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Poverty in the Philippines

According to the Population Commission, there are about 30.6 million Filipinos suffering from poverty. Out of all the Southeast Asian countries, the Philippines is the worst when in comes to poverty. About 15.3 million Filipinos are subsistence individuals meaning that they do not make enough money to provide for basic food requirements.
In 1999, the World Bank said that the Philippines had a per capita GNP or gross national product for each person of $1,050. This is being compared to China's $780, Indonesia's $600, Vietnam's $370, Lao's $290, and Cambodia's $280. By looking at this, you probably think that these other Asian countries have a higher percent of people living in poverty. That assumption is wrong. The Philippines has a higher percent of poverty because the wealth is only concentrated on few people. In the Forbes magazine, there were at least five Filipino billionaires. Places like France, Finland, the Netherlands, Norway, and......

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Approximate Word Count: 406
Approximate Pages: 2 (250 words per double-spaced page)

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