Philippines : Fostering More Inclusive Growth
The main report is organized into three parts: part one provides the overall context by describing the level and evolution of poverty and inequality in the Philippines and by analyzing the factors that could be weakening the link between economic g...
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Format: | Report |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2017
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Online Access: | http://documents.worldbank.org/curated/en/451121468093578905/Philippines-Fostering-more-inclusive-growth-main-report http://hdl.handle.net/10986/27384 |
Summary: | The main report is organized into three
parts: part one provides the overall context by describing
the level and evolution of poverty and inequality in the
Philippines and by analyzing the factors that could be
weakening the link between economic growth and poverty
reduction. It also provides a brief profile of the poor.
Part two addresses the first strategic component for
fostering inclusive growth, which refers to the enhancement
of income opportunities and ensuring greater labor mobility
for the poor. It begins by reviewing recent economic
developments, with particular attention to employment
generation, and evaluates the potential of key economic
sectors to generate growth and productive employment. Part
two then turns to the related challenge of ensuring labor
mobility, identifying signs of labor market segmentation and
factors that may be responsible for labor market rigidities
which inhibit the fluid movement of workers toward the most
productive activities. Part three discusses the other main
component of fostering inclusive growth, which is to ensure
that workers and households are well-equipped to take
advantage of productive employment opportunities. It reviews
the current state of health, education, and social
protection in the Philippines and proposes measures for
strengthening social service delivery. |
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