for INCLUSIVE GROWTH

Source: Escobar, Pepe. “Disgraceful State.“Asia Times Online. 1 Oct. 2004. 24 Sep. 2013 <http://www.atimes.com/atimes/Southeast_Asia/FJ01Ae01.html>.

Source: Sharma, Ruchir. “The New Breakout Nations.“ Foreign Policy. 25 Nov. 2012. 15 Dec. 2013 <http://www.foreignpolicy.com/articles/2012/11/26/the_new_breakout_nations#sthash.i44WRjiR.dpbs>.

Ten years later…

Source: Storm Crypt via Compfight. Jan. 28, 2014. <http://www.flickr.com/photos/21366409@N00/4990523374/>.

Baa3

BBB-

BBB-

“Asia’s rising star”

BBB-

BBB-

Source: “Regional GDP Growth Rates.“ Rappler Online. 5 Sep. 2013. 15 Dec. 2013 <http://www.rappler.com/business/37575-philippines-gdp-growth-q2>.

That being said…

Tragedy struck in 2013

Unemployment is high

Source: “PH unemployment rises to 7.3% in July”. Rappler. 20 Sep. 2013. <http://www.rappler.com/business/economy-watch/38537-ph-unemployment-rises-to-7-3-in-july>.

2010 2012 2013

UNEMPLOYMENT RATE

7.3 7.0 7.1 UNDEREMPLOYMENT RATE

18.8 20.0 19.3

Source: Labor Force Survey, PSA

Poverty numbers remain unchanged

34.4

24.9 26.6 26.3 25.2

0

5

10

15

20

25

30

35

40

1991 2003 2006 2009 2012

Poverty incidence based on official poverty line

Source: Philippine Statistical Authority

Source: Amador, Julio III and Joycee Teodoro. “A United Region”. Rappler. 1 Jan. 2014. <http://www.rappler.com/world/specials/47239-asean-community-2015-overview>.

Photo: Tajen Sui. GK Enchanted Farm

Photo: Tajen Sui. GK Enchanted Farm

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