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Tag: poverty elasticity of growth

The myth of ‘inclusive growth’ in the Philippines and why GDP alone does not matter

Posted on May 25, 2014May 25, 2014 By Libertas 22 Comments on The myth of ‘inclusive growth’ in the Philippines and why GDP alone does not matter
The myth of ‘inclusive growth’ in the Philippines and why GDP alone does not matter

Why is there no inclusive growth in the Philippines? The critical component and measurement which goes a long way in explaining why no progress is being made, and inclusive growth remains only the ‘in’ slogan/mantra of the year is the Poverty Elasticity of Growth or PEG (the multiplier effect of percent growth to percent poverty…

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