Philippines: Reverse the path
Published on Sat, 2016-07-09 08:22
While more than 26.3 percent or about 27 million Filipinos live in poverty, the benefits from growth are concentrated in the hands of few billionaire families, the less than 1 percent who dominate the political economy. Tax injustice is imbedded in the system and unregulated corporate activities harm people and the environment. The Philippines can reduce inequality by changing the economic geography. We can reverse the big city-oriented development by supporting the provincial and local economies. We can do this by shifting from conventional, fossil fuel-intensive farming to organic and sustainable agriculture and by changing the pattern of public expenditure so that adequate resources, and authority, too, are deliberately transferred from the rich regions to the poorer ones. Source: Philippines, National Report, Social Watch Report 2016. » |
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