Central Banking as State Building
Central Banking as State Building
Central Banking as State Building
Central Banking as State Building
Central Banking as State Building

Central Banking as State Building

 

Policymakers and Their Nationalism in the Philippines, 1933–1964

Yusuke Takagi

 

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About the book: 
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 policy makers 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.

Specifications:
Publication Date: 2016
Language: English
Format: Softcover 
Pages: 232 pp.
Size: 152.4 mm x 288.6 mm
ISBN: 9789715507578