Philippines - Development Policy Review : An Opportunity for Renewed Poverty Reduction

The Philippines regained a modest growth rate of 3.5 percent per annum for 1999-2001, but has not yet managed to reduce the incidence of poverty from its 1996 level. The Medium Term Philippine Development (MTPDP) growth targets of over 5 percent pe...

Full description

Bibliographic Details
Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ACCOUNTABILITY ADAPTATION AGRICULTURE ANTICORRUPTION AVERAGE GROWTH BALANCE OF PAYMENTS BANKING SECTOR BANKING SYSTEM BASIC EDUCATION CAPITAL FLOWS CAPITAL INFLOWS CAPITAL MARKETS CENTRAL BANK CORPORATE GOVERNANCE CRIME DEBT DECENTRALIZATION DEREGULATION DEVELOPMENT ASSISTANCE DEVELOPMENT EFFORTS DEVELOPMENT POLICY DISASTERS DOMESTIC SAVINGS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE EMPLOYMENT ENFORCEABILITY EXCHANGE RATE EXPENDITURES EXPORT GROWTH EXPORTS FAMILY PLANNING FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL SECTOR FORECASTS FUTURE RESEARCH GDP GNP GOVERNANCE DEFICIT GOVERNANCE ENVIRONMENT GOVERNANCE OUTCOMES GOVERNANCE REFORM GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT GROWTH PATH GROWTH RATE GROWTH RATES HEALTH CARE HEALTH INDICATORS HEALTH SERVICES HOSPITALS HUMAN CAPITAL HUMAN RESOURCE IMMUNIZATION IMPEACHMENT PROCEEDINGS IMPORTS IMPROVING GOVERNANCE INCOME INCREASED INVESTMENT INFANT MORTALITY INFLATION INFLATION RATE INFLATIONARY PRESSURES INSURANCE INTEREST RATES INTERNATIONAL DEVELOPMENT INTERVENTION INVESTMENT CLIMATE JUDICIAL REFORM LABOR FORCE LAND REFORM LEGISLATION LIQUIDITY LONG-RUN GROWTH MACROECONOMIC STABILITY MARKET ECONOMIES MEDIUM TERM MONETARY POLICY MORBIDITY NATIONAL ACCOUNTS OIL OIL PRICES OPPORTUNITY COSTS POLICY AREAS POLICY DISCUSSION POLICY ISSUES POLICY REFORMS POLITICAL ECONOMY POLITICAL LEADERSHIP POOR HOUSEHOLDS POPULATION GROWTH POVERTY GAP POVERTY LINES POVERTY OUTCOMES POVERTY REDUCTION PREGNANCY PRIMARY SCHOOL PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRODUCTIVE ASSETS PRODUCTIVITY PROPERTY RIGHTS PUBLIC EXPENDITURE PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR PERFORMANCE PUPILS RAPID GROWTH REFORM EFFORTS RESERVE REQUIREMENTS RULE OF LAW RURAL INFRASTRUCTURE SAVINGS SECTOR ACTIVITIES SECTOR REFORMS SECURITIES SERVICE DELIVERY SOCIAL PROTECTION SOCIAL SECURITY SQUARED POVERTY GAP TECHNICAL ASSISTANCE TRADE BALANCE TRANSPARENCY UNEMPLOYMENT UNEMPLOYMENT RATE VALUE ADDED WAGES WORKERS WORLD TRADE ORGANIZATION WTO DEVELOPMENT POLICY MEDIUM TERM PLANS GOVERNANCE FINANCIAL SECTOR REFORM INSOLVENCY RURAL DEVELOPMENT SOCIAL PROTECTION SYSTEMS POPULATION INCREASE FISCAL MANAGEMENT ACCOUNTING SYSTEMS SOCIAL SERVICES
Online Access:	http://documents.worldbank.org/curated/en/2002/02/1713320/philippines-development-policy-review-opportunity-renewed-poverty-reduction http://hdl.handle.net/10986/15441

id	okr-10986-15441
recordtype	oai_dc
spelling	okr-10986-154412021-04-23T14:03:14Z Philippines - Development Policy Review : An Opportunity for Renewed Poverty Reduction World Bank ACCOUNTABILITY ADAPTATION AGRICULTURE ANTICORRUPTION AVERAGE GROWTH BALANCE OF PAYMENTS BANKING SECTOR BANKING SYSTEM BASIC EDUCATION CAPITAL FLOWS CAPITAL INFLOWS CAPITAL MARKETS CENTRAL BANK CORPORATE GOVERNANCE CRIME DEBT DECENTRALIZATION DEREGULATION DEVELOPMENT ASSISTANCE DEVELOPMENT EFFORTS DEVELOPMENT POLICY DISASTERS DOMESTIC SAVINGS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE EMPLOYMENT ENFORCEABILITY EXCHANGE RATE EXPENDITURES EXPORT GROWTH EXPORTS FAMILY PLANNING FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL SECTOR FORECASTS FUTURE RESEARCH GDP GNP GOVERNANCE DEFICIT GOVERNANCE ENVIRONMENT GOVERNANCE OUTCOMES GOVERNANCE REFORM GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT GROWTH PATH GROWTH RATE GROWTH RATES HEALTH CARE HEALTH INDICATORS HEALTH SERVICES HOSPITALS HUMAN CAPITAL HUMAN RESOURCE IMMUNIZATION IMPEACHMENT PROCEEDINGS IMPORTS IMPROVING GOVERNANCE INCOME INCREASED INVESTMENT INFANT MORTALITY INFLATION INFLATION RATE INFLATIONARY PRESSURES INSURANCE INTEREST RATES INTERNATIONAL DEVELOPMENT INTERVENTION INVESTMENT CLIMATE JUDICIAL REFORM LABOR FORCE LAND REFORM LEGISLATION LIQUIDITY LONG-RUN GROWTH MACROECONOMIC STABILITY MARKET ECONOMIES MEDIUM TERM MONETARY POLICY MORBIDITY NATIONAL ACCOUNTS OIL OIL PRICES OPPORTUNITY COSTS POLICY AREAS POLICY DISCUSSION POLICY ISSUES POLICY REFORMS POLITICAL ECONOMY POLITICAL LEADERSHIP POOR HOUSEHOLDS POPULATION GROWTH POVERTY GAP POVERTY LINES POVERTY OUTCOMES POVERTY REDUCTION PREGNANCY PRIMARY SCHOOL PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRODUCTIVE ASSETS PRODUCTIVITY PROPERTY RIGHTS PUBLIC EXPENDITURE PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR PERFORMANCE PUPILS RAPID GROWTH REFORM EFFORTS RESERVE REQUIREMENTS RULE OF LAW RURAL INFRASTRUCTURE SAVINGS SECTOR ACTIVITIES SECTOR REFORMS SECURITIES SERVICE DELIVERY SOCIAL PROTECTION SOCIAL SECURITY SQUARED POVERTY GAP TECHNICAL ASSISTANCE TRADE BALANCE TRANSPARENCY UNEMPLOYMENT UNEMPLOYMENT RATE VALUE ADDED WAGES WORKERS WORLD TRADE ORGANIZATION WTO DEVELOPMENT POLICY MEDIUM TERM PLANS POVERTY REDUCTION PRIVATE SECTOR DEVELOPMENT GOVERNANCE FINANCIAL SECTOR REFORM JUDICIAL REFORM PROPERTY RIGHTS INSOLVENCY RURAL DEVELOPMENT CORPORATE GOVERNANCE SOCIAL PROTECTION SYSTEMS POPULATION INCREASE FISCAL MANAGEMENT ACCOUNTING SYSTEMS SOCIAL SERVICES The Philippines regained a modest growth rate of 3.5 percent per annum for 1999-2001, but has not yet managed to reduce the incidence of poverty from its 1996 level. The Medium Term Philippine Development (MTPDP) growth targets of over 5 percent per year are attainable, but only if the key building blocks for sustained growth - an environment conducive to increased investment and productivity within both private and public sectors - are firmly in place. And it must complement this higher growth with increased equity to achieve the desired rapid reduction in poverty. The report identifies priority issues in five critical areas: 1) continue to strengthen fiscal management; 2) improve governance and public sector functioning; 3) strengthen private sector development; 4) strengthen and deepen the financial sector; 5) empower and protect the poor. None of these five areas is sufficient by itself to achieve the desired growth with equity. But they are each necessary and together they form an integrated set of initiatives. 2013-08-28T19:50:59Z 2013-08-28T19:50:59Z 2002-02-22 http://documents.worldbank.org/curated/en/2002/02/1713320/philippines-development-policy-review-opportunity-renewed-poverty-reduction http://hdl.handle.net/10986/15441 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC East Asia and Pacific Philippines
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCOUNTABILITY ADAPTATION AGRICULTURE ANTICORRUPTION AVERAGE GROWTH BALANCE OF PAYMENTS BANKING SECTOR BANKING SYSTEM BASIC EDUCATION CAPITAL FLOWS CAPITAL INFLOWS CAPITAL MARKETS CENTRAL BANK CORPORATE GOVERNANCE CRIME DEBT DECENTRALIZATION DEREGULATION DEVELOPMENT ASSISTANCE DEVELOPMENT EFFORTS DEVELOPMENT POLICY DISASTERS DOMESTIC SAVINGS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE EMPLOYMENT ENFORCEABILITY EXCHANGE RATE EXPENDITURES EXPORT GROWTH EXPORTS FAMILY PLANNING FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL SECTOR FORECASTS FUTURE RESEARCH GDP GNP GOVERNANCE DEFICIT GOVERNANCE ENVIRONMENT GOVERNANCE OUTCOMES GOVERNANCE REFORM GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT GROWTH PATH GROWTH RATE GROWTH RATES HEALTH CARE HEALTH INDICATORS HEALTH SERVICES HOSPITALS HUMAN CAPITAL HUMAN RESOURCE IMMUNIZATION IMPEACHMENT PROCEEDINGS IMPORTS IMPROVING GOVERNANCE INCOME INCREASED INVESTMENT INFANT MORTALITY INFLATION INFLATION RATE INFLATIONARY PRESSURES INSURANCE INTEREST RATES INTERNATIONAL DEVELOPMENT INTERVENTION INVESTMENT CLIMATE JUDICIAL REFORM LABOR FORCE LAND REFORM LEGISLATION LIQUIDITY LONG-RUN GROWTH MACROECONOMIC STABILITY MARKET ECONOMIES MEDIUM TERM MONETARY POLICY MORBIDITY NATIONAL ACCOUNTS OIL OIL PRICES OPPORTUNITY COSTS POLICY AREAS POLICY DISCUSSION POLICY ISSUES POLICY REFORMS POLITICAL ECONOMY POLITICAL LEADERSHIP POOR HOUSEHOLDS POPULATION GROWTH POVERTY GAP POVERTY LINES POVERTY OUTCOMES POVERTY REDUCTION PREGNANCY PRIMARY SCHOOL PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRODUCTIVE ASSETS PRODUCTIVITY PROPERTY RIGHTS PUBLIC EXPENDITURE PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR PERFORMANCE PUPILS RAPID GROWTH REFORM EFFORTS RESERVE REQUIREMENTS RULE OF LAW RURAL INFRASTRUCTURE SAVINGS SECTOR ACTIVITIES SECTOR REFORMS SECURITIES SERVICE DELIVERY SOCIAL PROTECTION SOCIAL SECURITY SQUARED POVERTY GAP TECHNICAL ASSISTANCE TRADE BALANCE TRANSPARENCY UNEMPLOYMENT UNEMPLOYMENT RATE VALUE ADDED WAGES WORKERS WORLD TRADE ORGANIZATION WTO DEVELOPMENT POLICY MEDIUM TERM PLANS POVERTY REDUCTION PRIVATE SECTOR DEVELOPMENT GOVERNANCE FINANCIAL SECTOR REFORM JUDICIAL REFORM PROPERTY RIGHTS INSOLVENCY RURAL DEVELOPMENT CORPORATE GOVERNANCE SOCIAL PROTECTION SYSTEMS POPULATION INCREASE FISCAL MANAGEMENT ACCOUNTING SYSTEMS SOCIAL SERVICES
spellingShingle	ACCOUNTABILITY ADAPTATION AGRICULTURE ANTICORRUPTION AVERAGE GROWTH BALANCE OF PAYMENTS BANKING SECTOR BANKING SYSTEM BASIC EDUCATION CAPITAL FLOWS CAPITAL INFLOWS CAPITAL MARKETS CENTRAL BANK CORPORATE GOVERNANCE CRIME DEBT DECENTRALIZATION DEREGULATION DEVELOPMENT ASSISTANCE DEVELOPMENT EFFORTS DEVELOPMENT POLICY DISASTERS DOMESTIC SAVINGS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE EMPLOYMENT ENFORCEABILITY EXCHANGE RATE EXPENDITURES EXPORT GROWTH EXPORTS FAMILY PLANNING FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL SECTOR FORECASTS FUTURE RESEARCH GDP GNP GOVERNANCE DEFICIT GOVERNANCE ENVIRONMENT GOVERNANCE OUTCOMES GOVERNANCE REFORM GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT GROWTH PATH GROWTH RATE GROWTH RATES HEALTH CARE HEALTH INDICATORS HEALTH SERVICES HOSPITALS HUMAN CAPITAL HUMAN RESOURCE IMMUNIZATION IMPEACHMENT PROCEEDINGS IMPORTS IMPROVING GOVERNANCE INCOME INCREASED INVESTMENT INFANT MORTALITY INFLATION INFLATION RATE INFLATIONARY PRESSURES INSURANCE INTEREST RATES INTERNATIONAL DEVELOPMENT INTERVENTION INVESTMENT CLIMATE JUDICIAL REFORM LABOR FORCE LAND REFORM LEGISLATION LIQUIDITY LONG-RUN GROWTH MACROECONOMIC STABILITY MARKET ECONOMIES MEDIUM TERM MONETARY POLICY MORBIDITY NATIONAL ACCOUNTS OIL OIL PRICES OPPORTUNITY COSTS POLICY AREAS POLICY DISCUSSION POLICY ISSUES POLICY REFORMS POLITICAL ECONOMY POLITICAL LEADERSHIP POOR HOUSEHOLDS POPULATION GROWTH POVERTY GAP POVERTY LINES POVERTY OUTCOMES POVERTY REDUCTION PREGNANCY PRIMARY SCHOOL PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRODUCTIVE ASSETS PRODUCTIVITY PROPERTY RIGHTS PUBLIC EXPENDITURE PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR PERFORMANCE PUPILS RAPID GROWTH REFORM EFFORTS RESERVE REQUIREMENTS RULE OF LAW RURAL INFRASTRUCTURE SAVINGS SECTOR ACTIVITIES SECTOR REFORMS SECURITIES SERVICE DELIVERY SOCIAL PROTECTION SOCIAL SECURITY SQUARED POVERTY GAP TECHNICAL ASSISTANCE TRADE BALANCE TRANSPARENCY UNEMPLOYMENT UNEMPLOYMENT RATE VALUE ADDED WAGES WORKERS WORLD TRADE ORGANIZATION WTO DEVELOPMENT POLICY MEDIUM TERM PLANS POVERTY REDUCTION PRIVATE SECTOR DEVELOPMENT GOVERNANCE FINANCIAL SECTOR REFORM JUDICIAL REFORM PROPERTY RIGHTS INSOLVENCY RURAL DEVELOPMENT CORPORATE GOVERNANCE SOCIAL PROTECTION SYSTEMS POPULATION INCREASE FISCAL MANAGEMENT ACCOUNTING SYSTEMS SOCIAL SERVICES World Bank Philippines - Development Policy Review : An Opportunity for Renewed Poverty Reduction
geographic_facet	East Asia and Pacific Philippines
description	The Philippines regained a modest growth rate of 3.5 percent per annum for 1999-2001, but has not yet managed to reduce the incidence of poverty from its 1996 level. The Medium Term Philippine Development (MTPDP) growth targets of over 5 percent per year are attainable, but only if the key building blocks for sustained growth - an environment conducive to increased investment and productivity within both private and public sectors - are firmly in place. And it must complement this higher growth with increased equity to achieve the desired rapid reduction in poverty. The report identifies priority issues in five critical areas: 1) continue to strengthen fiscal management; 2) improve governance and public sector functioning; 3) strengthen private sector development; 4) strengthen and deepen the financial sector; 5) empower and protect the poor. None of these five areas is sufficient by itself to achieve the desired growth with equity. But they are each necessary and together they form an integrated set of initiatives.
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Philippines - Development Policy Review : An Opportunity for Renewed Poverty Reduction
title_short	Philippines - Development Policy Review : An Opportunity for Renewed Poverty Reduction
title_full	Philippines - Development Policy Review : An Opportunity for Renewed Poverty Reduction
title_fullStr	Philippines - Development Policy Review : An Opportunity for Renewed Poverty Reduction
title_full_unstemmed	Philippines - Development Policy Review : An Opportunity for Renewed Poverty Reduction
title_sort	philippines - development policy review : an opportunity for renewed poverty reduction
publisher	Washington, DC
publishDate	2013
url	http://documents.worldbank.org/curated/en/2002/02/1713320/philippines-development-policy-review-opportunity-renewed-poverty-reduction http://hdl.handle.net/10986/15441
_version_	1764426941823188992

Philippines - Development Policy Review : An Opportunity for Renewed Poverty Reduction

Similar Items