Question

In: Economics

If you were to advise the President of the Philippines on how to cope with the...

If you were to advise the President of the Philippines on how to cope with the issues on poverty and unemployment to improve the lives of the people, what would you tell him and why?

Solutions

Expert Solution

To cope up with the issues on poverty and unemployment, as a president he should focus on monitoring the implemntation of the program that was funded. And also he should initiate and strengthen the livelihood programs for the people.

Poverty in the philippines  is more persistent than in other countries in south Asia. Consisting of 7,641 island , the Republic of the Philippines is a country located in the Western Pacific ocean. Despite a declining poverty rate in recent years, 21.6 percent of the population of country still live below the national poverty line.

Poverty is the state one who lacks a usual or socially acceptable amount of money or material possessions and is said to exist when people lack the means to statisfy their basic needs. In the most extreme form, it i s the lack of basic human needs, such as adequate and nutritiousfood, clothing,housing,clean water and health services. It can prevent people from realising many of their desires.

Reasons for poverty:

1. over population

2. The unequal distribution of resources in the world economy

3. Inability to meet high standards of living and costs of living.

4. Inadequate education and employment opportunities,

5. Environmental degradaion

6. Certain economic and demographic trends

7. Welfare incentives.

For reducing poverty he should overcome these above reasons. These are the main problems that a country experiencing poverty. INn most cases, the causes and effect of povety interact, so that what makes people also creates conditions that keep them poor.

The unemployment rate in the Philippines jumped to 10.0 percent in 2020 from 5.4 percent. With the worsening economic problem, several reasons why uneployment is high in the Philippines are ; Identified rapid population growth, lack of quality education and envirinmental factors.

There are millions of people needed jobs and only few can provided one. Overpopulation is one of the key factor in the growing unemployment in the Phillipines . The rapid increase in the population indirectly effected the consequence , more resource used up in private consumption such as food, clothing, sheltor and so on. In public consumption like drinking water, electrycity, medical and educational facilities. this has reduced the oppurtunities of diverting a larger propotion of incomes to savings and investment. Thus population growth has created obstacles in the way of growth of the economy and under developed the growth of job oppurtunities

And another cause of unemployment in the philippines may be klack of quality education with the increasing demand of the fast developing world. It is reallyt hard to find jobs when an individual is not a graduate of particular skill or profession . So as a president should provide adequate education for all individual.


Related Solutions

If you were an aide to President Obama (when he was president) or President Trump (you...
If you were an aide to President Obama (when he was president) or President Trump (you pick which president you want to advise), how would you advise him on the issue of approximately 12 million individuals who are in the United States without legal authorization. How would your advice affect the economy?
If you were appointed as President and CEO of a firm how would you implement a...
If you were appointed as President and CEO of a firm how would you implement a plan to have the company act ethically? How does one go about making a company ethical? Be specific and justify your approach.
Assume that you were hired by a government to advise it on the design of its...
Assume that you were hired by a government to advise it on the design of its tax system. Discuss some factors that would be relevant to the advice that you would give. In your answer, discuss how different desirable factors might tradeoff with each other. What empirical factors would you want to learn about since they would be crucial in affecting the advice that you would give?
How were Japan, South Korea, Taiwan and the Philippines an example of Truman’s policy of containment?
How were Japan, South Korea, Taiwan and the Philippines an example of Truman’s policy of containment?
Advise President Trump on a package of policies which will protect the environment and benefit the...
Advise President Trump on a package of policies which will protect the environment and benefit the groups that elected him. State your policies clearly Outline the short run impacts and include the national income identity with the long run effects .
If you were a globalization expert hired to advise a special committee in the United Nations...
If you were a globalization expert hired to advise a special committee in the United Nations which is charged with tackling the drug trafficking problem, what kind of advice would you give to them? Identify at least one global policy that would be effective in reducing drug trafficking, and one other policy that would not work as effectively. Explain briefly why the first would work but not the second. (Warning: the policy you will suggest has to be a "global...
If a nation were to attempt to restimulate its economy, would you advise the use of...
If a nation were to attempt to restimulate its economy, would you advise the use of Monetary or Fiscal Policy to do so? Why? What are the strengths of each? What are the drawbacks of each?
Imagine you were an advisor to the Governor of Massachusetts, Charlie Baker. What would you advise...
Imagine you were an advisor to the Governor of Massachusetts, Charlie Baker. What would you advise him to do to protect the health of the people of Massachusetts from COVID-19 and other potential contagions? How would you change the state-level COVID-19 response?
Generally, if you were a CPA, would you advise your client to enter into a like-kind...
Generally, if you were a CPA, would you advise your client to enter into a like-kind of exchange if they were looking to sell one piece of land and acquire another piece of land? Why? Why would you not suggest your client into a like-kind exchange? Give specific examples.
If the election were held today, who would you vote for President Trump or Vice President...
If the election were held today, who would you vote for President Trump or Vice President Biden? Why or why not? What is your #1 issue facing America today and which candidate do you believe will solve that issue for you? Do you believe the President's Trump handling of the Coronavirus outbreak will hurt or help him? I will like and give good feedback! Thank you!
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT