International Journal of Social Science & Economic Research
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Title:
MULTI-DIMENSIONAL FACTORS AFFECTING LOCAL ECONOMIC DEVELOPMENT

Authors:
LEOWENMAR A. CORVERA

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LEOWENMAR A. CORVERA
MST- Social Science, Surigao del Sur State University, Philippines

MLA 8
CORVERA, LEOWENMAR A. "MULTI-DIMENSIONAL FACTORS AFFECTING LOCAL ECONOMIC DEVELOPMENT." Int. j. of Social Science and Economic Research, vol. 3, no. 6, June 2018, pp. 2353-2376, ijsser.org/more2018.php?id=162. Accessed 2018.
APA
CORVERA, L. A. (2018, June). MULTI-DIMENSIONAL FACTORS AFFECTING LOCAL ECONOMIC DEVELOPMENT. Int. j. of Social Science and Economic Research, 3(6), 2353-2376. Retrieved from ijsser.org/more2018.php?id=162
Chicago
CORVERA, LEOWENMAR A. "MULTI-DIMENSIONAL FACTORS AFFECTING LOCAL ECONOMIC DEVELOPMENT." Int. j. of Social Science and Economic Research 3, no. 6 (June 2018), 2353-2376. Accessed , 2018. ijsser.org/more2018.php?id=162.

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Abstract:
The study investigates the multi-dimensional factors that have affected the development of the Municipality of Lianga. It made use of qualitative research design using survey, key-informant interview, and documentary analysis methods. The study revealed that more than half of the population is living in poverty. Households who are poor are mostly seen in rural Barangays where economic activities revolve in unstable farming, fishing, and small-scale businesses. Each household is composed of large family sizes where there is strong adherence to traditional beliefs and practices. Further, the development of the place was affected by problems related to peace and order, lack of available jobs for skilled workers, deficiency in financial capital for microentrepreneurs, farmers, and fishers which resulted to low productivity and low incomes by most of the households in the locality. Hence, this paper explicate the importance of multidimensional approach to rural development efforts and suggest that such approach be integrated in the framing of economic development plans to religiously address the factors that contributed to the lagging of growth in the locality.