Podcast
Questions and Answers
The process of improving the quality of all human lives and capabilities by raising people’s levels of living, self-esteem, and freedom is called ______.
The process of improving the quality of all human lives and capabilities by raising people’s levels of living, self-esteem, and freedom is called ______.
development
According to de Janvry and Sadoulet, development is about the enhancement of human ______.
According to de Janvry and Sadoulet, development is about the enhancement of human ______.
wellbeing
The most significant and accepted method development and wellbeing are thought is through the Sustainable Development ______ (SDGs).
The most significant and accepted method development and wellbeing are thought is through the Sustainable Development ______ (SDGs).
Goals
The Philippine-specific plan for development is called AmBisyon Natin ______.
The Philippine-specific plan for development is called AmBisyon Natin ______.
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By 2040, the vision is that Filipinos will enjoy a strongly rooted, comfortable, and ______ life.
By 2040, the vision is that Filipinos will enjoy a strongly rooted, comfortable, and ______ life.
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AmBisyon Natin 2040 envisions Filipinos living in a predominantly ______ class society.
AmBisyon Natin 2040 envisions Filipinos living in a predominantly ______ class society.
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One of the goals of AmBisyon Natin 2040 is for Filipinos to live a long and ______ life.
One of the goals of AmBisyon Natin 2040 is for Filipinos to live a long and ______ life.
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The PDP 2023-2028 seeks continued digital transformation of the ______.
The PDP 2023-2028 seeks continued digital transformation of the ______.
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The PDP 2023-2028 seeks to build up the services sector through inter-sectoral ______.
The PDP 2023-2028 seeks to build up the services sector through inter-sectoral ______.
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The PDP 2023-2028 aims for innovation at the heart of job and ______ development.
The PDP 2023-2028 aims for innovation at the heart of job and ______ development.
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The poverty incidence in the Philippines is targeted to be at ______% by 2028.
The poverty incidence in the Philippines is targeted to be at ______% by 2028.
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The target for unemployment is ______% to 5.0% by 2028.
The target for unemployment is ______% to 5.0% by 2028.
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The government deficit to GDP is targeted to be at ______% by 2028.
The government deficit to GDP is targeted to be at ______% by 2028.
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Study Notes
Defining Development
- Development is the process of improving the quality of all human lives and capabilities by raising people's standards of living, self-esteem, and freedom.
- It's about enhancing human wellbeing.
- Wellbeing is a multifaceted concept, implying trade-offs and involving personal and national choices. It reflects social needs and aspirations, varying by individual, group, class, or nation.
Sustainable Development Goals (SDGs)
- Globally recognized as a crucial framework for development are the 17 Sustainable Development Goals (SDGs).
- They consist of 169 targets and 232 indicators.
Philippine-Specific Development Plans
- AmBisyon Natin 2040 aims to create a better life for all Filipinos by 2040, characterized by stability, comfort, and security.
- Key elements of AmBisyon Natin 2040 include achieving Matatag (strong), Maginhawa (comfortable), and Panatag (secure) lives, ensuring Filipinos have secure livelihoods, access to resources, and peace and security, and encouraging a high degree of trust and innovation in society.
- The Philippine Development Plan (PDP) 2023-2028 outlines specific strategies and targets for achieving this vision, addressing issues such as economic growth, poverty reduction, and development in various sectors.
PDP 2023-2028: Transformation
- The plan emphasizes digitization, servification, dynamic innovation, enhanced connectivity, and greater collaboration between different levels of government.
- Key goals include continued digital transformation of government, building up the services sector through inter-sectoral linkages, fostering innovation at the heart of job and industrial development, improving physical and digital infrastructure connections, strengthening collaboration between local and national governments, preparing local government units to provide frontline services, optimizing public-private partnerships, and closing the digital divide.
PDP 2023-2028: Target Outcomes
- Aims for 6.0% to 7.0% GDP growth in 2023 and 6.5% to 8.0% from 2024-2028, and targets the top 33 percent in the Global Innovation Index.
- Targets unemployment of 4.0% to 5.0% by 2028 and increased private employment to 53% to 55%.
- Key poverty reduction targets include an incidence rate of 9.0% by 2028, with inflation within 2.0% to 4.0%, and subsistence levels between 2.5% and 3.5%.
- The plan also prioritizes fiscal discipline, aiming to reduce government debt-to-GDP from 63.7% in 2022 to 51.1% in 2028. Gov't deficit is targeted to 3.0%.
Development Situations
- Covers various key development areas, including population, education, health, labor, migration, peace and security, environment, science, agriculture, manufacturing, and service industries.
- The plan emphasizes the need for comparative analysis across different global regions and circumstances. Key areas of comparison include ASEAN, Eastern Asia, countries in Asia and South America and Africa, OECD countries and global averages.
COVID-19 Impact & Global Challenges
- The COVID-19 pandemic caused setbacks in progress towards global development goals.
- The pandemic has caused a sharp increase in global debt, undermined food security, disrupted education, healthcare and global supply chains, and led to a significant rise in global inequality.
- Despite the pandemic's challenges, many long-standing issues exist and continue to impede sustainable development, and progress remains uneven.
Ongoing Challenges
- Impediments like limited access to electricity, rising inflation rates, supply-chain disruptions, labor market difficulties, and policy uncertainties affect global economic recovery.
- Significant challenges include the loss and waste of food, the need to balance the competing interests between economic growth and ecological conservation, and achieving gender equality in leadership across the globe.
- The need to tackle climate change, notably by forest protection and ocean ecosystem conservation is also highlighted.
- There are key issues related to inadequate access to safe drinking water and hand hygiene, and disparities regarding representation of women and men in leadership roles.
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Description
This quiz explores the concept of development, focusing on improving human lives and wellbeing. It also covers the Sustainable Development Goals (SDGs) and Philippine-specific plans like AmBisyon Natin 2040, aiming for a stable and secure future for all Filipinos.
