Thursday, July 03, 2014

Causes of Poverty in the Philippines

The main causes of poverty in the Philippines include the following: • low to moderate economic growth for the past 40 years; • low growth elasticity of poverty reduction; • weakness in employment generation and the quality of jobs generated; • failure to fully develop the agriculture sector; • high inflation during crisis periods; • high levels of population growth; • high and persistent levels of inequality (incomes and assets), which dampen the positive impacts of economic expansion; and • recurrent shocks and exposure to risks such as economic crisis, conflicts, natural disasters,and “environmental poverty.” Notice there is no mention of poverty of the worst kind in the Philippines - the poverty of mind and heart. - It comes from schools, colleges, and universities. Such Christian enterprises continue to teach millions of Filipinos to believe that: "it is easier for a camel to enter through the eye of a needle than for a rich man to enter the kingdom of God;" "Blessed are the poor in spirit, for theirs is the kingdom of heaven;" "what does it profit a man if he gains the whole world but loses in the end his soul." "Ask and it will be given to you; seek and you will find; knock and the door will be opened to you." And yes, listen to what our congressmen and senators love mostly about the Lord Jesus, our Savior. He told the thief on the cross, “Truly I tell you, today you will be with me in Paradise.” (Luke 23:43). . . Poch Suzara Twitter# facebook# Google#

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