Professional Documents
Culture Documents
Presentation Analysis Group 1
Presentation Analysis Group 1
COLLEGE OF EDUCATION
COMPARATIVE ECONOMIC PLANNING
Second Semester SY 2021-2022
This analysis is in line with the “Combating Poverty with Education” video presentation made by
the proponents of this activity.
The video presentation analysis is for academic purposes only
PROPONENTS:
LEADER:
GLEN L. GALICHA
MEMBERS:
CAGURUNGAN, SHEANDY M.
CARIG, JULIAN CARLOS
CRUZ, NICOLE IRIS G.
LOPEZ, JACKIE
NOLLA, JAMIE ANNE
RIVERA, RENZ MARCO
SARMIENTO, JHEWEL M.
MAY 2022
RIZAL TECHNOLOGICAL UNIVERSITY
Cities of Mandaluyong and Pasig Campus
COLLEGE OF EDUCATION
COMPARATIVE ECONOMIC PLANNING
Second Semester SY 2021-2022
President Duterte’s economic team adjusted the 2022 poverty rate-- 15 to 17.5 percent from
the more ambitious 13 to 15 percent at the start of this administration. According to Philippine
Statistics Authority (2021), as of the first half of last year, the Philippines’ poverty rate stood at
poverty. Acquired basic skills such as reading, writing, and numeracy, have a documented positive
effect on marginalized populations’ incomes. It increases the rate of return on the economy.
There are many interconnected causes of poverty, and we can't use a magic formula to
eradicate it. But, we can consider education as a reducing risk element of high poverty, which may
Health
management and policies. Education increases total self-awareness about personal health and
make healthcare more accessible; in fact, persons with higher educational attainment have better
As stated by Bautista 2020 education is important as it has a significant role in health literacy
especially now that we have a Pandemic including how information workers may assist Filipinos
in obtaining adequate health literacy in order to prevent them from future global health disasters.
RIZAL TECHNOLOGICAL UNIVERSITY
Cities of Mandaluyong and Pasig Campus
COLLEGE OF EDUCATION
COMPARATIVE ECONOMIC PLANNING
Second Semester SY 2021-2022
knowledge about the health of Filipinos. It helps the Filipinos to prevent more deadly diseases they
could contain from poverty like AIDS and HIV, leptospirosis, Covid 19, and others.
Mortality Rate
If not economic growth and improved food access, what else may explain the world's
extraordinary decline in mortality? One potential is that poor countries will be better able to battle
illnesses at a lower cost. According to Vandenbroucke (2021) “Provide examples of how this can
be accomplished, such as spraying DDT to combat malaria, boiling water to combat cholera, and
spread from rich to poor countries, and their success was determined by how prevalent they became
in these poor countries, given that costly improvements in health care infrastructure were
required.”
Vandenbroucke (2021) observed that while mortality rates in impoverished and rich
countries are comparable, birth rates in the former remain much higher. He also says that "The
world's population is expanding mostly in poor countries due to both lower mortality and relatively
high fertility," he said. Poverty and increased fertility go hand in hand in underdeveloped countries,
and neither is dropping significantly, he added. But all in all death rates in these countries are
dropping, implying that the world's population is expanding, as is its percentage of the poor.
RIZAL TECHNOLOGICAL UNIVERSITY
Cities of Mandaluyong and Pasig Campus
COLLEGE OF EDUCATION
COMPARATIVE ECONOMIC PLANNING
Second Semester SY 2021-2022
If children go to school and acquire important skills and abilities, they will one day be able
to do a better job. The more income they have, the more goods and products they consume, which
benefits the company. This will increase the demand for more products, give more people jobs and
support economic growth. These changes will be the key to eradicating poverty around the world.
According to Canals, C. (2017) Education has a direct impact on economic growth in that
improving human capital is essential. The capacity of an economy depends on many factors. These
include the number and quality of physical capital, technology, and workforce. This quality is
mainly determined by so-called human capital (accumulation of knowledge, skills, and habits).
Increasing the level of education of workers increases human capital, increases worker
productivity, and increases economic productivity. Many studies in the field of labor economics
have attempted to measure the relationship between worker education and productivity. This is
known as a return to private education. And the result is incredibly positive. The predecessor of
all these studies is the equation known as the Mincer equation, developed by Jacob Mincer in 1974.
It links a worker's income (as a measure of productivity) to school education and work experience.
1 Needless to say, equating worker education with school education is very flawed because it
assumes z. Primary education affects worker productivity in the same way as a year's worth of
college education.
Aside from that, education is an important investment in the country as it brings great
benefits, such as deepening people's understanding of themselves and the world. It also improves
RIZAL TECHNOLOGICAL UNIVERSITY
Cities of Mandaluyong and Pasig Campus
COLLEGE OF EDUCATION
COMPARATIVE ECONOMIC PLANNING
Second Semester SY 2021-2022
their quality of life and brings a wide range of social benefits to individuals and society. Education
enhances people's productivity and creativity and promotes entrepreneurship and technological
progress. Education tends to not only improve productivity and creativity but also promote
entrepreneurship and innovation. All these factors lead to higher production and economic growth.
Moreover, Education has both societal and personal benefits. Those who obtain an
education earn more money, have more chances in life, and are generally healthier. Societies also
gain. Higher college completion rates are associated with lower crime, greater general health, and
civic engagement. Wherein, it affects the growth of the economy because of the collective effort
of citizens.
There is a significant link between human capital and economic growth. Human capital has
an impact on economic growth and can aid in the development of an economy by increasing
people's knowledge and skills. In the study of Nickolas S. et. al. (2021) Human capital refers to an
economy's workers' knowledge, skill sets, and experience. Because a competent workforce can
lead to higher productivity, the skills have economic worth. Human capital refers to the recognition
that not everyone possesses the same skill sets or information. Investing in people's education can
also increase the quality of the jobs. Governments have a critical role in expanding a country's
population's skill sets and educational levels. Some countries are actively working to improve
human capital by providing free higher education to citizens. These governments recognize that
education contributes to the development of an economy and economic progress. Workers with
RIZAL TECHNOLOGICAL UNIVERSITY
Cities of Mandaluyong and Pasig Campus
COLLEGE OF EDUCATION
COMPARATIVE ECONOMIC PLANNING
Second Semester SY 2021-2022
greater education or better skills are likely to earn more money, which boosts economic growth by
Investing in workers has a history of improving job circumstances in economies all around
the world. Consumer spending increases when employment improves, resulting in more income
for businesses and additional investment. As a result, employment is a crucial indication or metric
ROTC
Indeed, let us all bear in mind that ROTC promotes leadership and civic competence,
encourages the youth to be engaged in social activities, teaches them the virtue of discipline and
nation-building, and most especially promotes awareness in eradicating social issues like war,
If the youths will be exposed to this kind of training, it will help counter the poverty in a
way that parents who are experiencing financial difficulties and can't send their child to school,
can utilize the opportunity of the ROTC program that offers free accommodation, training ground,
This is true with the study made by Lazzarino (20016), wherein based on the observation
that she made from the implementation of the ROTC program at North Carolina University, The
Army declared in 2013 that it will shutter 13 rural Southeast ROTC schools while increasing
RIZAL TECHNOLOGICAL UNIVERSITY
Cities of Mandaluyong and Pasig Campus
COLLEGE OF EDUCATION
COMPARATIVE ECONOMIC PLANNING
Second Semester SY 2021-2022
funding for urban programs with the specific goal of enrolling minority students. Given the strong
confluence of ethnic and racial minorities and economic poverty, these targeted minority kids are
likely to come from low-income families. Military support for tuition, books, and monthly stipends
is provided to ROTC students on the condition that they serve after graduation. This may be an
appealing option for those who are struggling to pay for college.
From a future perspective, the training that will be provided to the youth will have a great
impact or can be one of the solutions to solving poverty since ROTC doesn't just provide
disciplinary training and civic competence but it prepares the youth to deal with economic issues
Overall Analysis
The Philippines may have a high poverty rate but it is not too late to end poverty in the country.
Combating poverty with education should occur in different areas not only but also within the
community where they will be informed on what a certain citizen should that would benefit the
society and enhance the public welfare, especially in rural areas. Citizens of the country should be
educated in terms of health, mortality rate, income, and economic growth to have a grasp on its
purpose in the society and for them to have a deeper understanding that will result in minimizing
the poverty rate because they have particular knowledge in mentioned factors. The upcoming
administration is willing to push through the ROTC program in different schools across the
Philippines. ROTC is truly beneficial because it minimizes the causes of poverty on a broader scale
RIZAL TECHNOLOGICAL UNIVERSITY
Cities of Mandaluyong and Pasig Campus
COLLEGE OF EDUCATION
COMPARATIVE ECONOMIC PLANNING
Second Semester SY 2021-2022
because the students study the virtue of discipline, and nation-building, and most especially
REFERENCES:
https://neda.gov.ph/statement-on-the-2021-first-semester-official-poverty-statistics/
Proportion of Poor Filipinos Registered at 23.7 Percent in the First Semester of 2021 | Philippine
Statistics Authority. (2021, December 17). Philippine Statistics Authority. Retrieved 12–
RIZAL TECHNOLOGICAL UNIVERSITY
Cities of Mandaluyong and Pasig Campus
COLLEGE OF EDUCATION
COMPARATIVE ECONOMIC PLANNING
Second Semester SY 2021-2022
semester-2021
Role of education in ending extreme poverty -Taking a global lead. (2014). Norad.
https://www.norad.no/en/front/about-norad/news/role-of-education-in-ending-extreme-
poverty--taking-a-global-
lead/#:%7E:text=Education%20can%20combat%20the%20underlying,of%20return%20o
n%20the%20economy.
Raghupathi, V., & Raghupathi, W. (2020). The influence of education on health: An empirical
assessment of OECD countries for the period 1995–2015. Archives of Public Health, 78(1).
https://doi.org/10.1186/s13690-020-00402-5
Bautista, J. R. (2020). Health Literacy Education and Research in the Philippines: An Agenda for
https://phjlis.org/index.php/phjlis/article/view/34
https://www.caixabankresearch.com/en/economics-markets/labour-market-
demographics/education-and-economic-
growth#:~:text=An%20increase%20in%20workers'%20educational,workers%20and%20t
he%20economy's%20output.
RIZAL TECHNOLOGICAL UNIVERSITY
Cities of Mandaluyong and Pasig Campus
COLLEGE OF EDUCATION
COMPARATIVE ECONOMIC PLANNING
Second Semester SY 2021-2022
Jackson, A. (Ed.). (2021). What Is the Relationship Between Human Capital and Economic
Growth? MACROECONOMICS.
https://www.investopedia.com/ask/answers/032415/what-relationship-between-human-
capital-and-economic-
growth.asp#:~:text=Human%20capital%20refers%20to%20the,same%20skill%20sets%2
0or%20knowledge.
Lazzarino, E. (2016, September 12). Opinion: ROTC presence promotes militarization of the
university, exploits the poor. Technician. Retrieved May 29, 2022, from
https://www.technicianonline.com/opinion/opinion-rotc-presence-promotes-militarization-of-the-
university-exploits-the-poor/article_9d4ed9ac-74a4-11e6-a456-cfd776329a5d.html
Vandenbroucke, G. (2022). Is the Link between Poverty and Mortality Changing. Federal Reserve
Bank of St. Louis. Retrieve from Is the Link between Poverty and Mortality Changing? | St. Louis
Fed (stlouisfed.org)
Vandenbroucke, G. (2021).The Association Between Poverty and Mortality Rate. Retrieve from
The Association Between Poverty and Mortality | St. Louis Fed (stlouisfed.org)
RIZAL TECHNOLOGICAL UNIVERSITY
Cities of Mandaluyong and Pasig Campus
COLLEGE OF EDUCATION
COMPARATIVE ECONOMIC PLANNING
Second Semester SY 2021-2022