Some Advises for Building Development Plan of the The Bangsamoro in Mindanao

필리핀 방사모로 이슬람 자치지역의 개발정책수립을 위한 제언

  • 이충열 (고려대학교 세종캠퍼스 경제학과) ;
  • 방인성 (고려대학교 경제통계학과 대학원)
  • Received : 2014.01.20
  • Accepted : 2014.02.26
  • Published : 2014.02.28

Abstract

We have examined its current economic conditions and status of the Bangsamoro in Mindanao and derived some important policy recommendation to build the future development plan. For this purpose, we first estimate the economic size and GRDP per capita and investigate next several economic and social indicators such as poverty rate and industrial structure. We find that the Bangsamoro is the least developed region in Philippines whose average income is the lowest and whose poverty rate is the highest in the Philippines. In addition, its industrial structure is very falling behind. Applying simple theory of economic growth, we find that several economic reasons such as lack of private and public investment caused by the political instability, high illiterate rate and less education, incapability of local government account for it. As a result, several policy recommendations are suggested to make the development plan of the Bangsamoro. First, the plan should be very comprehensive and second, it should be a very sustainable one equipped with the long run one and short run one. Third, the plan should be harmonized with that of the central government and those of neighboring local governments. Fourth, it should exploit the assistance of international development organization.

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Acknowledgement

Supported by : 한국연구재단