Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund. Fiscal Affairs Department, issuing body.
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| ISBN: | 1283553325
9781283553322
1451891628
9781451891621
9781451922196
1451922191
1462314767
9781462314768
1452758379
9781452758374
9786613865779
661386577X
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| ISSN: | 2227-8885
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| Notes: | "February 1998."
Includes bibliographical references (pages 26-27).
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2011.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2011 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | This paper examines the impact of fiscal and other economic policies on income distribution in the Philippines. Section II of the paper provides some details on the evolution of the distribution of income over time, and reviews some demographic information about families and individuals in the lower third of the distribution. Section III discusses some of the ways that past fiscal and macroeconomic policies have affected the distribution of income over time, as well as other characteristics of the economy that have tended to perpetuate the relatively uneven distribution of income in the Philippines. It, then, discusses some recent policy initiatives intended in part to improve the distribution of income. Section IV looks at how the distribution of income may have affected the formation of economic policy, paying particular attention to the role of oligarchies. Section V concludes.
Income distribution in the Philippines is highly uneven, and poverty rates are higher than in other ASEAN countries. In addition, although the poverty rate has declined over time, the rate of decline has been lower than in other countries, and income inequality has been persistent. These facts are due to historically slow economic growth, owing in part to poor policies, as well as to past failures to reduce structural impediments to a more equal distribution of income. Despite reforms in recent years, it will likely take some time to erase the effects of past policies.
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| Other form: | Print version: Gerson, Philip R. Poverty, income distribution, and economic policy in the Philippines. [Washington, D.C.] : International Monetary Fund, Fiscal Affairs Dept., 1998
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| Standard no.: | 10.5089/9781451891621.001
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