By Dr. Fernando Aldaba
The Philippine Statistics Authority (PSA) announced that the poverty incidence among Filipino families in 2018 fell to 12.1 percent, lower than the estimated 17.9 percent in 2015. This is defined as the proportion of families whose income is below the poverty line to the total number of families. While this is indeed a great improvement, the percentage still translates to around 2.9 million poor families.
Recently, the concepts of universal basic income and basic income guarantee have been advocated by various individuals and sectors because of the increasing number of workers confronted by uncertainties and precarious […]
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