Political Economy

Bibliographic Data

ID20072033
AuthorsEmmanuel S de Dios, Paul D Hutchcroft
Year2003
Pages45-74
Publication date2003-03-27
Peer ReviewedYes
Open AccessNo
TypeCHAPTER
VenueThe Philippine economy (SOURCE_BOOK)
PublisherOxford University PressNew York (PUBLISHER)
DOI10.1093/0195158989.003.0002
OpenAlexW4250376789
ISBN9780195158984
LanguageEN
Citations received17
References cited120

Provides a brief account of major historical trends in the Philippine political economy. It begins by examining the character of the economic elite that emerged during the country's integration into the world economy in the nineteenth century. It focuses particular attention on the period since 1986 and argues that political and institutional factors are central to understanding the uneven and often lagging character of Philippine economic performance. Four political regimes have been surveyed, each with its notable strengths and weaknesses: (1) Aquino's “modest revolution;” (2) Ramos administration characterized as one of “building reform momentum;” (3) the “flawed experiment” of the Estrada administration; and (4) the “dilemma of normalcy” under the Macapagal–Arroyo administration

Dilemma · Economics · Economy · Elite · Lagging · Political economy · Political science · Politics · Strengths and weaknesses · Law · Migration, Ethnicity, and Economy · Philippine History and Culture · Social Policy and Reform Studies

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