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Engendering development: the status of women in the Philippines

March 2, 2015

Women make up over half of our population. Their contribution to society has been incalculable, but disparities clearly remain between the fulfillment of their needs, on the one hand, and the services and protections afforded them by the state, on the other. Read the rest of this entry »

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What the middle class doesn’t understand about rich people

February 26, 2015

Few people in the middle class really understand the mindset of the richest people.

After all, if they did, they would be among the top earners as well. We’ve all heard the remarks: Rich people are lucky, rich people had an unfair advantage, rich people are crooks, rich people are selfish, etc. These are mostly empty statements with little proof to back them up. Read the rest of this entry »

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Why inequality threatens the Asian miracle

February 18, 2015

BANGKOK (ILO News) – Leaders around the world are talking about inequality. With the global economy still dragging there are growing fears that rising income disparities could hamper growth and reverse social progress. At the recent World Economic Forum in Davos, inequality was highlighted as the defining challenge for 2015. Here in the Asia-Pacific region, similar concerns are infiltrating the policy debate. Read the rest of this entry »

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OECD: changes must cut inequality, not just boost economic growth

February 9, 2015

At the opening of the G20 meeting, the thinktank says politicians must prioritise policies that share the gains of stronger growth

Politicians must focus on policies to ensure that stronger economic growth goes hand in hand with fairer distribution of the financial gains if they are to stem rising inequality, a leading economic thinktank has said. Read the rest of this entry »

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The meek shall not inherit the earth – gender equality and access to land

January 27, 2015

One of my favorite books when I was growing up in Fiji was Margaret Mitchell’s, Gone With The Wind. Of course, this tale of American Civil War era life on a Southern plantation was about as far removed from my Pacific islands reality as it is possible to get. But no matter how politically incorrect it was for an aspiring feminist, or indeed anyone that abhors slavery, I wanted all those crinolines and cotillions. Read the rest of this entry »

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The Global Economic Crisis and Gender Equality

January 25, 2015

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Twin peaks planet

January 1, 2015

In 2014, soaring inequality in advanced nations finally received the attention it deserved, as Thomas Piketty’s “Capital in the Twenty-First Century” became a surprise (and deserving) best seller. The usual suspects are still in well-paid denial, but, to everyone else, it is now obvious that income and wealth are more concentrated at the very top than they have been since the Gilded Age — and the trend shows no sign of letting up. Read the rest of this entry »

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Government spending and inclusive growth in developing asia

December 8, 2014

Publication Date
11-2014

Abstract
This paper assesses the effects of fiscal policy on both equity and growth, specifically whether it is possible to design fiscal spending so that it enhances equity without sacrificing economic growth and vice versa. A cross-country panel vector autoregression (PVAR) using the World Development Indicators confirms the growth effects of individual fiscal spending items as anticipated whereas distributional effects were either temporarily positive or negligible for most fiscal items. However, compared with Organisation for Economic Co-operation and Development members, spending on public health and public education appeared to alleviate income inequality significantly in the Asian Development Bank members. This implies that fiscal expenditure policies may contribute more to inclusive growth in developing economies than in advanced ones.

Comments
Suggested Citation
Hur, S. (2014). Government spending and inclusive growth in developing Asia. Manila: Asian Development Bank.
Required Publisher’s Statement
This article was first published by the Asian Development Bank (www.adb.org).

Digital copy here http://digitalcommons.ilr.cornell.edu/cgi/viewcontent.cgi?article=1415&context=intl

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The costs and benefits of Pantawid Pamilya

December 3, 2014

There is growing evidence showing positive outcomes for the government’s conditional cash transfer

The Pantawid Pamilyang Pilipino Program (4Ps), the government’s conditional cash transfer (CCT), has come into scrutiny by legislators with significant resources proposed for it next year. From P4 million in 2007 to support 6,000 households, the 2014 budget was P62.6 billion to assist 4 million households, and will even grow next year with the extension of support to children in high school. Read the rest of this entry »

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Wanted in the 2016 polls: A leader for sustained and inclusive growth

November 20, 2014

THERE is now a consensus among Filipino and foreign economists that the Philippines has shifted to a higher growth level of 6 percent to 6.5 percent. Ceteris paribus, or all other things being equal, we expect this trend path of the economy to continue for the next six to eight years, encompassing the period of the next administration. The chart below shows this trajectory to a higher level of growth for the Philippine economy. While we experienced a moderate economic expansion of 4.63 percent during the presidency of Gloria Macapagal-Arroyo, it was only recently (2010 to 2013) that the country experienced an average annual gross domestic product (GDP) growth of 6.12 percent. Read the rest of this entry »