How to stop or solve the poverty in the Philippines?

[wakkanakka]

We need more workers.

Lessen corruption

[SioDenz]

Quote: Originally Posted by al1974 All that you pointed out is taken up in the hyperwage theory... the single ultimate solution to poverty

what country already implemented this Hyperwage system uve mentioned? if Not, why wala pa man nigamit ani?

[SioDenz]

Quote: Originally Posted by wakkanakka We need more workers. Lessen corruption

We have a lot of workers, the problem is they lack skills and knowledge....

[gikapoy]

- good quality of education
- lessen corruption

[yuyorih]

Ako mismo..... sa akin mismo magsisimula hehehe

bitaw, we should ask the question (title) to ourselves.

[rickflag]

Quote: Originally Posted by gikapoy - good quality of education - lessen corruption

we have fairly good education. proof of that is we have lots of overseas filipino workers abroad so that means our skills are employable. the problem is some students prefer to spend their time in the internet cafes playing games than stay at home and study.

[markokintolimbo]

me simple changes those government public officials basta tanan ........

[ladygrace]

well ang solbad ani corruption kay kinahanglan mang resign na na cila sa pwesto para ang ato tax mapuslan nato pag ayo ....cila mismo ang corrupt nga politiko kana kon naa pa cila uwaw pero kon wala na cila ani wala na tay mahimo ang ato diha ang dili na pag votar kanila og balik......

[Dakota]

Poverty is an economic definition. The filipinos historically elect officicals lack good governance principles. This combined with a lack of ethics, controls, and penalities allows the politicians to run amok The corrupt politicians re-direct monies for the schools, etc. to their own respective pockets.

In order to escape povery, one must have a set of skills they can sell or trade in a free market at the fair market price. The better the skill the higher the selling price. This is demonstrated by the fact that nurses and engineers can obtain jobs outside the Philippines at wages signinficantly higher than those available in here.

Any attempts to arbritarily raise the incomes of filipinos without a corresponding increase in the skills as valued by the worlds free markets will lead to inflation and extreme devaluation of the peso. foreign exchange markets are extremely efficient at valuing a countrys gnp and its currency. any arbritary manipulation of this complex model such as raising incomes without a related increase in skill set value violates basic wage and labor economics. this is even more true is a recession where countries and companies alike are straining to create value to remain financially solvent.

[unsay_ngalan_nimo]

Quote: Originally Posted by Dakota Poverty is an economic definition. The filipinos historically elect officicals lack good governance principles. This combined with a lack of ethics, controls, and penalities allows the politicians to run amok The corrupt politicians re-direct monies for the schools, etc. to their own respective pockets. In order to escape povery, one must have a set of skills they can sell or trade in a free market at the fair market price. The better the skill the higher the selling price. This is demonstrated by the fact that nurses and engineers can obtain jobs outside the Philippines at wages signinficantly higher than those available in here. Any attempts to arbritarily raise the incomes of filipinos without a corresponding increase in the skills as valued by the worlds free markets will lead to inflation and extreme devaluation of the peso. foreign exchange markets are extremely efficient at valuing a countrys gnp and its currency. any arbritary manipulation of this complex model such as raising incomes without a related increase in skill set value violates basic wage and labor economics. this is even more true is a recession where countries and companies alike are straining to create value to remain financially solvent.

naa gyud mu-react ani...

[Tarmac]

Quote: Originally Posted by Dakota Poverty is an economic definition. The filipinos historically elect officicals lack good governance principles. This combined with a lack of ethics, controls, and penalities allows the politicians to run amok The corrupt politicians re-direct monies for the schools, etc. to their own respective pockets. In order to escape povery, one must have a set of skills they can sell or trade in a free market at the fair market price. The better the skill the higher the selling price. This is demonstrated by the fact that nurses and engineers can obtain jobs outside the Philippines at wages signinficantly higher than those available in here. Any attempts to arbritarily raise the incomes of filipinos without a corresponding increase in the skills as valued by the worlds free markets will lead to inflation and extreme devaluation of the peso. foreign exchange markets are extremely efficient at valuing a countrys gnp and its currency. any arbritary manipulation of this complex model such as raising incomes without a related increase in skill set value violates basic wage and labor economics. this is even more true is a recession where countries and companies alike are straining to create value to remain financially solvent.

Not just skills but the ability of our industries and other work sectors to absorb the highly-skilled workers. Otherwise, the brain drain/OFW phenomenon will continue despite the increased skills.

[Teban2006]

We Lack Love Of Country - mostly istorya ra gyud ta kutob ani walay action

[Dakota]

Previously it was sugested that arbritarily increasing wages in the Philippines would be a viable solution to reducing poverty. This theory poses several high risks. For example, using microeconomic theory. lets assume, that the a good was produced and sold at 100 pesos. Now inceased wages caused the production cost and associated selling price to increase to 1000 pesos. This higher good is now exported to the world for sale. Buyers who used to pay 100 pesos will be unlikely to pay 1000 pesos for the same good. Competitiors will take the phils market share, and this cause a reduction in sales and a corresponding reduction in jobs and then companies. All will lose. Increasing the cost of a good or service without an increasing the related value is a recipe for disaster. Someone might suggest that the goods and services only created using these increased wages be sold in the Philippines. That would result in prurchasing power parity among those who got the increased wages (i.e., those who got paid more, had to pay more). For all those who didnt get the increased wages like retirees and tourists, would most likely flee the country due to the arbritary increase in cost of living. This would also result in jobs lost and a reduction in tourist income and GNP. In either case, the hype wage theory is not a viable economic theory.

[chromic22]

how to sop poverty? change... thats what we need.. change..change...change...

[alert0]

it should start within us. elect people na dili trapo. kay ma trapo sad ato country.