Structural Transformation, Job Polarization and Inequality in the Philippines : A Policy Brief
Over the past three decades the Philippines has made great progress in poverty reduction and income growth, but only recently has inequality begun to fall. Before the COVID-19 pandemic, structural transformation had seen a shift of less-educated workers to more productive sectors and occupations, leading to more inclusive growth. Nevertheless, large gaps between education groups persist. The slow expansion of tertiary education has caused a large skill premium. The shock from the COVID-19 pandemic led to a significant shift in the workforce toward less productive sectors and occupations. Signs of wage job polarization have emerged in recent years and could heighten as the nature of work changes. The Philippines can leverage the crisis generated by the pandemic to promote necessary reforms to support skills development and promote inclusive recovery.
| Main Authors: | , , |
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| Format: | Brief biblioteca |
| Language: | English English |
| Published: |
World Bank, Washington, DC
2022
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| Subjects: | INEQUALITY PROGRESS, TERTIARY EDUCATION, PANDEMIC WORKFORCE SHIFT, SKILLS DEVELOPMENT, WAGE JOB POLARIZATION, INCLUSIVE RECOVERY, |
| Online Access: | http://documents.worldbank.org/curated/en/099702010182235861/IDU0e2356edb0ea610434709c7001fb48c9d1eb6 http://hdl.handle.net/10986/38188 |
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