inequality
Gaining ground vs disaster vulnerability
January 3, 2021
No matter how bad things were last year, civic action kept our hopes high
Philippines’ 20 Richest Own More Wealth Than Poorest 62 Million
January 31, 2020
PH Economy Duterteriorating
August 29, 2018
IBON FEATURES – Stay the course, the country’s economic managers always insist. They will be the last to admit bad economic news because eternal sunshine is part of their job. Their recent spontaneous reactions against federalism are however more revealing. They are losing control of the economy as it is and they know the ill-conceived […]
Severe Income Inequality in the Philippines (2)
June 19, 2018
Aside from only a few super-rich families holding one half of total Filipino family income, there is a huge gap between how much majority of ordinary Filipino households earn monthly, and that of the country’s top earners. But government’s market-oriented policies tend to make the rich richer and the poor poorer, such as slapping more […]
Severe Income Inequality in the Philippines
May 20, 2018
Despite being relatively high compared to other Asian countries, Philippine economic growth is lopsided in the interest of a few at the expense of the majority of poor Filipinos. High levels of wealth are concentrated in the hands of a few, while family incomes have stagnated in real terms, especially amid rising prices.
UCTs only temporary
March 11, 2018
DOF said TRAIN will be ‘manageable’ since there would be unconditional cash transfers (UCT) for 10 million poor households. However, UCT is at Php200 per month in 2018 and 2019 then becomes Php300 per month in 2020. It is discontinued in 2021, when the poorest Filipino families will be confronted by markedly higher prices that […]
