Tag: GNI per capita
Upper middle-income, Lower-end reality
Hulyo 6, 2026
The UMIC overhype shows how the government’s presentation of the economy gives disproportionate emphasis to a favorable statistical reclassification while giving comparatively little attention to the country’s persistent structural weaknesses.
PH is upper middle-income, Filipinos aren’t
Hulyo 5, 2026
The World Bank’s UMIC label should not be mistaken for proof that the country has achieved genuine development.
PH “upper middle-income status” is just a number and a fantasy
Disyembre 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.