IF THE ECONOMY IS STRONGER
WHY ARE FILIPINOS POORER?
the lack of professional management capacity in rural areas for farmers and fishermen.
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lack of investments due to low or no return on investments
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lack of supporting infrastructure and technology due to low investments
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the baselines
households
Monthly income (about Php 292 daily or USD 6 for a family of five) of Filipinos below the poverty threshold. (PSA)
php 8,778
25.8%
Percent of Filipinos remain below the
threshold, despite 6.4% GDP GROWTH sustained for several years.
local industries
70%
of Rural Poor are Farmers and Fisherfolk (PSA)
people
Ours has become a nation of overseas foreign workers. At least 6,092 Filipinos leave their homeland each day to find work. (PSA)
6,092 leave each day
or 1.8 million per year
the ecosystem
6%
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The Philippines has been consuming natural resources than what is available within its own boarders - a trend which has been growing since the 1960's. (Global Footprint Network)
our farmers
age
daily wage
education
57
Php 270
Grade 5
6,000 Filipinos a day look for opportunities in other countries due to lack of jobs at home,
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10% of our GDP are remittances from overseas workers
We consume resources faster than nature can provide
THE CHALLENGES
62%
of Filipinos not connected to the internet (McKinsey & Company)
8%
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FOOTPRINT
0.46%
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of Philippine forest cover remain in good condition (DENR-FMB)
of coral reefs in the Philippines remain intact. (UP-MSI)
Gini coefficient of the Philippines since 1985 which indicates high levels of inequality (IMF). (A coefficient closer to 1 means equitable distribution of wealth.)