poverty
Duterte admin’s econ direction troubling, but peace talks may stir change?
January 18, 2017
While the unorthodox Pres. Rodrigo Duterte gained popular support due to its pro-poor pronouncements and promise of change, research group IBON said that the neoliberal economic agenda prevails as Duterte’s economic managers and other dominant groups push big business-biased/free market-oriented policies over people-centered reforms. Nevertheless, IBON also said that the ongoing peace negotiations between 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 […]
These issues and more at the IBON 2016 Yearend Birdtalk
January 2, 2017
Join us on January 13, 2017 1-5m for a discussion on these issues and more at the IBON Yearend 2016 Birdtalk! #WeLearnChange #EconomicsForFilipinos. – https://www.facebook.com/IbonFoundation/videos/10157987318205162/
EV agri neglected despite billions in Yolanda funds
November 28, 2016
As disaster survivors from Eastern Visayas converge in Manila to bare mounting poverty, hunger and injustice in the region, research group IBON said that the region’s agriculture and fisheries sector are slow to recover despite billions in available Yolanda funds. The group noted that while a significant number of people in Eastern Visayas depend on […]
Under Marcos dictatorship unemployment worsened, prices soared, poverty persisted
November 25, 2016
“The decade 1975-1986 was actually a time of intense social crisis and economic difficulty for most Filipinos. The unemployment rate was falling in the early years of the Marcos regime – from 7.1% in 1966 to 3.9% in 1975. But this reversed in the mid-1970s to rapidly rise back to 7.9% in 1980. The […]
Word-class bureaucrat capitalism under Marcos added to PH econ woes
November 24, 2016
“This narrative highlights the evils of dictatorship and abuse of power. But it falters in explaining why, over three decades after the end of the Marcos regime, the economy still remains so backward in the things that matter – job creation, poverty reduction, agricultural and industrial development, and policy sovereignty. “Bureaucrat capitalism under Marcos was […]
64% of Filipinos had trouble paying for electricity—IBON Survey
November 21, 2016
IBON’s latest survey showed that many Filipinos had trouble meeting expenses on electricity and water in the recent months. Asked how their family met expenses on electricity and water in the past three months, six of ten said they had trouble meeting electricity expenses while many said they had trouble meeting water expenses. Sixty-four percent […]
2015 poverty results no reason for complacency–IBON
October 27, 2016
While welcoming the reported decrease in official poverty incidence, research group IBON said that the multi-billion peso conditional cash transfer (CCT)-driven result is no reason for complacency. The official figure hopefully reflects improved welfare among tens of millions of the poorest Filipinos, IBON said, but the signs of structural poverty from economic backwardness remain. The […]
IBON Survey – 7 out of 10 Filipinos see themselves as poor
October 27, 2016
70.8% of respondents said they are poor According to research group IBON’s latest survey, the majority of Filipinos consider themselves poor. Asked what they can say about the situation of their families today, seven out of ten or 70.8% of respondents said they are poor. Only 25% said they are not poor, while the rest […]