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Comprehensive Agrarian Reform Program (CARP): time to let go 6

By: 4 0 16, [, ] | [, ] |

Contributor(s): The Philippine Review of Economics. v51, n1 (June 2014) : pp. 1-18 5 6 [] |

Language: Unknown language code Summary language: Unknown language code Original language: Unknown language code Series: ; 46Edition: Description: Content type: text Media type: unmediated Carrier type: volumeISBN: ISSN: 2Other title: 6 []Uniform titles: | | Related works: 1 40 Raul V. Fabella 6 []Subject(s): -- 2 -- 0 -- -- | -- 2 -- 0 -- 6 -- | 2 0 -- | -- -- 20 -- | | -- -- Land Reform;Credit Markets -- Equity;Coase Theorem -- Land Markets -- | -- -- -- 20 -- --Genre/Form: -- 2 -- Additional physical formats: DDC classification: | LOC classification: | | 2Other classification:

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Previous	HC451.P538j.2018 Strategies for Managing Household Water Demand in Carcar City, Cebu , Philippines	HC451.P538j.2018 Philippine Journal of Development.	HC451.P538r.2014 The Philippine Review of Economics	HC451.P538r.2014 Comprehensive Agrarian Reform Program (CARP): time to let go	HC451.P538r.2014 Time to let go of CARP? Not so fast	HC451.P538r.2014 On the cusp of budget transformation:the work for an inclusive budget process under the Aquino administration	HC451.P538r.2014 Recent Philippine budget reforms: separating the chaff from the grain, the whimsical from the real	Next

ABSTRACT : This paper revisits the record of the Comprehensive Agrarian Reform Program (CARP) in the Philippines over its quartercentury existence. By 2014, it shall have accomplished 99 percent of its target-an impressive success for a government program. As a program to advance the economic welfare of farmers, however, it has accomplished the opposite of its stated goals. Productivity in coconut and sugar has fallen drastically, and poverty incidence among beneficiaries in agrarian-reform communities is even higher than among farmers in general. CARP and CARPER (Comprehensive Agrarian Reform Program with Reforms) have created a new social class: the landed poor. The design and implementation flaws that brought about this result are explored, including carp's suppression of the market for land assets and its rigid five-hectare landownership ceiling, which led to the demise of the legal rural financial market and the flight of private capital. The paper argues for a shift in the policy focus henceforth from equity to efficiency, and the revival of markets for rural output and credit by, among others, lifting landownership limits for productive farmers and publicly registered corporations. 56

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