Thousands of Families are Informal Settlers
The real estate is booming with a projection that the value of
construction will triple this year. As the forecast for land
development grows positive, squatters' area is also seen to increase.
This problem is centered in the crowded area of Metropolitan Manila
where informal settlers look for livelihood.
Most of the people leaving in the squatters' area cannot afford to pay
the rent because of their limited income. In relation to this problem,
two projects should be executed together: livelihood and housing
project. If both projects will be executed nationwide, these will
yield a positive effect in the economy. Imagine if we will be able to
eradicate informal settlers in our country; the image our country can
create with the world. The multiplier effect of livelihood project is
The question is how can we execute these two projects? Is it through
government effort only? Or requires the help of private sector and
To execute these projects requires a large fund and a thorough
planning. A collective action, small or big, if summed can transform
While reviewing my book in Economic Development written by Todoro and Smith (2005), I encountered the three objectives of...
"What will keep the Philippines from growing until it reaches its stable stage - rest on the proper distribution of income and reso...
Internet is the only society without boundaries. In the real world one must have a passport and visa to enter a particular country; in th...
The story is about a human and his toys. As a kid, the human does not really know what a toy is, he just love to play with things...
The Philippine economy is projected to grow rapidly this year. Well, there is no doubt that Philippines can be the next ...
Philippines 2014 economic growth is marked by uncertainty. With global market in downward trajectory, observers are thinking twice if ...
Service sector is booming with more Business Process Outsourcing (BPO) companies seeing Philippines as one of the best sites for busine...
In a country that is inhabited by rich and poor, many would ask; who should be the target of growth? Is it the top (by stimulating inves...
Why would a foreign investor withdraw his investment in emerging markets? This is one of the common questions asked by economic observe...
See chapter 1 here The young man go out and try to think of things he can make use of the coin. He walked accrosed the town ...