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In a report titled “Overcoming Poverty and Inequality in the Philippines: Past, Present, and Prospects for the Future” released today, the World Bank said that the Philippines has made important gains in poverty reduction.
24 Νοε 2022 · MANILA, Philippines – High economic growth and job expansion have resulted in significant poverty reduction in the Philippines, yet an elite few continue to hold a bulk of national wealth,...
24 Νοε 2022 · MANILA, Philippines — Despite steady progress for three decades, the Philippines still struggles to close one of the widest wealth gaps in East Asia, with the country ranking 15th out of 65...
14 Οκτ 2022 · The Philippines remains a world laggard in closing the gap between the rich and poor, as a consequence of meager funding for social services, dismal tax collection rates and low respect for labor rights during the pandemic, according to a study by Oxfam International and Development Finance News (DFN).
25 Νοε 2022 · MANILA, Philippines — The Philippines has made gains in reducing poverty, but it is among the countries with the highest income inequality in East Asia, which the World Bank said could be...
24 Νοε 2022 · The report we are discussing today examines the patterns of poverty and inequality in the Philippines and how the pandemic may affect their trends. The report aims to answer three questions: how did poverty and inequality change over the past three decades and what drove these changes?
24 Νοε 2022 · The Philippines has made significant progress in reducing poverty, but income inequality has only recently begun to fall. Thanks to high growth rates and structural transformation, between 1985 and 2018 poverty fell by two-thirds.
