The experience of Olongapo City in managing economic distress due to the loss of its economic anchor, the Subic Bay Naval Base, offers a rich lesson in local governance on how critical it is to plan ahead. The risk of a severe downturn, primarily due to economic dependency, can be successfully...

This paper presents a few of the latest statistics on income poverty, growth and inequality, and makes a case about the need not only to monitor current poverty, but also to reduce future poverty. An assessment of the trends in household vulnerability to income poverty is made for the years...

The recent global financial and economic crisis which started in the United States and expanded to other developed countries has, to some extent, affected developing countries as well. Given the vulnerability of most developing countries, it is important to monitor the impact of this global...

The Philippines has been posting progress in terms of poverty reduction since the early 1990s. However, reversal in the trend was observed in 2006. Further worsening of the poverty situation is expected given the various economic and natural shocks (i.e., food and fuel price hikes; global...