What factors contribute to the current socio-economic status in the Philippines?
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The current socio-economic status in the Philippines is influenced by various factors. Factors contributing to this status include the country's progress in governance and economic performance, public sector investments in infrastructure and human capital development, and the significance of human capital as a strong asset . Additionally, lower levels of education are associated with a higher risk of cohabitation, indicating a link between rising cohabitation rates and socioeconomic disadvantage . Socio-economic variables, such as educational attainment, play a crucial role in fertility behavior and female labor force participation, impacting the overall socio-economic landscape over time . Moreover, factors like crime rates, poverty, health, employment, education, and income levels have complex relationships with HEI PRC performance, influencing regional similarities and disparities in the country . Finally, changes in ownership of assets and economic returns to employment have contributed to poverty reduction, while stagnant human capital and basic services have had limited impact on poverty and inequality levels .
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| Papers (5) | Insight |
|---|---|
| Factors influencing the socio-economic status in the Philippines include HEI PRC rate, crime rate, education, employment, health, poverty, income, and basic family amenities based on regional analysis. | |
| Factors such as educational attainment, particularly secondary and higher education for both females and males, influence fertility decline and female labor force participation in the Philippines. | |
Open access•Posted Content | Factors contributing to the Philippines' socio-economic status include improved institutions, governance, investments in infrastructure and human capital, a dynamic labor force, and the need for foreign and domestic investments. |
| Ownership of assets, economic returns from formal and non-agricultural employment drive lower poverty rates in the Philippines, while stagnant human capital and basic services have no impact on poverty and inequality. | |
5 Citations | Lower education levels are significantly linked to higher cohabitation risk in the Philippines, indicating rising cohabitation is more tied to socioeconomic disadvantage than changing marriage values among educated individuals. |
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