upper-middle income status

PH “upper middle-income status” is just a number and a fantasy

December 1, 2024

The measure of being an upper-middle income country refers to an average that completely obscures the conditions of the majority. UMIC doesn’t really mean development in its most important sense of the well-being of people.

PH upper middle income by end 2022?: Just a number – IBON

February 12, 2022

The “upper-middle income” country status that the Duterte government is hoping to achieve this year is just a number. Even if reached, this is an empty achievement amid the weakest economy and worst joblessness in decades and will just reflect the prosperity of an elite few.