The Philippine economy and poverty during the global economic crisis

Arbeitspapier

Anecdotal evidence permeates accounts on the impact of the global economic crisis (GEC) on Philippine poverty. This study systematically assesses the evidence and recent data. It adopts a somewhat eclectic approach, applying regression and decomposition techniques to trace the GEC impact on GDP and its major components, constructing panel data from nationally representative household surveys to trace the changes in household welfare during the crisis, and combining national income accounts and household survey data to simulate the differential effects of the crisis across population groups and social divides. Empirical findings suggest that although the Philippine economy did not slide to recession during the GEC, the impact of the crisis on the economy and poverty across population groups was nonetheless severe - and may linger for many years to come.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: UPSE Discussion Paper ; No. 2010,08

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance ; Economywide Country Studies: Asia including Middle East
• Thema: Poverty ; economic growth ; global economic crisis ; Philippines ; Armut ; Wirtschaftswachstum ; Finanzmarktkrise ; Weltkonjunktur ; Makroökonomischer Einfluss ; Philippinen

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Balisacan, Arsenio ; Piza, Sharon ; Mapa, Dennis Claire S. ; Abad Santos, Carlos ; Odra, Donna
• Ereignis: Veröffentlichung
• (wer): University of the Philippines, School of Economics (UPSE)
• (wo): Quezon City
• (wann): 2010

Weitere Informationen

• Handle: http://hdl.handle.net/10419/46662
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ