1) In the case, "the moderate economic growth in recent years did not help to mitigate poverty or slums. The Asian Development Bank reported an average 5.3 percent increase in GDP from 2003 to 2006. Poverty rates increased from 24 percent to 27 percent during that time and continued to increase in 2007 when the GDP growth was 7.1 percent. Chronic poverty, driven by factors like severe inequality and corruption, hinders the reduction of slum residents and settlements." Could the chronic poverty be mitigated by promoting more Sweatshop Factories in the Philippines? What is your moral judgement? Critically evaluate.(50 marks)

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