Behind the Veil of Conflict | Moving towards economic integration for sustained development and peace in Mindanao, Philippines

Abstract:

Weak economic performance over past decades has left Mindanao with much less economic density than the rest of the Philippines (figure 1). Robust economic activities concentrate in only five cities: General Santos, Cagayan de Oro, Iligan, Davao, and Zamboanga, with 2000–2006 growth rates ranging from 2.4 percent (Zamboanga City) to 5.4 percent (General Santos). Mindanao’s other cities and municipalities grew less than 1.5 percent, about three-quarters of them having zero or negative growth. Such low density results in wide income disparities among the various regions in Mindanao, impeding further economic growth. Many families at the bottom rung of the income ladder in lagging areas lack the ability to generate savings and finance any accumulation of human and physical capital, causing a transmission of poverty across generations.

Info
Source InstitutionWorld Bank
Source URLhttp://siteresources.worldbank.org/INTPHILIPPINES/Resources/Behind_the_Veil_of_Conflict.pdf
Page Count88
Place of PublicationPasig City
Original Publication DateMay 1, 2010
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