Tag: exclusive growth

Poor-quality work increased amid economic growth–IBON

May 16, 2018

First quarter economic growth this year did not translate to better jobs for Filipinos, research group IBON said. This means that despite government claims that the groundwork for reforms has been laid, growth has remained essentially exclusionary, generating jobs that are insecure and low-paying, said the group. Socio-Economic Planning Secretary Ernesto Pernia recently announced the […]

Meaningfully distribute income, wealth and assets

January 13, 2017

Growth is not felt by the poor majority. The wealth of the 10 richest Filipinos grew 220% within 2010-2015 while the real value of the average daily basic pay of wage and salary workers rose by just 5.3%. From 2015-2016, the net worth of the 40 richest Filipinos grew by almost 14% while the real […]

Amid growth: PH unemployment still worst in Asia–IBON

May 23, 2016

Research group IBON warned against overestimating the reported high election-boosted economic growth as a sign of economic success. Economic growth is important but should not be used to divert public attention from fundamental problems of chronic joblessness and poverty, the group said. The Philippine economy’s reported 6.9% growth in gross domestic product (GDP) in the […]

Hindi lumingon–a second look? The economics of the Duterte administration

May 14, 2016

by Sonny Africa IBON FEATURES – Presumptive president Rodrigo Duterte projected a vastly different image from the other presidential candidates and indeed from every national politician the Philippines has ever had: coarse, cussing, irreverent, misogynistic, an unrepentant human rights violator, and a self-proclaimed “Socialist” and “Leftist”. But, never mind, the strongman was effective and got […]