Political Dynasties, Business and Poverty in the Philippines
Ateneo School of Government Working Paper Series 19-002
33 Pages Posted: 28 Mar 2019
Date Written: March 5, 2019
Using data covering local political leadership in the Philippines between 2004 and 2016, we examine the empirical relationship between political dynasties, business dynamism and underdevelopment in the Philippine countryside. Our empirical analysis reveals how business can serve as a countervailing force against the concentration of power by political dynasties, mitigating their negative impact on development and poverty. Hence both indirectly (by serving as a counterweight on politicians) and directly (by offering citizens an alternative to patronage), we may see weaker effects of political power concentration in some provinces where economic and business dynamism is stronger. We end the paper with an outline of areas for further research, in order to better understand the interaction of political and economic power in the Philippine countryside, with directions that are perhaps useful in other country contexts as well.
Keywords: Political Dynasties, Business Dynamism, Underdevelopment
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