UP Professor Tackles Poverty Reduction


Despite economic growth, there is persistent poverty in the Philippines. So points out Dr. Arsenio Balisacan in his presentation “Key Constraints to Poverty” during the LCF CSR Expo plenary “Pathways to Change” last July 14, 2010.


Dr. Balisacan presented data on and analyses on the current state of poverty in the Philippines. He emphasized that weak governance and a highly politicized but poorly coordinated and highly fragmented society contribute to the situation. At current expectations of medium-term economic growth, it is highly likely that the Philippines will miss the MDG on poverty by 2015, and it is also likely that we will be the only country that will miss achieving this goal. (see attached presentation after the article)

While poverty reduction in East Asia has made remarkable progress, the Philippines has not transformed growth to poverty reduction as the country has weak inclusive growth -- it suffers from uneven outcomes in its programs to reduce poverty and has made irregular progress in human development.


To create sustainable growth, there is a need to improve access for the poor and develop human capital to reduce poverty and sustain economic growth. Stakeholders should focus more on creating productive employment opportunities. The private sector could contribute to reducing poverty by investing to generate more jobs.

Dr. Balisacan calls to President Benigno Aquino III to pursue an inclusive development agenda, upgrade the quality of institutions, especially the bureaucracy,  to make it function to effectively reduce poverty, and strengthen a government marred by rampant corruption.

The LCF CSR Expo aims to provide corporate citizens with skills, knowledge, and relevant experience to increase their awareness and empowerment as they work to achieve enhanced goodwill in doing sustainable and relevant business with society. LCF is a network of over 70 operating and grant-making corporate foundations and corporations seeking to provide business solutions to social and environmental problems in the Philippines.