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                    [ArticleID] => 317384
                    [Title] => Growth
                    [Summary] => The Asian Development Bank says our economy should grow at a pace of between 7 percent and 8 percent to have any significant reduction in the poverty rates.


That is not about to happen. By most estimates, the Philippine economy will grow at 5 percent or maybe a bit less this year. Since our population grows at about 2.4 percent (one of the highest in the world), we will have net economic growth at roughly 2.6 percent.


Our rate of growth will fall woefully short of what is required to soak up poverty and bring down the level of misery in our society.


                    [DatePublished] => 2006-01-19 00:00:00
                    [ColumnID] => 134157
                    [Focus] => 0
                    [AuthorID] => 1804783
                    [AuthorName] => Alex Magno
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
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BILL EASTERLY

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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 317384
                    [Title] => Growth
                    [Summary] => The Asian Development Bank says our economy should grow at a pace of between 7 percent and 8 percent to have any significant reduction in the poverty rates.


That is not about to happen. By most estimates, the Philippine economy will grow at 5 percent or maybe a bit less this year. Since our population grows at about 2.4 percent (one of the highest in the world), we will have net economic growth at roughly 2.6 percent.


Our rate of growth will fall woefully short of what is required to soak up poverty and bring down the level of misery in our society.


                    [DatePublished] => 2006-01-19 00:00:00
                    [ColumnID] => 134157
                    [Focus] => 0
                    [AuthorID] => 1804783
                    [AuthorName] => Alex Magno
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
                )

        )

)

abtest

Growth

By FIRST PERSON | By Alex Magno | January 19, 2006 - 12:00am

The Asian Development Bank says our economy should grow at a pace of between 7 percent and 8 percent to have any significant reduction in the poverty rates. That is not about to happen. By most estimates, the Philippine...

Opinion