ADVERTISEMENT“Unless there is development in Mindanao, it is hard to see how the Philippines can achieve sustained and inclusive growth,” the World Bank said. However, in recent years, the World Bank noted that agricultural productivity in Mindanao regressed, resulting in the underdevelopment of the manufacturing and services sectors. Thus, Mindanao’s growth path failed to build on the main comparative advantage: agriculture based on smallholders,” the World Bank said. This drove economic and social injustice, the core cause of violent conflict in Mindanao,” the World Bank added. The World Bank nonetheless admitted that “job creation will not be enough” to resolve the decades-old fighting in Mindanao.

Source: Philippine Daily Inquirer July 17, 2017 18:11 UTC