Fighting Hunger and Poverty Through Social Market Economy
5 Pages Posted: 6 Jun 2016
Date Written: June 3, 2016
Abstract
This paper presents the Philippine hunger and poverty condition. It explores on the causes of the poverty and the impact of the price changes in the hunger incidence. Policy promulgations were found to primarily cause hunger and poverty in a country with high-wealth concentration. An economic model was presented to address the gap in wealth concentration, and eventually lead to arresting poverty. Mindanao has been given highlight in this paper because of its geo-political climate causing hunger and poverty to its people.
Keywords: regulatory capture, Mindanao, social market
JEL Classification: D63, D78, E10
Suggested Citation: Suggested Citation