CHANGING LIVES FROM BEPZ TO FAB: THE IMPACT OF EPZ TO THE SOCIO-ECONOMIC AND CULTURAL LIFE OF THE INHABITANTS OF MARIVELES BATAAN

Abstract: The Bataan Export Processing Zone  (BEPZ) plays an important  role in the industrialization of the  country  as  cited  in  many  existing  studies.  This  article,  moreover,  is  an  assessment  of  the impact of the Export Processing Zone not on the national economy but particularly on the local community of Mariveles in the province of Bataan in the Philippines. The article is a historical description  with  a  view of  sharing  the  synoptic picture  of  changes  related  to  the  socio-cultural and  economic  life  of  the  inhabitants  of  the  town  of  Mariveles  Bataan  as  brought  about  by  the development of the export-processing zone and the Freeport area. The methodology used in this research  is  qualitative  approach  supplemented  by  a  descriptive  statistics  derived  from  primary and secondary sources of information. Finally, the article disputes the argument of some critics that there is no gain in the establishment of the EPZ because the government and foreign loans heavily  fund  it.  The  Bataan  Export  Processing  Zone  is  successful  with  reference  to  the attainment of its main objective of increasing domestic employment. The socio-economic benefits resulted  from  the  establishment  of  the  economic  zone  and  the  provisions  of  the  infrastructure external to the zone proper have positive spillover on the local community and eventually on the national economy.
Penulis: Rosaly P. Malate
Journal Code: jpsejarah&umumgg150007

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