Central banking as state building : policymakers and their nationalism in the Philippines, 1933-1964 / Takagi Yusuke.

Format:

Book

Government document

Author/Creator:

Takagi, Yusuke, author.

Contributor:

NUS Press, publisher.

Series:

Kyoto CSEAS series on Asian studies ; 17.

Kyoto CSEAS series on Asian studies ; 17

Language:

English

Subjects (All):

Banks and banking, Central--Philippines--History.

Banks and banking, Central.

Banks and banking, Central--Government policy--Philippines--History.

Nationalism--Philippines--History.

Nationalism.

Decolonization.

History.

Colonial influence.

Banks and banking, Central--Government policy.

Philippines--Colonial influence--History.

Philippines.

Decolonization--Philippines--History.

Genre:

History.

Physical Description:

xii, 214 pages : illustrations ; 23 cm.

Manufacture:

Markono Print Media Pte Ltd.

Place of Publication:

Singapore : NUS Press in association with Kyoto University Press, Japan, [2016]

Summary:

From its creation in 1949 until the 1960s, the Central Bank of the Philippines dominated industrial policy by means of exchange controls, becoming a symbol of nationalism for a newly independent state. The pre-war Philippine National Bank was closely linked to the colonial administration and plagued by corruption scandals. As the country moved toward independence, ambitious young politicians, colonial bureaucrats, and private sector professionals concluded that economic decolonization required a new bank at the heart of the country's finances in order to break away from the individuals and institutions that dominated the colonial economy. Positioning this bank within broader political structures, Yusuke Takagi concludes that the Filipino policymakers behind the Central Bank worked not for vested interests associated with colonial or neo-colonial rule but for structural reform based on particular policy ideas. Book jacket.

Contents:

Chapter 1 Nationalism and the Philippine Colonial State, 1872-1933 22

Chapter 2 Beyond the Colonial State, 1933-45 45

Chapter 3 Departure from the Colonial Economy, 1946-50 74

Chapter 4 The Economic Decolonization and the Great Debate, 1951-57 105

Chapter 5 The Central Bank and Economic Nationalism, 1958-61 129

Chapter 6 New Generation and New Policy: Decontrol, 1962-64 155.

Notes:

Includes bibliographical references (pages 184-202) and index.

ISBN:

9789814722117

9814722111

9784876989690

4876989699

OCLC:

945356827