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WEEKLY NEWSLETTER
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Philippines
Index
In 1990 the Philippines had not yet recovered from the
economic and political crisis of the first half of the 1980s. At
P18,419, or US$668, per capita GNP in 1990 remained, in real
terms, below the level of 1978. A major thrust of Aquino's 1986
People Power Revolution was to address the needs of impoverished
Filipinos. One of the four principles of her "Policy Agenda for
People-Powered Development," was promotion of social justice and
poverty alleviation. Government programs launched in 1986 and
1987 to generate employment met with some success, reversing the
decline of the first half of the decade, but these efforts did
little to alleviate the more chronic aspects of Philippine
poverty.
Data as of June 1991
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