Posts Tagged ‘ADB’

Philippines ‘Very Complicated,’ Sachs Says

Posted on May 06, 2012 11:15:22 PM

BY FELIPE F. SALVOSA II, Research Head

THERE ARE SIMPLY too many babies being born in the Philippines, making it “very hard” for poverty-reduction efforts to make even a dent, according to one of the world’s most influential economists.

Asia has to ‘constitute its own growth pull’ — Sachs

Fertility rates are “too high” and something should be done to bring down the number of babies born per household to an average of two instead of the current three to promote economic growth and achieve “social inclusion,” said Jeffrey D. Sachs, director of the Earth Institute at Columbia University.

Mr. Sachs, who was in Manila last week for the annual meeting of the Asian Development Bank (ADB), told BusinessWorld that a country with limited resources must prioritize basic needs like nutrition and education, and be able to fight extreme poverty.

“The Philippines of course is a very complicated country, very diverse; it’s an archipelago. It’s very crowded. The population has increased more than four times since 1950. The fertility rates remain quite high in this country, I think too high, actually, because most places that have really made the breakthrough — sustained economic growth, more social inclusion — had their fertility rates coming down voluntarily to the replacement level, two children per household,” said the special adviser to the United Nations (UN) for the Millennium Development Goals and erstwhile contender for the top World Bank post.

The latest census, conducted in 2010, placed the Philippine population at 92.3 million. The population grew by 1.9% annually between 2000 and 2010, meaning two persons were added for every 100 each year, according to the National Statistics Office.
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Poor Filipinos on the Rise Despite Growth — ADB

CHERYL ARCIBAL, GMANEWS.TV December 10, 2009 7:10pm

The number of poor Filipinos has been increasing despite relatively steady economic growth in recent years, the Asian Development Bank (ADB) said.

In a study titled ‘Poverty in the Philippines: Causes, Constraints, and Opportunities,’ the Manila-based lender said the Philippine yearly poverty reduction rate of 0.47 percent between 1990 and 2005 was slower than in Cambodia, Indonesia, Laos, Thailand, and Vietnam.

Only in the Philippines has the overall number of poor people increased during that period, it added.

The number could further rise as a result of the global economic crisis and recent increases in the poverty incidence, the ADB warned.

“Because of the current global economic crisis and recent increases in the poverty incidence, the goal of reducing the proportion of people living in extreme poverty may not be achieved,” it said.

The poorest provinces in the country are mostly located in Mindanao. These are Tawi-Tawi, Zamboanga del Norte, Maguindanao, Lanao del Sur, Surigao del Norte, and Misamis Occidental. The other poorest provinces are Apayao, Masbate, Northern Samar and Abra.

Poverty trap
“For the Philippines, given the main assumption of gross domestic product growth rate of 1.6 percent and considering three scenarios, the poverty incidence will still be in the range of 21.1 percent to 28.7 percent by 2020. Unless the Philippine economy is able to shift to a higher growth trajectory, it might be stuck in a poverty trap,” the ADB said.
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(Book) Poverty in the Philippines: Causes, Constraints and Opportunities

Date: December 2009
Type: Books
Country: Philippines
Subject: Poverty
ISBN: 978-971-561-857-1 (print)

Description
Against the backdrop of the global financial crisis and rising food, fuel, and commodity prices, addressing poverty and inequality in the Philippines remains a challenge. The proportion of households living below the official poverty line has declined slowly and unevenly in the past four decades, and poverty reduction has been much slower than in neighboring countries such as the People’s Republic of China, Indonesia, Thailand, and Viet Nam. Economic growth has gone through boom and bust cycles, and recent episodes of moderate economic expansion have had limited impact on the poor. Great inequality across income brackets, regions, and sectors, as well as unmanaged population growth, are considered some of the key factors constraining poverty reduction efforts.

Poverty in the Philippines: Causes, Constraints, and Opportunities comprehensively analyzes the causes of poverty and recommends ways to accelerate poverty reduction and achieve more inclusive growth. The report provides an overview of current government responses, strategies, and achievements in the fight against poverty and identifies and prioritizes future needs and interventions. The analysis is based on current literature and the latest available data, including the 2006 Family Income and Expenditure Survey.

(Click on the link below to find the page where you can download the book)

Source: http://www.adb.org/sites/default/files/pub/2009/Poverty-Philippines-Causes-Constraints-Opportunities.pdf

(Book) Poverty in the Philippines: Income, Assets, and Access

Karin Schelzig, Asian Development Bank

Asian Development Bank, Ene 1, 2005 – 152 mga pahina

This publication examines official income poverty statistics and trends, but takes a multidimensional approach in exploring questions of access. The report looks at access by the poor to five important assets: human, physical, natural, social, and financial capital. The report identifies seven broad causes of poverty: macroeconomic problems, employment issues, rapid population growth, low agricultural productivity, governance concerns including corruption, armed conflict, and physical disability.

(Click on the link below to find the page where you can download the book)

http://books.google.com.ph/books/about/Poverty_in_the_Philippines.html?id=iVIW-Qh50HoC&redir_esc=y