Poverty in Central America and the Philippines

From the Paper:

"This paper will discuss the roots and causes of poverty in Central America and the Philippines. Both of these regions are underdeveloped and are therefore considered to be part of the Third World. This is particularly ironic in the case of the Philippines, because that nation has seen a great deal of industrial growth during the twentieth century. Nevertheless, the majority of the population in the Philippines live in poverty despite the fact that the nation as a whole is "well above the poverty line". This situation exists because of inequalities in the distribution of wealth. In this regard, it can be seen that the wealth of the Philippines is "concentrated among owners and managers of a relatively few well-organized and productive enterprises and land-holdings" while the majority of the people are "engaged in small-scale business and farming" ... "

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