Peter Krinks - Economy of the Philippines: Elites, Inequalities and Economic Restructuring

Cover

Page i

The Economy of the Philippines

In the late 1950s, the Philippines economy could reasonably have been described as more advanced than those of its Southeast Asian neighbours. Ever since then however, it has consistently lagged behind and only really started to grow strongly in the mid 1990s and even then it failed to achieve the growth rates of the rest of Southeast Asia ten years earlier.

This excellent book critically analyses the Filipino economy and attempts to explain the problems that it has faced, as well as the solutions that need to be put into practice.

The Economy of the Philippines thoroughly examines the structure of the economy with detailed analyses of such important issues as:

Major industries in the primary, secondary and tertiary sectors

The roles of private capital, labour and the state

Low productivity and recurrent crises in the national economy

The behaviour of socio-economic lites at local and national levels and their control over the state

This accessible and comprehensive book will be of great use to students, academics and business professionals with an interest in the economies of Asia.

Peter Krinks is Honorary Associate in the Department of Human Geography, Macquarie University, Australia.

Page ii

1 The Changing Capital Markets of East Asia

Edited by Ky Cao

2 Financial Reform in China

Edited by On Kit Tam

3 Women and Industrialization in Asia

Edited by Susan Horton

4 Japans Trade Policy

Action or reaction?

Yumiko Mikanagi

5 The Japanese Election System

Three analytical perspectives

Junichiro Wada

6 The Economics of the Latecomers

Catching-up, technology transfer and institutions in Germany, Japan and South Korea

Jan-Sup Shin

7 Industrialization in Malaysia

Import substitution and infant industry performance

Rokiah Alavi

8 Economic Development in Twentieth Century East Asia

The international context

Edited by Alko Ikeo

9 The Politics of Economic Development in Indonesia

Contending perspectives

Edited by Ian Chalmers and Vedi Hadiz

10 Studies in the Economic History of the Pacific Rim

Edited by Sally M. Miller, A. J. H. Latham and Dennis O. Flynn

11 Workers and the State in New Order Indonesia

Vedi R. Hadiz

12 The Japanese Foreign Exchange Market

Beate Reszat

Page iii

13 Exchange Rate Policies in Emerging Asian Countries

Edited by Stefan Collignon, Jean Pisani-Ferry and Yung Chul Park

14 Chinese Firms and Technology in the Reform Era

Yizheng Shi

15 Japanese Views on Economic Development

Diverse paths to the market

Kenichi Ohno and Izumi Ohno

16 Technological Capabilities and Export Success in Asia

Edited by Dieter Ernst, Tom Ganiatsos and Lynn Myatelka

17 Trade and Investment in China

The European experience

Edited by Roger Strange, Jim Slater and Limin Wang

18 Technology and Innovation in Japan

Policy and management for the 21st century

Edited by Martin Hemmert and Christian Oberlnder

19 Trade Policy Issues in Asian Development

Prema-chandra Athukorala

20 Economic Integration in the Asia Pacific Region

Ippei Yamazawa

21 Japans War Economy

Edited by Erich Pauer

22 Industrial Technology Development in Malaysia

Industry and firm studies

Edited by K. S. Jorno, Greg Felker and Rajah Rasiah

23 Technology, Competitiveness and the State

Malaysias industrial technology policies

Edited by K. S. Jomo and Greg Felker

24 Corporatism and Korean Capitalism

Edited by Denis L. McNamara

25 Japanese Science

Samuel Coleman

26 Capital and Labour in Japan

The functions of two factor markets

Toshiaki Tachibanaki and Atsuhiro Taki

27 Asia Pacific Dynamism 15502000

Edited by A. J. H. Latham and Heita Kawakatsu

Page iv

28 The Political Economy of Development and Environment in Korea

Jae-Yang Chung and Richard J. Kirkby

29 Japanese Economics and Economists since 1945

Edited by Aiko Ikeo

30 Chinas Entry into the World Trade Organisation

Edited by Peter Drysdale and Ligang Song

31 Hong Kong as an International Financial Centre

Emergence and development 19451965

Catherine R. Schenk

32 Impediments to Trade in Services

Measurement and policy implication

Edited by Christoper Findlay and Tony Warren

33 The Japanese Industrial Economy

Late development and cultural causation

Ian Inkster

34 China and the Long March to Global Trade

The acceession of China to the World Trade Organization

Edited by Alan S. Alexadroff, Sylvia Ostry and Rafael Gomez

35 Capitalist Development and Economism in East Asia

The rise of Hong Kong, Singapore, Taiwan, and South Korea

Ku-Wai Li

36 Women and Work in Globalizing Asia

Edited by Dong-Sook, S. Gills and Nicola Piper

37 Financial Markets and Policies in East Asia