The Philippines has set an ambitious goal of becoming a predominantly middle-class society free of poverty by 2040 … as poverty reduction or redistribution. This background paper for the 2024 Philippine Institute for Development Studies … Annual Public Policy Conference (APPC) provides an updated profile of the Philippine middle-class. Using an income …

.g., life satisfaction) and objective (e.g., prosperity) well-being indicators. The objective was to gain a deeper understanding …

definition of the middle-income class, laying down seven income classes based on the national poverty lines. It also profiles the … reducing poverty and in making growth more inclusive. This paper examines trends in macroeconomic statistics, and the progress … address the lack of political inclusion. It also looks into income distribution and income inequality; and proposes a …