PSU President Bradecina delivers conference lecture on ‘Malabungot’ total economic valuation

With the theme “Ascertaining the Current States of the Bicol Region’s Economy and Economics Education”, the Bicol Economics Congress was held on 29-30 August 2019 at the Bicol Regional Food Innovation and Commercialization Center (BRFICC) Amphitheater, Bicol University East Campus, BUCIT Road, Legazpi City. It was organized by the Partido State University (PSU) through the Partido Institute of Economics (PIE), Philippine Economic Society (PES), Commission on Higher Education (CHED) Regional Office  (RO) V, Bangko Sentral ng Pilipinas (BSP), National Economic and Development Authority (NEDA), De La Salle University (DLSU), Ateneo de Naga University (ADNU), Bicol University (BU), and Ligao Community College (LiComCo).



Day 1 highlights included the opening program, Plenary Session 1 (Understanding conditions, addressing challenges, and enhancing prospects of the regional economy), Plenary Session 2 (Influencing Curriculum Development: The Role of Quality Assurance), Sessions on the Economics Curriculum, and the Fellowship Night. Resource speakers were PES President and DLSU School of Economics (SOE) Prof. Lawrence Dacuycuy, NEDA Asec. Carlos Bernardo Abad Santos, DLSU Prof. Myrna Austria, UPLB Graduate School Dean Jose Camacho Jr., DLSU SOE Department Chair Arlene Inocencio, DLSU SOE Assistant Dean Mariel Monica Sauler, and CHED ROV Education Supervisor II Christian Rivero. Reactors in the various plenary sessions were NEDA Regional Director and PSU Regent Agnes Espinas-Tolentino, BSP Deputy Director Tomas Clariño Jr., Dr. Camacho, DLSU SOE Dean Marites Tiongco, and BU College of Business, Economics and Management Dean Eddie See. The day was capped by a fellowship night participated in by economics professionals and graduate students.



Day 2 highlights included Plenary Session 3 (Development Research that Matter in the Regions) by NEDA Usec. Adoracion Navarro, A session on the “Total Economic Value of Malabungot Protected Landscape and Seascape Garchitorena, Camarines Sur, for Sustainable Ecosystem Governance” by PSU President Raul Bradecina,, Session on “Monitoring Poverty at the Local Level” by DLSU SOE Prof. Alellie Sobrevinas, Training Session on Financial Literacy and Economic Literacy by BSP Acting Deputy Director Arnel Salva and BSP Bank Officer V Faith Cacnio, and Technical Training Parallel Sessions. The panel of reactors for Plenary Session 3 was composed of Dr. Bradecina, Ms. Cacnio, and Department of Science and Technology OIC-Regional Director Emelita Bagsit. There were training sessions on Using R for Econometric Analysis, Impact Evaluation, Experimental Economics, and Economic Research for Undergraduate Students. Such trainings were facilitated by PES members and DLSU professors.



PIE Director Rolan Jon G. Bulao, economics instructors Enrique C. Pilapil III and Kevin C. Baltar, political science instructor Darren Ramon C. Avestruz, and 19 BS Economics (BSEcon) students formed the official delegation of PSU to the congress. There were 22 participating institutions, which included four government agencies, 11 private schools, five state universities and colleges, and two community colleges. This translates to 146 registered individual participants, composed of 66 professionals, 73 undergraduate students, and seven graduate students.



The Bicol Economics Congress is a joint effort of various organizations and higher education institutions in support of the Philippines’s long-term vision, dubbed AmBisyon Natin 2040, that “by 2040, Filipinos enjoy a strongly rooted, comfortable, and secure life”. It is part of CHED’s month-long celebrations on the 52nd foundation anniversary of the Southeast Asian Nations and one of the PIE’s academic activities for the enrichment of the BS Economics (BSEcon) curriculum.

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