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Economic and political dynamics in Philippine development

Author

Listed:
  • Florian A. Alburo

    (University of the Philippines School of Economics)

Abstract

This paper hypothesizes that the long-term political behavior of breaking the country into finer geographical and political entities has been inimical to its sustainable long-term economic growth. The splitting of provinces and creation of new ones, legislating of more congressional districts, and further breaking up of even the lowest government levels fragment markets, raise real financial and transactions costs, bloat government’s budgets and the bureaucracy, and burden the private sector. Partial evidence is explored showing this behavior in the country’s long-term development history and some policy directions are suggested.

Suggested Citation

  • Florian A. Alburo, 2016. "Economic and political dynamics in Philippine development," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 53(2), pages 105-118, December.
    • Handle: RePEc:phs:prejrn:v:53:y:2016:i:2:p:105-118
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    File URL: https://pre.econ.upd.edu.ph/index.php/pre/article/view/944/863
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    More about this item

    Keywords

    Philippine development; dynamics;

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy

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