comparison of income and expenditure figures across space and over time gives us two important lessons: The first is that in order to have a radical impact on poverty reduction, we really need to bring the economy to a higher growth path. The second is that lapses in economic performance, even if only momentary, are costly in terms of poverty reduction efforts. We recommend that a comprehensive poverty alleviation program should include a macro growth strategy, efforts to improve linkages between the high-growth and broad-based sectors of the economy, and measures to address vulnerabilities among those who will graduate out of poverty.
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Bibliographic InfoArticle provided by University of the Philippines School of Economics and Philippine Economic Society in its journal Philippine Review of Economics.
Volume (Year): 42 (2005)
Issue (Month): 1 (June)
poverty; growth; welfare; Philippines;
Find related papers by JEL classification:
- I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty
- N35 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Asia including Middle East
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