Enhancing income opportunities

Accelerating growth is essential for poverty reduction. As argued earlier, poverty has failed to decline significantly since the East Asian Crisis due to insufficiently dynamic growth, a high degree of income inequality that reduces the income elasticity of poverty reduction, and an apparent worseni...

Full description

Saved in:
Bibliographic Details
Main Authors: Verlarde, Rashiel, FUJII, Tomoki, Lächler, Ulrich
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2010
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/1293
https://ink.library.smu.edu.sg/context/soe_research/article/2292/viewcontent/Philippines_report_2010_pv.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English
id sg-smu-ink.soe_research-2292
record_format dspace
spelling sg-smu-ink.soe_research-22922019-04-13T06:15:16Z Enhancing income opportunities Verlarde, Rashiel FUJII, Tomoki Lächler, Ulrich Accelerating growth is essential for poverty reduction. As argued earlier, poverty has failed to decline significantly since the East Asian Crisis due to insufficiently dynamic growth, a high degree of income inequality that reduces the income elasticity of poverty reduction, and an apparent worsening of the income distribution. The first step toward addressing this failure is to accelerate growth, which will not be easy in the short run while the global slowdown continues to run its course. Moreover, even though the global crisis is gradually bottoming out, the post-crisis external environment is likely to be much less favorable than before, which threatens to leave the Philippine economy on a lower growth plateau in the absence of reforms. This adds further urgency to the removal of growth constraints that already existed before the crisis, and which are examined below. 2010-01-01T08:00:00Z text application/pdf https://ink.library.smu.edu.sg/soe_research/1293 https://ink.library.smu.edu.sg/context/soe_research/article/2292/viewcontent/Philippines_report_2010_pv.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University Asian Studies Growth and Development
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Asian Studies
Growth and Development
spellingShingle Asian Studies
Growth and Development
Verlarde, Rashiel
FUJII, Tomoki
Lächler, Ulrich
Enhancing income opportunities
description Accelerating growth is essential for poverty reduction. As argued earlier, poverty has failed to decline significantly since the East Asian Crisis due to insufficiently dynamic growth, a high degree of income inequality that reduces the income elasticity of poverty reduction, and an apparent worsening of the income distribution. The first step toward addressing this failure is to accelerate growth, which will not be easy in the short run while the global slowdown continues to run its course. Moreover, even though the global crisis is gradually bottoming out, the post-crisis external environment is likely to be much less favorable than before, which threatens to leave the Philippine economy on a lower growth plateau in the absence of reforms. This adds further urgency to the removal of growth constraints that already existed before the crisis, and which are examined below.
format text
author Verlarde, Rashiel
FUJII, Tomoki
Lächler, Ulrich
author_facet Verlarde, Rashiel
FUJII, Tomoki
Lächler, Ulrich
author_sort Verlarde, Rashiel
title Enhancing income opportunities
title_short Enhancing income opportunities
title_full Enhancing income opportunities
title_fullStr Enhancing income opportunities
title_full_unstemmed Enhancing income opportunities
title_sort enhancing income opportunities
publisher Institutional Knowledge at Singapore Management University
publishDate 2010
url https://ink.library.smu.edu.sg/soe_research/1293
https://ink.library.smu.edu.sg/context/soe_research/article/2292/viewcontent/Philippines_report_2010_pv.pdf
_version_ 1770571040349487104