This paper examines the relationships between economic growth, income distribution, and poverty for 17 Asian countries … for the period 1981–2001. First, it investigates how much growth is required to offset the adverse effect of an increase … in inequality on poverty. This trade-off between inequality and growth is quantified using a tool called the "inequality–growth …

), Philippines, and Thailand. It develops a crisis index that measures the impacts of the crisis by comparing actual values of … severity and channels of these impacts varied widely: Thailand suffered the most in terms of reduced growth in gross domestic … product, Korea suffered the worst in reduced employment, and Philippines' output was affected only in 2009. In the labor …

growth rate of the country, and explains the progressive deterioration of the Philippines during the last two decades … of competitiveness in the Philippines. It is shown that ulcs have an interpretation from the point of view of the … a "low-level equilibrium trap." This situation has profound implications for long-run growth and for the potential …