The Middle Class in the Philippines An Exploration of the Conditions for Upward Mobility

A decade of rapid economic growth has supported upward mobility and the expansion of the middle class in the Philippines. While the Philippines' record of economic growth has been sound, many East Asian countries have performed better, resulting in higher levels of economic mobility and more ra...

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Bibliographic Details
Corporate Author: World Bank Group
Format: eBook
Language:English
Published: Washington, D.C The World Bank 2020
Series:World Bank E-Library Archive
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary:A decade of rapid economic growth has supported upward mobility and the expansion of the middle class in the Philippines. While the Philippines' record of economic growth has been sound, many East Asian countries have performed better, resulting in higher levels of economic mobility and more rapid middle-class expansion. This study aims to inform these efforts through an in-depth examination of varying factors that affect upward mobility and middle-class expansion in the Philippines