Philippine (Metro Manila) Case Study on Municipal Financing

Charlotte Justine Diokno-Sicat

No WP/19/02, MPDD Working Paper Series from United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)

Abstract: Strong economic growth and rapid urbanization in the Philippines in recent years has led to increased pressure on government to provide public infrastructure, goods and services. At the same, this economic expansion serves as an opportunity for the public sector to mobilize resources to accommodate and finance increased public services. This study aims to understand how public financing is carried out in Metropolitan (Metro) Manila by examining governance structures and institutional mandates in revenue mobilization. Metro Manila, also known as the National Capital Region (NCR), is the center of economic, political and educational power (Department of Trade and Industry n.d.) and is comprised of 16 cities and 1 municipality. These local government units (LGUs) have revenue raising and spending authority and autonomy as provided in the 1991 Local Government Code (LGC). At the same time these LGUs are under the jurisdiction of the Metropolitan Manila Development Authority (MMDA). This metropolitan governance structure is a public corporation that coordinates development plans, policies and reforms across all the member sub-national governments.

Keywords: Economic growth; urbanization; public infrastructure; resource mobilization (search for similar items in EconPapers)
Date: 2019-03
New Economics Papers: this item is included in nep-sea and nep-ure
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