The Middle Class in the Philippines : An Exploration of the Conditions for Upward Mobility
A decade of rapid economic growth has supported upward mobility and the expansion of the middle class in the Philippines. While the Philippines’ record of economic growth has been sound, many East Asian countries have performed better, resulting in...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/557901593691283617/The-Middle-Class-in-the-Philippines-An-Exploration-of-the-Conditions-for-Upward-Mobility http://hdl.handle.net/10986/34099 |
| Summary: | A decade of rapid economic growth has
supported upward mobility and the expansion of the middle
class in the Philippines. While the Philippines’ record of
economic growth has been sound, many East Asian countries
have performed better, resulting in higher levels of
economic mobility and more rapid middle-class expansion.
This study aims to inform these efforts through an in-depth
examination of varying factors that affect upward mobility
and middle-class expansion in the Philippines. |
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