Having lost the "fight of the century" to Floyd Mayweather Jr., Filipino boxer Manny "Pacman" Pacquiao now has to deal with a class-action lawsuit accusing him of hiding a shoulder injury before the match. Assuming he can dispatch that case better than he did Mayweather, though, his next challenge is clear: "He's going to be president," promoter Bob Arum recently told TMZ Sports.

Arum, like most boxing impresarios, is admittedly not given to understatement. Still, the scenario he lays out is plausible. Pacquiao, 36, is already a two-term legislator in the Philippines. He plans to run for the senate next year -- a nationwide contest in which his unmatched popularity should serve him well. Six years later, when he'll finally have passed the age threshold to become president, he'll have at least an, er, fighting chance at the nation's highest office. In 2013 polls, almost 40 models, actors and other celebrities (including Pacquiao and his wife, Jinkee) ran for office. In 1998, former actor Joseph Estrada actually became president.

That's exactly the problem, however. As a politician, Pacquiao fits the traditional Filipino mold a little too well. His immense wealth -- according to estimates, he had career earnings of more than $300 million even before the Mayweather bout -- has on the one hand blunted any accusations that he's profited from office. On the other hand, he seems beloved in his constituency of Sarangani, on the southern island of Mindanao, largely because of his generous patronage: He and Jinkee have given supporters fishing boats, land, scholarships and even buffaloes. Pacquiao's record as a congressman is scant; he's sponsored no successful bills. In 2014, he turned up in the legislature only four times.

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Now he's reportedly scheduled to take over a congressional committee that oversees 10 million Filipinos -- about 10 percent of the population -- who work overseas. No doubt Pacquiao, who grew up dirt poor and had to recycle cheap wine bottles to earn extra cash, can empathize more than most pols with Filipinos such as Mary Jane Veloso -- the former domestic worker and accused drug mule whose last-second reprieve from execution in Indonesia riveted the nation last week. (Pacquiao issued a videotaped appeal to save her life.) Another 88 Filipinos remain on death row around the world, while countless others are vulnerable to unscrupulous traffickers, abusive employers and corrupt officials. With his sky-high global profile, Pacquiao should make a good spokesman for their plight.

What Filipino migrants need even more than a champion, though, are policies that will generate good jobs at home. Although the remittances these workers send back -- which reached a record-high$24.3 billion in 2014 -- are crucial to alleviating poverty, they do little to further economic growth in the Philippines. Indeed, according to researchers at the International Monetary Fund, "no nation can credibly claim that remittances have funded or catalyzed significant economic development." To the contrary, a brain drain deprives the Philippines of some of its most skilled and productive workers, while the departure of one parent often leaves broken families at home. On Monday, Indonesia banned sending maids to 21 Middle Eastern countries accused of human-rights abuses and low pay, part of President Joko Widodo's plan to end such labor exports entirely.

As Widodo's February edict suggests, it's not impossible to reverse even a massive outflow of workers. India and China, for instance, have recently seen high-skilled workers return home in large numbers. The way to make this happen is to improve infrastructure and create clusters of high-tech businesses integrated into the global system, so that workers need not fear regressing in their careers if they come back. For lower-skilled workers, increasing urbanization and a shift toward services and higher-end manufacturing should reduce underemployment and lift wages, making up for any loss in remittances.

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Pacman has had little to say about any of this -- before or after his Las Vegas defeat. That's not to say he doesn't mean well, or that he won't always be beloved by Filipinos for his exploits in the ring. In theory, he could surround himself with smart advisers and study up on key issues, training for higher office as he might for a championship bout. If he doesn't want to do that, he might consider taking a break from politics as well as pugilism.

Nisid Hajari writes editorials on Asia.