Summary - MDG National Report 2010

Summary - MDG National Report 2010 - 31 Philippines...

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Unformatted text preview: 31 Philippines Progress Report on the Millennium Development Goals 2010 EXECUTIVE SUMMARY 1. Overview Upon entering the 21st century, leaders from both developed and developing countries gathered and agreed to achieve a set of concrete, measurable development objectives by 2015 through the adoption of the Millennium Declaration 1 . These objec- tives, known as the Millennium Development Goals (MDGs), are associated with the United Nations (UN) development agenda and are focused on addressing extreme poverty, lack of gainful employment oppor- tunities, hunger incidence, lower access to education, gender inequality, prevalence of diseases (particularly among children and women), environmental degradation, among others. In the past decade, a number of summits and meetings were held to monitor prog- ress towards the achievement of the MDGs. While there were a number of success stories and remarkable progress in some countries, obstacles and challenges were ever present that caused some countries, especially the developing ones, to lag behind. Some of these challenges include shortfall in the level of investment, ineffective government policies, and lack of commit- ment, among others. These challenges have been aggravated by the combined effects of various shocks including economic, food, and energy crises as well as increased frequency and intensity of natural calamities that are associated with climate change. The Philippines is among the many developing countries that is continuously exerting efforts to be on track with the well-defined MDG targets. With only five years left before the target date, several of the targets seem to be far from reach for the Philippines primarily due to a number of challenges it has faced in the last couple of years that contributed to the slow pace of progress. This report aims to present the progress made for each of the goals over the past two decades (1990 baseline), the challenges encountered along the way, and the concrete set of actions needed to keep the Philippines on track with, or even accelerate, its progress towards the achievement of the MDGs. Consultations with government agencies, academe and research institutions, civil society, and international donor organiza- tions were undertaken in the course of the preparation of this report. Workshops were held in May 2010 and July 2010 to solicit comments from the various stakeholders. 1 General Assembly resolution 55/2 32 Philippines Progress Report on the Millennium Development Goals 2010 1.1 Macroeconomic developments Over this decade, the Philippine economy posted significant economic growth. Gross National Product (GNP) grew on the average, by 5 percent during the period 2000-2009. Growth peaked in 2007 when the economy grew at 7.5 percent. It even posted a growth of 6.2 percent in 2008, the year when the country experienced the food and fuel price shocks (Figure 1). Food prices increased in 2008 by 13.6 percent, higher than the food inflation rate of 3.3 percent in than the food inflation rate of 3....
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This note was uploaded on 01/06/2012 for the course ECON 102 taught by Professor Goodhart during the Spring '11 term at Abu Dhabi University.

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Summary - MDG National Report 2010 - 31 Philippines...

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