Govt must confront poverty, not rely on trickle-down effect

The government must take direct action to alleviate poverty in the country than wait for the natural trickle-down effect of economic gains achieved so far, an economist said.

“It is better to have direct intervention such as the purpose of the new NEDA [National Economic and Development Authority] spatial and sectoral approach,” Alvin Ang, University of Santo Tomas professor of economics and Philippine Economic Society president, told The Manila Times.