These days, it is about 15 percent

Philippines rewards the poor as Asia’s income gap widens

MANILA (Reuters) Fe Capco and her five children live in a shack with canada goose no running water along a dirt track in eastern Manila. She earns about $100 a Canada Goose sale month washing Canada Goose Jackets clothes and her husband used to bring in buy canada goose jacket about $70 a month driving a motorcycle taxi canada goose black friday sale until he went blind.

Canada Goose online REFILE ADDING TAGS Fe Capco, a beneficiary of government’s Conditional Cash Transfer program (L) sits with her blind husband in their shanty in Pateros, Metro Manila April 30, 2012. Through the Pantawid Pamilya (Family Subsistence) programme in the Philippines, about 3 million poor households get small grants from the government if they take their children to Canada Goose Parka health centres regularly and keep them in school. Picture taken April 30, 2012. To match Feature ASIA INEQUALITY/PHILIPPINES REUTERS/Erik De Castro

Canada Goose Parka Through a program in the Philippines called Pantawid Pamilya (Family Subsistence), 3 canada goose store million poor households like Capco get small grants from the government if they keep their children in school and take them regularly to health centers.

canada goose black friday sale really a big help because now we don canadian goose jacket have a problem about whether we can have food to eat or if cheap canada goose uk the kids have money to go to school, Capco, 43, said with her two year old daughter Rihanna in her lap.

buy canada goose jacket cheap A high school graduate with gleaming eyes and a ready smile, Capco has been in the ramshackle community for 18 years. None of her neighbors has a steady job.

Canada Goose Outlet With a quarter of its people below the poverty line as the population crests 100 canada goose uk shop million, the Philippines points to the need for developing Asia to reverse worsening inequality and broaden the benefits of the region tremendous economic growth.

Canada Goose sale Conditional Cash Transfer schemes like Pantawid Pamilya so named for uk canada goose the conditions imposed to qualify for benefits were pioneered in Brazil and Mexico and have proven very effective in giving immediate help to the poor and breaking vicious cycles of poverty by improving health, education and opportunities.

Narrowing the wealth gap has become as pressing as poverty alleviation, making it a key theme of this week annual meeting of the Asian Development Bank (ADB) in Manila with government officials, bankers and civil society groups from 67 countries.

Inequality is rising in 11 countries making up 82 percent of Asia population, the ADB says. That list includes China, India and canada goose coats Indonesia three huge economies driving much of the growth.

to other regions, the recent period of growth cheap Canada Goose in Asia has been both less inclusive and less pro poor, the International Monetary Fund said in a report.

Poor residents hold up documents to avail the government’s Conditional Cash Transfer program in Malabon, Metro Manila July 21, 2011. Through the Pantawid Pamilya (Family Subsistence) programme in the Philippines, about 3 million poor households get small grants from the government if they take their children to health centres regularly and keep them in school. Picture taken July buy canada goose jacket cheap 21, 2011.

canada goose coats on sale In Japan, the world third largest economy, a rapidly ageing society is putting pressure on a pension canada goose uk outlet system designed when it was assumed contributions would rise in perpetuity.

In South Korea, the 15th largest economy, relative poverty has worsened, the Organisation for Economic Co operation and Development said in a recent survey of the country.

canada goose deals In 1990, about 8 percent of South Koreans lived on less than half of the median income. These days, it is about 15 percent.

canadian goose jacket For Rajat Nag, the ADB managing director general, growing inequality to undermine the region stability

Canada Goose Jackets Governments in Asia have the resources to promote inclusive growth, he said in mid April, canada goose uk black friday and they should adopt more targeted social spending. canada goose clearance sale That means rolling back poorly focused schemes like the fuel subsidies in Indonesia that uk canada goose outlet the government finds hugely canada goose clearance costly but politically difficult to kill.

have often felt that they first need to grow and they need to grow fast, Nag said. a principle of rising tides will lift all boats makes an assumption that no boat has a hole in the hull.

canada goose Slideshow (3 Images)

canada goose clearance Conditional Cash Transfer schemes in the Philippines and Indonesia and more limited ones in Bangladesh, Pakistan and Cambodia are seen as one canada goose coats on sale of the best ways Canada Goose Outlet to target spending.

canada goose store Pantawid Pamilya, piloted in 2007, is now the largest social protection canada goose sale scheme in the Philippines. The monthly grants of up to 1,400 pesos ($33) go to the mother, as experience shows women tend to spend the money on food, medicine and school supplies.

canada goose coats the beginning, the program was very well designed, Nazmul Chaudhury, the World Bank point person for Pantawid Pamilya, told Reuters.

terms of the sophistication of an integrated program, the rigor of the poverty targeting database and the potential for Canada Goose online this as a larger social safety net, there nothing like that in the region.

cheap Canada Goose WILL TRY MY BEST Capco and her neighbors live just a short drive from the Makati business district where manicured squares, office towers, fancy hotels and expensive boutiques might mislead the Canada Goose Coats On Sale casual visitor into thinking the Philippines is a wealthy country.

Reality is more squalid for many of the 13 million people in congested Manila, including nearly 600,000 families classified as settlers a polite term for squatters like Capco.

Clashes in the capital last month between 1,500 squatters and Canada Goose Online policemen trying to enforce a court ordered demolition of makeshift stalls left one man dead and dozens hurt. Residents pelted police with rocks, petrol bombs and bags of human waste.

buy canada goose jacket In the countryside, life can be even harder. Lack of opportunities in rural areas drive many people to Manila and other cities, often into slums.

Pantawid Pamilya has not been without its challenges in a country with pervasive corruption, powerful vested interests and overburdened health and education systems canada goose factory sale.

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