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Cul.

Act  Regional Shares in GDP


Global and Regional Trends and  Trends in Population
Prospects Growth
 Economics Trends Philippine Development Plan 2017-
 Muted Global Economic 2022 Overall Framework
Recovery (based on GDP - Strong foundation for more
growth chart) inclusive growth, a high-trust and
 Sluggish International resilient society, and a globally-
Trade –technology competitive knowledge economy
 Surge in Foreign Strategic Outcomes
Investments ` - Malasakit, Pagbabago, Patuloy na
 Political Trends pag-unlad
 Populist and Protectionist - ^^^ strategic policies and
Tendencies -> claims to macroeconomic fundamentals
represent the unified “will Major strategic outcomes
of the people”, tariffs, 1. Enhancing the social fabric
subsidies, import quotas (Malasakit)
 Maritime Disputes - Greater trust in public institutions
(Scarborough Shoal) and across all of society
 Social and Demographic Trends - Government= people-centred,
 Aging Populations clean, and efficient
 Inequality May Persist in - Justice= swift and fair
Some Nations - Greater awareness about and
 Shift Towards Universities respect for the diversity of our
and Private Funding cultures
 Upcoming Disruptive 2. Inequality-reducing
Technologies transformation (Pagbabago)
 Environmental Trends - Greater economic opportunities
 Climate Change - Special attention= disadvantaged
subsectors and people groups
Overlay of Economic Growth, 3. Increasing growth potential
Demographic Trends, and Physical (Patuloy na pag-unlad)
Characteristics - Adopt modern technology=
 Economic and Demographic production
Trends - Innovation
- Accelerate economic growth - Security, culture, social activities,
political institutions, multi-
Assessment and Challenges dimensional process,
 Country’s gross domestic product reorganization and reorientation
grew
 Unemployment rate Physical reality and a state of mind
 Reduce poverty - Obtaining a better life
 Expansion of the Pantawid
Pamilyang Pilipino Program Mental and social changes
(Pantawid Pamilya) - Long participatory of social
 Implementation of the SHS changes
program
 Poor performance of agriculture The New Concept of Development
& fishery - Quality of Life
- GNH
PDP 2017-2022 Targets - Sustainable Development Goals
- Upper middle-income country by 1. Quality of Life
2022 - People’s lives > Incomes
- Lower poverty incidence in rural - Promotion of growth to
areas promotion of well being
- High level of human development
- Unemployment rate will decline 2. Gross National Happiness
- Greater trust in government and - 2nd fastest growing GDP in the
society world, at the same times as
- More resilient in terms of maintaining their environment
Disaster Risk Preparedness and cultural identity (2007,
- Greater drive for innovation Kingdom of Bhutan)
- GNH measures people’s quality of
02/01/19 Recitation- life, and makes sure that
The Concept of Development “material and spiritual
- It is a concept that and multi- development happen together.”
facetted phenomena - 8th Happiest Country in the world
- There are technological evolution according to Business Weekly
- Land + Labor + Capital =
Economic Development 3. Sustainable Development Goals
- Economic, Social, Environmental Q: Why do the SDGs matter?
cultural aspects A: A unified and unifying plan of action,
- Intergenerational well-being holding governments accountable,
- Millennium Development Goals bringing the World together,
(MDGs) Universality`
 done during 2000-2015
Recitation for 2/8/19-I
Observations after 2015: Recitation for 2/9/19-III
- Progress was uneven.
- Millions of people were not No Poverty, Life on Land, Quality
reached by the MDGs. Education, Decent Work and Economic
- Although income poverty was Growth, Peace, Justice, and Strong
greatly reduced, roughly 1 billion Institutions
people still live below the poverty
line (under $1.25 a day) UNDP’s Strategic Plan (2018-2021)
- Still, many face daily challenges of 1. Eradicate Poverty in all forms
discrimination and exclusion, and dimensions
denying them access to basic - DIGNITY. OPPORTUNITY.
resources, services, and 2. Accelerate structural
opportunity. transformations
3. Build resilience to shocks and
Q: What is Sustainable Development? crises
A: Meets the needs of the present
WITHOUT compromising the ability of
Importance of the 3 stages
future generations to meet their own
- It will be able to show that we
needs
need to give priority to one
stage first before the other so
MDGs vs. SDGs
that we be able to have a better
- Universal (whether you are a first,
world
second, or third world country)
- Integrated (integration of social,
cultural, and environmental)
Assessment and Comments
- Inclusive - We would be able to achieve
- “Leaving NO ONE behind.” these goals thru the developed
countries and developing
countries to their respective
partnerships.

Six Signature Solutions


- Keeping people out of POVERTY
- GOVERNANCE for peaceful, just,
and inclusive societies
- Crisis prevention and increased
RESILIENCE
- ENVIRONMENT: nature-based
solutions for development
- Clean, affordable ENERGY
- Women’s empowerment and
GENDER equality

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