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THE PHILIPPINES FIVIMS REPORT 2001

AI-generated Abstract

The report discusses the impact of the 1997 financial crisis and the following El Niño phenomenon on poverty and vulnerability in the Philippines. It highlights that despite earlier reductions in poverty during the 1990s, the crises reversed many of these gains and increased the vulnerability of both the poor and non-poor households. The importance of monitoring vulnerability indicators and conducting detailed household-level analyses is emphasized for effectively understanding and addressing the socioeconomic challenges faced by populations in the Philippines.