Abstract
This article examines market-led agrarian reform (MLAR) and its variants in the form of voluntary land transfer schemes under the Comprehensive Agrarian Reform Program (CARP) in the Philippines. Analysis of MLAR variants in the Philippines offers a preview of what is likely to happen when the MLAR model currently being pushed by the World Bank is implemented in the real world: Not only do MLAR and MLAR-like schemes fail to promote redistributive reform, they also undermine potentially redistributive state-led land reform policies.
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