Gutierrez, Angelica P.

September 19, 2022

BSBA-II-HRM Atty. Redeemer
Faraon

Characteristics of Good Governance

1. In my perspective the most important characteristics of good governance is

equity. It is very essential, being treated fairly regardless of the status, race, age,
equitable treatment, opportunities, and growth being available to
everybody. Equity is associated with fairness and justice and is described as "the
state, quality, or ideal of being just, unbiased, and fair." It is beneficial to conceive
of equity as more than just a noble ideal or idealistic aim. Being able to access
everything fairly is a good thing especially for the poor people. Due to its moral
significance and close connection to fairness and social justice, equity is often
seen as a noble objective in and of itself by some societies. Poverty reduction
can be aided both directly and indirectly by policies that support equity. Fewer
people experience poverty when incomes are more fairly distributed. In the long
run, equity-enhancing policies, especially those that prioritize human capital
investments like education, can spur economic growth, which has been
demonstrated to reduce poverty.

2. Equity, in my perspective, isn't very influential in the Philippines, which is

extremely obvious right now. Not everyone is granted the same privileges,
accountability, etc. According to child fund (2022) the Philippines has Southeast
Asia's third-highest rate of economic and social inequality, according to the
ASEAN Trade Union Council. Personal riches is not the only issue with this. The
rising gap between the richest and poorest inhabitants of the Philippines has an
impact on land distribution, educational and employment prospects, and
fundamental welfare services. Geographical disparity has increased in the
Philippines during the past ten years as economic inequality has increased. With
between 25 and 40 percent of families living in extreme poverty, Mindanao, the
southernmost and second-largest of the Philippine islands, has six of the
country's ten highest poverty rates. More than one-third of the country's
population lives in the 30 provinces with the worst conditions. Based on the
statements, I acknowledge that enhancing social safety nets, access to
healthcare, quality education, and general economic growth especially in
agriculture are essential to reducing social inequalities.