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Tag: Income Inequality

Globalization and Philippine Economy

The Impact of Globalization on the Philippine Economy

Posted on 28 March 202528 March 2025 by R.M.C.Ablir

Globalization, the intricate web of interconnectedness binding nations through trade, investment, technology, and culture, has profoundly reshaped the world. For developing nations like the Philippines, this phenomenon has been a double-edged sword, presenting immense opportunities alongside significant challenges. Understanding the Impact of Globalization on the Philippine Economy is crucial for navigating its complexities and charting…

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poverty and inequality in the Philippines

The Challenges of Poverty and Inequality in the Philippines

Posted on 13 February 202514 February 2025 by R.M.C.Ablir

Poverty and inequality remain pressing issues in the Philippines, affecting millions of lives. While progress has been made, with poverty rates falling from 49.2% in 1985 to 16.7% in 2018, the situation remains complex. The COVID-19 pandemic further exacerbated these problems, pushing the national poverty rate to 18.1% in 2021. Life in the Philippines is…

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