I have conducted extensive research on the needs of the country in question. Throughout the course of my research it has become clear that there can be many trends in the data and statistics of economic concerns of many countries. In order to better illustrate my point I have chosen to compare two different countries while observing one economic concern. I have decided to illustrate the concern of poverty in the economy of the Philippines and Canada. The Philippines is a country that has been destroyed by widespread poverty. The economic concerns in this country have multiplied in the past decade. There are many causes to the many problems and not enough effective reforms to rectify them. They currently have a population of …show more content…
The high crime and drug rates, the low education rates, the lack of knowledge of technological advancement, and the poor living conditions also play a large role in the high poverty level.
Table 1Poverty incidence in selected Asian countries1(percent) Years Annualreduction Firstyear Lastyear PhilippinesIndonesiaKoreaMalaysiaThailand 197194197090197090197387196288 0.72.00.91.61.4 5258233759 361951422 Sources: World Bank, 1996, and Philippines, National Statistical Coordination Board, 1996. 1Defined as proportion of families living below the poverty line.
A lot has been done to benefit the situation in the Philippines; however, few changes have actually been made. Industry is highly monopolized. Mismanagement caused the land to be unequally distributed. Reforms that were made had little progress. Income was highly monopolized as well. The 10% of the rich population got richer. There was a small attempt to redistribute the money, but the only people who seemed to benefit from this were the middle class. President Aquino made an effort to destroy the monopolies, boost the economy, and create more jobs for the lower class. She was only able to bust down the state protected monopolies and because her efforts failed, poverty continued to weigh heavily on the Philippines. Table 1 shows the slow rate in which the poverty level has improved in the past years. This can mainly be blamed
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Get AccessPoverty is a common social issue that has troubled nations for thousands of years. While nations like the United States of America have worked diligently to eradicate it domestically, it still widely exists.“According to the U.S. Citizen burow 47.6 million citizens living in poverty.With 20% of those households living in extreme poverty.”(PBS.org)
In Canada, the issue of immigration poverty is at its verge of time. Over the past decade, times have worsened the once thought to be a simple task of immigrating to a prosperous, foreign country like Canada. Has developed into a much more difficult task that few immigrants have the opportunity to pursue. The inflammation of price along with everyday necessities for a family to survive and thrive upon has become ever so challenging and scarce. Unfortunately, this has become the dire reality for many demoralized immigrants in Canada. Poverty in Canada is a very profound political issue for oncoming emigrants or new immigrants. The adverse effects of poverty within Canadian society has ceased the development of immigrants and imposed them on
A nation-wide social issue in contemporary Canadian society is relative poverty. Universal basic income (UBI), or ‘basic income’, is a model which aims to eliminate it. In this response, I will argue that UBI can reduce relative poverty in Canada. Subsequently, that the reduction of relative poverty will also improve both physical and mental health as well as diminish income discrimination in Canada. Since income inequality not only creates poverty but also is a social determinant of health. To accomplish this, I briefly outline the current state of Canadian poverty, the tenets of UBI, and the benefits that can stem from its establishment. Concludingly, discussing a measuring mechanism to ensure that the relative poverty is being resolved.
Poverty is a serious issue in Canada needs to be addressed promptly. Poverty is not simply about the lack of money an individual has; it is much more than that. The World Bank Organization defines poverty by stating that, “Poverty is hunger. Poverty is lack of shelter. Poverty is being sick and not being able to see a doctor. Poverty is not having access to school and not knowing how to read. Poverty is not having a job, is fear for the future, living one day at a time”. In Canada, 14.9 percent of Canada’s population has low income as Statistics Canada reports, which is roughly about two million of Canadians in poverty or on the verge of poverty. In addition, according to an UNICEF survey, 13.3 percent of Canadian children live in
Although Canada is a rich country there are still people who live in poverty, “In 2011, the government classified about 4.7 million men, women and children –– almost 15 percent of the Canadian population –– as poor” (Macionis, Janson, Benoit, & Burkowicz, 2017) but Canada calculates its poverty rate by “one popular measure known as the LICO, a family has an income below the low income cut-off of it spends more than 63 percent of its after-tax income on the necessities of food, clothing, and shelter, including corrections for different family sizes and the cost of living in particular communities.”
Absolute poverty measurements are based upon a worldwide standard. They measure if a person is too able to earn enough money to satisfy the basic needs of individuals . This formation therefore looks at deprivation since it looks to see if you have enough to survive. Additionally this standard is a worldwide standard of what it expected to be needed by individuals to survive. Thus the absolute poverty measuring is a more fixed and world standard of measuring poverty. The Canadian version of this measurement is the MBM. It defines poverty as anyone who has a yearly income below the market basement, the amount that is defined as the minimum needed to have the access to the most basic necessities of life . The basement though will change as newer technological advances are deemed necessary for basic living . In 1988 this poverty line the market basement was $20,230 for a four person family. This is “roughly half of the LICO… poverty line incomes”
Duffy and Mandell portray many themes around poverty in their article “poverty in Canada”, but there is one word that really symbolizes the main theme, and
According to Chapter 1 of the book "Poverty In Canada", poverty refers to conditions where people lack resources to attain proper diet, participate in community activities, and the living conditions in the society they live in. Poverty can be absolute where people do not have enough resources to survive, or relative where people are not able to participate in common daily activities. The groups who are most likely to experience poverty in Canada are Aboriginal Canadians, women, unattached adults, people of color, persons with disabilities, and recent immigrants to Canada. The reason many of these groups live in poverty is because they work low-wage occupations. For groups such as, people with disabilities, people receiving social assistance,
Poverty, by definition, means “the state or condition of having little or no money, goods, or means of support.” (Poverty Definition, n.d.) Although Canada is a prosperous country and holds a position as one of the top 20 richest countries in the world, poverty is still prevalent. The question poverty holds is; does poverty have a positive or negative impact in the Canadian society? Poverty is a significant discussion because it is a complex epidemic that has significant implications for the entire society as it affects thousands of families in Canada. Many Canadian families today face poverty due to the change of socio-economic trends, and/or other factors such as unemployment or low income, lack of education, divorces, drug addictions, and
Poverty is something we don’t typically associate with life in Canada, distancing ourselves from it as a problem that only occurs in the developing world. However, the truth is that we don’t need to look any further than our own province or city to see it.
The poverty issue has taken center stage in the social front owing to the impact it has on Canadian households as well as the tripartite level of government, that is Federal, Provincial and municipal government. This research paper will therefore assess the genesis of this social issue, the indicators established for proving its existence, the policies enacted and adapted towards its reduction in the country and also the role of the public in combating the challenge.
Another is that Filipinos have a culture of apathy and tend to use religion incorrectly and passively. People depend on religion and settle for what’s okay. In addition, the initial reaction of Filipinos to change is resistance, and this is why the country does not necessarily progress, or at least, progress at a continuous rate. Then, countries like Spain and Portugal only rode the “economic tiger” after “they realized that the only way to survive was change” (3.Y). Plus, according to another critic, the Philippines already had the experience of being under the parliamentary system during the time of Marcos which only resulted in a People Power Revolution. So why should the country bother going back to that? (4.Y)
The purpose of this review is to investigate the claims made by economists on why poverty is a reoccurring factor in developing areas, and whether or not that particular claim is indeed one of the reasons that these areas suffer from poverty. Poverty traps are one of the prominent factors in the reasoning behind poverty in developing areas; however, there are also many other supporting factors that reinforce poverty. Shepherd (2007) believes there is a point of equilibrium in
Under the new regime agriculture developed rapidly, commerce and trade soared to unprecedented levels, transportation and communication were modernized, banking and currency improved, the manufacturing industries were transformed. As compared with the Spanish era, economic progress of the Philippines during the American era forged ahead with great strides. (291)
This paper will discuss poverty, the different types of poverty and their definitions and who is affected by each type of poverty. It will look at the some of the major reasons why poverty exists and what causes poverty, like such things as inequality, stratification and international debt. Some of the impacts of poverty will also be analyzed from a national and global perspective; things like education, literacy rate, and crime. This paper will demonstrate that poverty affects almost everyone in some form or another and exists because those with power and wealth want and need poverty to exist to force a dependence on the wealthy. A few of the main