JEL Classification System
D63, I32
Abstract
Poverty has persistently badgered the Philippines and alleviating it has been the fundamental thrust of government. However, this was hampered by the recent pandemic resulting in economic contraction plunging many Filipino households into poverty and widening inequality. Bootstrapping the economy is needed to fast-track recovery through resumption of innovative reforms vital to pursue a higher growth path that will accelerate poverty reduction. To do this, it is necessary to understand where the Philippines stands, using household data. Without updated measures and well-informed national and regional profiles on living standards, poverty reduction is bleak, as programs to facilitate it remain to be ineffective. We contribute to addressing these constraints by estimating metrics that will aid interregional comparisons, give directions to policy formulation, and assess whether the country is winning the war on poverty.
Recommended Citation
Rivera, John Paolo R.
(2021)
"Winning the War on Poverty: Tracking Living Standards in the Philippines Using a Class of Axiomatic Indices,"
DLSU Business & Economics Review: Vol. 30:
No.
2, Article 7.
DOI: https://doi.org/10.59588/2243-786X.1106
Available at:
https://animorepository.dlsu.edu.ph/ber/vol30/iss2/7
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