Abstract:
This exploratory research on Socio-Economic Dualism evident in the City of Makati
ventures into the aspects of the city's development and identifies the factors which affected
its growth that resulted to the apparent unbalanced development. It delves on the socioeconomic
status of barangays and their households to establish the disparity asserted in the
research. This study focuses on barangay Magallanes and barangay Post Proper South Side to
provide a more detailed description of the condition. It also considers the response of the
actors involved to distinguish the efforts in minimizing the gap between the affluent and the
underprivileged barangays.
This study employs both qualitative and quantitative methods of research. It used
historical accounts and existing statistics, key informant interviews, and surveys to
effectively establish the asserted socio-economic disparity. It operates on Critical Social
Science approach, with the theories of Historical Materialism and Socio-Economic
Development.
As a result, Socio-Economic Dualism is indeed evident in the City of Makati,
reinforced by the disparity illustrated in the case of Magallanes and Post Proper South Side.
This condition is brought about by actors in development during the city's growth such as the
private sector, the local government, and the population. Indicators of the unbalanced
development arc the socio-economic conditions of the residents in barangays within the CBD
relative to the conditions of residents in its peripheries. The local government of Makati
recognizes the duality in the city but their efforts in responding to this condition do not have
immediate effects in lessening the repercussions of socio-economic dualism to the city and to
its residents.