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and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …, while politically unconnected wealth inequality, income inequality, and initial poverty have no significant effect …A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in …
Persistent link: https://www.econbiz.de/10013061938
The Philippines has set an ambitious goal of becoming a predominantly middle-class society free of poverty by 2040 … trajectory. Growing the middle class is more closely related to new wealth creation rather than typically associated themes such … as poverty reduction or redistribution. This background paper for the 2024 Philippine Institute for Development Studies …
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Philippines has not been as inclusive as in the other countries as manifested in the increase in the magnitude of poverty. This … paper examines how we can improve our record on poverty reduction by looking at how we can generate greater demand for the … persistence of poverty in the Philippines. To promote inclusive growth and reduce poverty, the manufacturing sector has to be made …
Persistent link: https://www.econbiz.de/10009770645
While economic growth is important for poverty reduction, the rather stellar performance of the Philippines in economic … growth has still not translated into reduction of poverty. This is in large part due to issues pertaining to distribution … processes. The study looks at trends in various statistics on poverty and income distribution, and then examines how disparities …
Persistent link: https://www.econbiz.de/10010463348