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Challenges and Opportunities in the Philippine Blue Economy: A Systematic Literature Review Campos, Karl; Masita, Elly Dwi; Agustina, Heni
Community Development Journal Vol 8 No 1 (2024): Community Development Journal
Publisher : Universitas Nahdlatul Ulama Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33086/cdj.v8i1.5307

Blue Economy is an emerging concept that focuses on the sustainable utilization of ocean resources. The Philippines, being an archipelagic country, has a vast potential for Blue Economy development. This paper aims to provide a comprehensive review of the Blue Economy in the Philippines. The study examines the current state of the Blue Economy, identifies the challenges, and presents strategies for sustainable development. The review of literature includes research articles, policy documents, and relevant reports. The study used a qualitative research design, relying on secondary data analysis. The results show that the Philippines has significant potential for Blue Economy development, but the challenges include overfishing, pollution, and climate change. The paper concludes that sustainable development of the Blue Economy in the Philippines requires coordinated efforts from various stakeholders, including government, private sector, civil society, and the international community. This novel review of the emerging blue economy concept in the Philippines emphasizes its opportunities, challenges, and the need for multi-stakeholder collaboration for sustainable development, supported by an extensive analysis of diverse literature sources.

Challenges and Opportunities in the Philippine Blue Economy: A Systematic Literature Review Campos, Karl
Journal of Interdisciplinary Socio-Economic and Community Study Vol. 4 No. 1 (2024): June 2024
Publisher : Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jiscos.04.1.05

Blue Economy is an emerging concept that focuses on the sustainable utilization of ocean resources. The Philippines, being an archipelagic country, has a vast potential for Blue Economy development. This paper aims to provide a comprehensive review of the Blue Economy in the Philippines. The study examines the current state of the Blue Economy, identifies the challenges, and presents strategies for sustainable development. The review of literature includes research articles, policy documents, and relevant reports. The study used a qualitative research design, relying on secondary data analysis. The results show that the Philippines has significant potential for Blue Economy development, but the challenges include overfishing, pollution, and climate change. The paper concludes that sustainable development of the Blue Economy in the Philippines requires coordinated efforts from various stakeholders, including government, private sector, civil society, and the international community. This novel review of the emerging blue economy concept in the Philippines emphasizes its opportunities, challenges, and the need for multi-stakeholder collaboration for sustainable development, supported by an extensive analysis of diverse literature sources.

Issues in Philippine Public Procurement: A Content Analysis of Commission on Audit Annual Audit Reports Imasa, Dean Aljohn; Campos, Karl
Community Development Journal Vol 8 No 3 (2024): Community Development Journal
Publisher : Universitas Nahdlatul Ulama Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33086/cdj.v8i3.6577

Public procurement, the acquisition of goods, services, and works by government entities, is a crucial governance mechanism involving nongovernment players to achieve policy objectives. Despite the Philippines' Government Procurement Reform Act (GPRA) aiming to streamline and standardize procurement processes, corruption, delays, and inadequate management persist. This study comprehensively analyzes public procurement concerns in the Philippines using the Commission on Audit (COA) Annual Reports from 2012 to 2022. Employing directed content analysis with inductive coding, the study identifies 42 weaknesses in public procurement, categorized into procurement management, strategy and planning issues, execution and delivery challenges, financial and budgetary concerns, documentation and compliance gaps, and procurement method issues. Among these, the most frequent issues include inadequate preparation and planning, delayed document submission for audits, and unauthorized or delayed contract awards. Findings indicate significant documentation and compliance gaps, which align with international studies and highlight the need for better management and strategic planning in Philippine public procurement. The study's results suggest that procurement activities in the Philippines require more thorough planning and oversight to avoid dire future consequences. Limitations of the study include the reliance on secondary data and a sample limited to seven government-owned and controlled corporations. Future research should incorporate primary data, larger samples, and inferential analysis to understand better and address procurement challenges. Overall, this study contributes to the literature on public procurement, offering valuable insights for policymakers and stakeholders aiming to enhance procurement processes and achieve greater government accountability.

Sustainability in Fast Fashion: A Study on the Understanding of Youth Consumers Malig-on, Jea; Campos, Karl
Inclusive Society and Sustainability Studies Vol. 4 No. 1 (2024): August Volume
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/issues.v4i1.2191

Fast fashion refers to the practice of imitating high-end designer apparel at a lower cost. The low cost of these apparels is achieved by using inferior and unsustainable materials and exploiting workers for long hours and low wages. This study is about the awareness, buying intentions, and actions of students in Davao City about sustainability issues in the fast fashion sector. It aims to suggest innovative ways to change young consumers’ attitudes and behaviors toward sustainability in fast fashion. For the study, 5 participants are interviewed. The participants interviewed were chosen through purposive sampling. The participants are female 18-19 years old from varying socioeconomic backgrounds. Specifying the participants’ characteristics allows the researcher to gain an understanding of the relationship between consumer consciousness, purchase intentions, and behavior in the fast-fashion industry. The results show that young consumers have varying degrees of understanding about fast fashion and sustainability. This research shows that governments, fashion labels, and organizations interested in sustainable development can use this information to develop sustainable development plans. Public awareness can be improved to reduce youth unsustainability through effective policies, enabling various stakeholders to provide eco-friendly options when dealing with the problem. The generalizability of the results to a larger population can be improved by employing more diverse sample groups. Furthermore, utilizing different approaches and sampling strategies can increase the study's relevance and validate the findings.

The Impact of Social Media on Individual's Attitudes and Perceptions in Davao City, Philippines Grenien, Daniel Suarez; Campos, Karl
Journal of Economics Education and Entrepreneurship Vol 4, No 1 (2023): JEE, April 2023
Publisher : Program Studi Pendidikan Ekonomi FKIP Universitas Lambung Mangkurat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20527/jee.v4i1.6846

Social media and digital marketing are increasingly being used as a strategic tool for increasing brand awareness and running marketing campaigns. Moving away from the era of traditional or mass media, marketers can track brand competitors and have more measurable campaign results by using social media and digital marketing. Consumer behavior require businesses to craft marketing tactics in this social media driven era. This study seeks to examine how social media affects consumer views toward social media marketing and how they behave when making purchases. A survey was administered to 122 participants at Davao City looking at the perspective of the respondents toward social media marketing. The results of the study showed that social media marketing has the potential to drive the revenue of businesses. Moreover, the conduct of the study was able to identify that customers perception towards social media marketing factors has a significant effect in their purchases.

IMPACT OF LOSS AVERSION TO THE MARKET IN THE PHILIPPINES Samontina, Mary Christine; Campos, Karl
Kusa Lawa Vol. 5 No. 1 (2025): Jurnal Kusa Lawa
Publisher : Fakultas Ilmu Budaya, Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.kusalawa.2022.05.01.05

Loss aversion, a cognitive bias where people weigh potential losses more heavily than equivalent gains, has been extensively studied in behavioral economics (Liu, 2023). This review will explore the factors that condition loss aversion in decision-making: age, education, experience, and cultural norms. All these influences further shape the way people respond to financial decisions, although typically the more experienced or older the person is, the more level-headed he will be in his response to loss. Cultural and social influences play a huge part, especially in the way that societal values can either augment or dampen loss. Marketers have led such consumer behavior over the years by using loss aversion to develop odd-even pricing, product bundling and time-limited offers that attract attention through a false sense of urgency or value for selling more and maximizing profits. The paper promotes rationalistic choice for consumers arguing that increased awareness about loss aversion increases the understanding and balancing features in the choice process. It would occur by increasing the level of financial literacy and understanding of the psychological drivers behind people's decisions, ensuring consumers would avoid impulsive decisions in marketing tactics. The review relied more on the reality of loss aversion in the degree of consumer behavior and marketing. Keywords: loss aversion, cognitive biases, behavioral economics, consumer decision-making

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