Poverty and Development Review

What is Development?

• Traditional development focuses on enhancing human well-being through adequate income, quality entitlements, capability freedom, social inclusion, and sustainable growth.
• Development is a multidimensional concept shaped by national and personal choices reflecting social needs and aspirations.
• Historical context includes industrial and societal revolutions, influencing economic paradigms and policies.

What is Poverty?

• Poverty is defined as the opposite of development, characterized by the lack of essential resources and the deprivation of human well-being.
• Absolute poverty refers to the inability to fulfill basic needs for income, food, healthcare, and shelter.
• Relative poverty is measured against a poverty line, with a global threshold set at US$ 2.15 per day.

Poverty Statistics in the Philippines

• Income Poverty:
  • 10.9% of families (3 million) and 15.5% of individuals (17.54 million) live below the income poverty line.
• Food Poverty:
  • 2.7% of families (740,000) and 4.3% of individuals (4.84 million) experience food poverty.
• National poverty line (2023): Php 33,296 annually; monthly threshold is Php 2,774.67.

Comparative Poverty Data

• 2023 income and food thresholds increased by 15.3% and 14.3% respectively, compared to 2021.
• Daily income poverty threshold is Php 91.22; food poverty daily threshold is Php 63.0.

Types of Poverty

• Chronic Poverty: Long-term, persistent conditions.
• Situational Poverty: Temporary conditions caused by sudden shocks.
• Various factors contribute to poverty including income deprivation, severe entitlements deprivation, and social exclusion.

Millennium Development Goals (MDG)

• Aimed to eradicate extreme poverty, achieve education, promote gender equality, reduce mortality rates, ensure environmental sustainability, and forge partnerships.
• Notable successes include halving extreme poverty and improving access to clean water.
• Areas needing improvement include education completion and gender equality.

Lessons Learned from MDGs

• Economic growth is essential but not sufficient for poverty alleviation, particularly for those at risk.
• Emphasis on addressing vulnerabilities, ensuring political stability, and fostering collaboration across sectors is crucial for sustainable development.

Sustainable Development Challenges

• Ongoing issues include climate change impact, food insecurity, income inequality, urbanization pressures, and unmet energy needs.
• Financing sustainable development is estimated to require 5.4trillionto5.4 trillion to 5.4trillionto6.4 trillion annually from 2023 to 2030, equating to approximately 1,179−1,179-1,179−1,383 per person each year.

Political Aspects of Development

• The importance of engaging stakeholders effectively and creating accountability in decision-making processes for sustainable development.

What is Development?

• Traditional development focuses on enhancing human well-being through adequate income, quality entitlements, capability freedom, social inclusion, and sustainable growth.
• Development is a multidimensional concept shaped by national and personal choices reflecting social needs and aspirations.
• Historical context includes industrial and societal revolutions, influencing economic paradigms and policies.

What is Poverty?

• Poverty is defined as the opposite of development, characterized by the lack of essential resources and the deprivation of human well-being.
• Absolute poverty refers to the inability to fulfill basic needs for income, food, healthcare, and shelter.
• Relative poverty is measured against a poverty line, with a global threshold set at US$ 2.15 per day.

Poverty Statistics in the Philippines

• Income Poverty:
  • 10.9% of families (3 million) and 15.5% of individuals (17.54 million) live below the income poverty line.
• Food Poverty:
  • 2.7% of families (740,000) and 4.3% of individuals (4.84 million) experience food poverty.
• National poverty line (2023): Php 33,296 annually; monthly threshold is Php 2,774.67.

Comparative Poverty Data

• 2023 income and food thresholds increased by 15.3% and 14.3% respectively, compared to 2021.
• Daily income poverty threshold is Php 91.22; food poverty daily threshold is Php 63.0.

Types of Poverty

• Chronic Poverty: Long-term, persistent conditions.
• Situational Poverty: Temporary conditions caused by sudden shocks.
• Various factors contribute to poverty including income deprivation, severe entitlements deprivation, and social exclusion.

Millennium Development Goals (MDG)

• Aimed to eradicate extreme poverty, achieve education, promote gender equality, reduce mortality rates, ensure environmental sustainability, and forge partnerships.
• Notable successes include halving extreme poverty and improving access to clean water.
• Areas needing improvement include education completion and gender equality.

Lessons Learned from MDGs

• Economic growth is essential but not sufficient for poverty alleviation, particularly for those at risk.
• Emphasis on addressing vulnerabilities, ensuring political stability, and fostering collaboration across sectors is crucial for sustainable development.

Sustainable Development Challenges

• Ongoing issues include climate change impact, food insecurity, income inequality, urbanization pressures, and unmet energy needs.
• Financing sustainable development is estimated to require 5.4trillionto5.4 trillion to 5.4trillionto6.4 trillion annually from 2023 to 2030, equating to approximately 1,179−1,179-1,179−1,383 per person each year.

Political Aspects of Development

• The importance of engaging stakeholders effectively and creating accountability in decision-making processes for sustainable development.

This quiz explores key concepts around poverty and development, focusing on the Millennium Development Goals (MDGs) and the Sustainable Development Goals (SDGs). It discusses the historical context of development, challenges to sustainability, and insights from societal revolutions. Test your knowledge on these critical global issues!