Why economic growth isn’t enough to solve the poverty problem | Inquirer Lifestyle

Why economic growth isn’t enough to solve the poverty problem

  • Mariano Patalinjug

    Yonkers, New York
    29 May 2015

    It is good to know that the incoming President of the United Nations General Assembly, Mogens Lykketoft, is set to launch “a broader set of ‘sustainable development goals'” to succeed the current 8 UN Millennium Development Goals which, I am afraid, have had limited success in combating Poverty.

    I do hope that the new set of goals will work better than those which they succeed. The Philippines has failed to meet those 8 Millennium Development Goals, unfortunately, which are set to terminate this year. President Aquino’s signature Anti-Poverty Program, the Conditional Cash Transfer Program, has not been such a smashing success, although he may already have spent the humongous sum of P200 billion for it in the last five years or so.

    Why widespread and chronic Poverty is so persistent in the Philippines, with some 30 million Filipinos stuck in the quagmire of poverty, living lives of extreme degradation and dehumanization, has dumbfounded and confounded the country’s leaders, and more so when under President Aquino the country’s GDP has been surging forward at an impressive average annual rate of 7 percent, which is one of the highest in Asia. Such a rate of GDP growth has been uniformly JOBLESS!

    Perhaps Pope Francis knows the answer. After his epochal January 15-19 visit to the Philippines, where he saw with his own merciful and compassionate eyes, how truly “poor” poor Filipino families where, he probably forgot that he was the Pope and simply spoke as a human being when “HE WARNED CATHOLICS NOT TO MULTIPLY LIKE RABBITS!”

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  • 10power2dn

    Aquino is a socialist thus the cash conditional prgramme. One to spread some wealth and direct intervention of those dying from poverty. Good President despite of opposition and insults.

  • maxxpineda

    Why economic growth isn’t enough to solve the poverty problem

    It’s really about the numbers. While there is economic growth, the population grows with it. And the one that grows faster are those in the low income sector.

  • Boc Cayo

    Corruption is the root cause. While Aquino and allies were prosecuting the corrupt in the opposition. They were not doing the same for their corrupt allies. They were also killing the FOI Bill so the corruption within the alliance can be kept secret from the public. These bad practices will be continued by Roxas.

    In contrast, Grace showed how impartial she is when combatting corrption. First, she got the FOI Bill passed in the senate. The FOI Bill makes the government transparent without selectivity. Secondly she recommended the filing of charges to the Ombudsman both Purisima and Binay who are identified with opposing camps.

  • klepto

    Bahagi kasi ng kulturang Pinoy ang pagnana kaw, di mapagkatiwalaan,
    walang respeto sa sarili, ma sahol na pag uugali, mayabang, bo bo, at
    pagiging ta nga.