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addressing poverty, the Philippines is hindered by the limited expansion of its middle class. In the East Asia region over 2002 …-thirds, but the share in the Philippines increased from 37 percent to just 44 percent. The lack of well-paying jobs limited the …
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policies, and lower financing costs. Historically, the Philippines have been exposed to considerable fiscal risks, in part … abated, they still remain sizeable in the Philippines. To improve its risk management, the government is pursuing a program …
Persistent link: https://www.econbiz.de/10012247603
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We estimate the effects on growth of nine fiscal reform episodes in seven high-income countries using the Synthetic Control Method. These episodes are selected using an indicator-based approach applied to the evaluation of growth-friendly fiscal reforms during 1975-2010. We find that in reform...
Persistent link: https://www.econbiz.de/10011704909
The aim of this paper is to analyze the dynamic effect of social and political instability on output. Using a panel of up to 183 countries from 1980 to 2010, the results of the paper suggest that social conflicts have a significant and negative impact on output in the short-term with the...
Persistent link: https://www.econbiz.de/10014395251
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In 2015, the World Bank embarked on a collaborative effort to understand and address the jobs challenge in Mindanao through the Mindanao Jobs Report (MJR). Good jobs - jobs that raise real income and lift people out of poverty - were needed for more than two million Mindanawons who were either...
Persistent link: https://www.econbiz.de/10012646548
The Philippines quarterly update provides an update on key economic developments and policies over the past three … months. It also presents findings from recent World Bank work on the Philippines. It places them in a longer-term and global … context, and assesses the implications of these developments and other changes in policy for the outlook for the Philippines …
Persistent link: https://www.econbiz.de/10012247409