Impact on OFWs [Overseas Filipino Workers], remittances and local employment seen in the Philippines : CBMS Network's multi-country study on monitoring and mitigating the impact on poverty of the global financial and economic crisis

Abstract

This paper presents the results of Community-based Monitoring Systems (CBMS) surveys for nine selected sites distributed over the Philippines. The sites serve as poverty observatories or sentinel sites for monitoring the impact of the global financial and economic crisis. Monitoring is done primarily through CBMS surveys of household and community-level data, which capture the different dimensions of poverty. The CBMS Network project monitors the impact of the global financial crisis on poverty in developing countries in Asia, Africa and South America. It is noted that coping strategies adopted by households may have negative long-term consequences, especially on women and children.

Description

Keywords

COMMUNITY-BASED MONITORING SYSTEM, ECONOMIC RECESSION, MIGRANT WORKERS, REMITTANCES, HOUSEHOLD CONSUMPTION, UNEMPLOYMENT, ECONOMIC IMPLICATIONS, HOUSEHOLD FINANCING, POVERTY ALLEVIATION, PHILIPPINES, HOUSEHOLD INCOME, FAR EAST ASIA

Citation

DOI