Breaking the Chains of Poverty Among Filipino Households: Will it Be in this Lifetime?

• Main Author: Rivera, John Paolo R.
• Format: text
• Published: Animo Repository 2015
• Subjects: macroeconomics; Poverty alleviation; poverty; philippines; Income Distribution; Macroeconomics; Public Economics
• Online Access: https://animorepository.dlsu.edu.ph/res_aki/126; https://animorepository.dlsu.edu.ph/context/res_aki/article/1140/viewcontent/BREAKING_THE_CHAINS_OF_POVERTY_AMONG_FILIPINO_HOUSEHOLDS.pdf
• Institution: De La Salle University

The Asian Development Bank (ADB) attributes persistent poverty in the Philippines to “weak macroeconomic management, employment issues, high population growth, an underperforming agricultural sector and unfinished land reform agenda, governance issues including corruption and a weak state, conflict and security issues, particularly in Mindanao, and disability” (Asian Development Bank [ADB], 2005, xvii). Despite copious and varied government initiatives to remedy the situation, however, Filipinos in the lower income deciles continue to suffer from the constant deprivation of basic necessities (Schelzig, 2005).