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Nov 24, 2022 · The report says that policy priorities to reduce inequality in the Philippines can be structured around three themes, including healing the pandemic’s scars and building resilience, setting the stage for a vibrant and inclusive recovery, and promoting greater equality of opportunity.
Sep 20, 2023 · In a 2022 report by the World Bank, the Philippines ranked 15th out of 63 countries in income inequality. The top 1% of income earners contributed 17% of the national income, while the bottom 50% only captured 14%. Additionally, the nation has one of the highest income inequality rates in East Asia.
Nov 24, 2022 · The Philippines has made significant progress in reducing poverty, but income inequality has only recently begun to fall. Thanks to high growth rates and structural transformation, between 1985 and 2018 poverty fell by two-thirds.
The report we are discussing today examines the patterns of poverty and inequality in the Philippines and how the pandemic may affect their trends. The report aims to answer three questions: how did poverty and inequality change over the past three decades and what drove these changes?
May 30, 2023 · The SECOND INCONVENIENT TRUTH is that the Philippines has the most unequal distribution of income among the ASEAN-5, as measured by the Gini coefficient (where 0 is most equal, and 1 the most...
Nov 24, 2022 · Income inequality remains high • Despite this progress, inequality remains high: •With an income Gini of 42.3 percent in 2018, the Philippines ranks as the 15th most unequal out 63 countries*, second only to Thailand in East Asia •Over half of workers with only elementary education or less are employed in agriculture
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Policy can reduce inequality by supporting employment and workers, improving education access and quality, promoting inclusive rural development, strengthening social protection mechanisms, and addressing inequality of opportunity.
