The Impact Of The Global Financial Crisis On Poverty In The Philippines

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Executive Summary

The recent global financial and economic crisis which started in the United States and expanded to other developed countries has, to some extent, affected developing countries as well. Given the vulnerability of most developing countries, it is important to monitor the impact of this global crisis on poverty. This paper, therefore, aims to assess the impact of the crisis on poverty in the Philippines. The result of this paper would serve as inputs to policymakers in prioritizing mitigating measures that would address the impact of the crisis.

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