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Poverty in the Philippines is a complex issue influenced by various factors, including economic inequality, corruption, and inadequate access to education. The disparity in income across different regions and sectors creates significant barriers for many Filipinos, limiting their opportunities for upward mobility.
According to World Bank Country Director Motoo Konishi, the Philippines had become a "rising tiger" in East Asia. However, at the same time, during the 2010–2011 fiscal year, the increase in the wealth of the richest families in the Philippines, amounting to 47.39%, comprised 76.5% of the GDP increase for that year. [4]
Hunger has been linked to the spread of pagpag food and the food crisis in 2008 was said to be the cause in the rise of poverty in the Philippines. [14] The National Statistical Coordination Board recommended the administration of Philippine President Benigno Aquino III to reduce poverty. [14]
The Philippine Statistics Authority (PSA) said there were 17.54 million people living below the poverty line, a decrease of 2.4 million from the previous survey two years earlier. The government ...
The national poverty rate of the Philippines was estimated to be at 22.4% in early 2023. This was the share of the Population whose per capita income was not sufficient to meet the basic food and non-food needs.
Researchers have proposed that corruption and poor governance as among the causes of poverty in the Philippines. [5] The Philippines signed the United Nations Convention against Corruption on December 9, 2003, with the Senate ratifying the convention on November 6, 2006. In 2012, the Senate declared that National Anticorruption Day shall be ...
The causes of poverty may vary with respect to nation, region, and in comparison with other countries at the global level. Yet, there is a commonality amongst these causes. Yet, there is a commonality amongst these causes.
Research suggests that either poverty results in the creation of political dynasty or that these dynasties exacerbate bad governance and worsen poverty conditions. [28] Although the study found a correlation, this does not determine whether it is a causal relationship since poverty is multifaceted.