Babies bring down economy

More wood for the claim that there are still too many babies born per household in the Philippines. Jeffrey D. Sachs, director of the Earth Institute at Columbia University shares his views on why despite the seemingly continuous upswings of the Philippine economy its real life effects are yet to be felt by…well anyone.

“Fertility rates are “too high” and something should be done to bring down the number of babies born per household to an average of two instead of the current three to promote economic growth and achieve “social inclusion,”

“The Philippines of course is a very complicated country, very diverse; it’s an archipelago. It’s very crowded. The population has increased more than four times since 1950. The fertility rates remain quite high in this country, I think too high, actually, because most places that have really made the breakthrough — sustained economic growth, more social inclusion — had their fertility rates coming down voluntarily to the replacement level, two children per household,”

“In the Philippines, [fertility is] still on average about three and it’s much higher in rural areas, of course. This is very hard for this archipelago,”

“The world should aim to stabilize the population within the next 30 years. We’re a very crowded planet. Rapid population growth in this era of environmental troubles creates big problems — lots of poverty, lots of marginalization, lots of environmental stress,”

“Resiliency [is] going to become more and more central because the climate is becoming more dangerous and more unsustainable. So, climate change from the point of view of the Philippines is not a small matter, it’s a very large matter,”

“The phrase sustainable development is the summary of what needs to be done, and I think the world will adopt sustainable development goals … Everybody is coming to understand GNP (gross national product) is not enough, it doesn’t really summarize very well what society needs to do. It doesn’t capture the environmental side, it doesn’t capture the inequalities. Therefore, keeping sustainable development is the challenge. It will not only reorient policies but it will also reorient the way we measure things,”

“On the positive side, it’s good to be in the dynamic part of the world. The North Atlantic right now is in crisis. It grows slowly, unemployment is high; whereas in the Philippines, the Asian developing countries are the fastest-growing region in the world … [A]ll the benefits of rapid technological improvement and lots of market opportunities, a lot of dynamism and shifts of production, [are] within this region. So, a country that really makes a determined effort to be competitive in Asia can have very big results,”

The full story can be read at business world online

http://www.bworldonline.com/content.php?section=TopStory&title=Philippines-%E2%80%98very-complicated,%E2%80%99-Sachs-says&id=51248

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Isang Tugon to “Babies bring down economy”

  1. Babies should taken care of. We should be able to sustain their needs. Thus, the necessity of skill to plan ahead is necessary. That’s why smart planning is very essential. More advocacy on t his knowledge is essential anywhere in the world.

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