Since 2014
Economic and political dynamics in Philippine development
Philippine Review of Economics
View Archive Info| Field | Value | |
| Title |
Economic and political dynamics in Philippine development
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| Creator |
Alburo, Florian; UP School of Economics
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| Subject |
Philippine development, dynamics
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| Description |
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.JEL classification: O11, O15, O43, J68
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| Publisher |
Philippine Review of Economics
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| Contributor |
—
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| Date |
2017-04-17
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Identifier |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/944
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| Source |
Philippine Review of Economics; Vol 53, No 2 (2016); 105-118
1655-1516 |
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| Language |
en
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| Rights |
Copyright (c) 2017 Philippine Review of Economics
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