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Southeast Asian social protection systems have an erratic record and ignore informal work

Social protection refers to a set of policies and programs designed to reduce poverty, inequality, vulnerability, and social exclusion, and to mitigate economic shocks by ensuring income security, access to essential services (e.g., health, education, and housing), and support for life’s hazards (e.g., unemployment, sickness, disability, and old age). In Southeast Asia, social protection systems have a...

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Election spending, lower inflation to help boost economy, says report

Election spending, along with falling inflation, is expected to give the Philippine economy a boost as the campaign for the midterm polls in May goes into full swing, according to Unicapital Securities Inc. (USI). “All-out election spending, both on the local and national scale, coupled with easing inflation, will boost household spending and ultimately favor...