Most of us in touch with reality know how our country lags as compared to other previously third world countries when we see their infrastructure, political system, economic reaping, etc., but to actually get this figure of 175 years behind from the ADB. wow!
It would take nearly two centuries for the Philippines to catch up with the living standards of industrialized countries at its current pace of economic growth, the Asian Development Bank (ADB) reported Thursday.
In a study titled, “A Cross-Country Analysis of Achievements and Inequities in Economic Growth and Standards of Living,” the Manila-based lender said the results suggest a large disparity in living standards across countries, and the disparity in per capita income was far greater than that in the other indicators of living standards.
Filipinos know that the only sport event that can clear the streets from traffic better than a UAAP Ateneo Lasalle game is a Pacquiao fight!
Recent Comments