Tag Archives: Corruption Perceptions Index

[In the news] EDITORIAL – Growth without development | The Philippine Star News Opinion

EDITORIAL – Growth without development | The Philippine Star News Opinion.

philstar.com

Economic managers of the previous administration, who took pride in the country’s economic performance despite unending political turbulence, acknowledged that the fruits of growth did not trickle down to the masses. They also acknowledged what many quarters have often pointed out: economic growth could not keep pace with population growth.

Last week a study prepared by the United Nations Development Program projected moderate economic growth of 5.2 percent this year for the Philippines — a slowdown from last year’s 7.3 percent that was pushed up in part by election spending. That 5.2 percent is nothing to sneeze at in this period of soaring food and fuel prices and continuing financial woes for other countries. But the UNDP said economic growth would not translate into development and could increase poverty.

Unveiling the results of the 2011 Economic and Social Survey of Asia and the Pacific, the director of UNDP in the Philippines, Renaud Meyer, said fairly stable economic growth in the country for the past decade has failed to make a significant dent in alleviating poverty. He attributed this in part to population growth, and called on the government to “immediately” implement a “rational population management policy.” Renaud also said Philippine economic growth has not been inclusive and, at worst, “increases poverty, benefiting few industries, few regions, and a few sectors of society.”

Read full article @ Philstar.com

[In the news] EDITORIAL – Climate change and corruption | The Philippine Star News Opinion

EDITORIAL – Climate change and corruption | The Philippine Star News Opinion.

Philstar.com

Here’s another reason to intensify efforts to fight corruption: the scourge that has derailed almost every major infrastructure project in this country and held back development efforts is also detrimental to climate change mitigation and adaptation measures, according to Transparency International.

In a report released last week, the global watchdog against corruption listed the Philippines among several countries most vulnerable to climate change, particularly its visible effects — drought, typhoons, rising sea levels and flooding. At the same time, the Philippines rated poorly in Transparency’s latest Corruption Perceptions Index, garnering a dismal score of 2.4 in terms of corruption risk on a scale of 0 to 10, with zero being the worst. Government effectiveness, meanwhile, was rated a middling 55.0.

Read full article @ Philstar.com (link above)