Booty Capitalism : : The Politics of Banking in the Philippines / / Paul D. Hutchcroft.

In the early postwar years, the Philippines seemed poised for long-term economic success; within the region, only Japan had a higher standard of living. By the early 1990s, however, the country was dismissed as a perennial aspirant to the ranks of newly industrializing economies, unable to convert i...

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Superior document:Title is part of eBook package: De Gruyter Cornell University Press Archive Pre-2000
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Place / Publishing House:Ithaca, NY : : Cornell University Press, , [2019]
©1998
Year of Publication:2019
Language:English
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Physical Description:1 online resource (296 p.) :; 7 halftones, 5 tables
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Table of Contents:
  • Frontmatter
  • Contents
  • Preface
  • List of Abbreviations
  • Introduction
  • 1. The Political Foundations of Booty Capitalism in the Philippines
  • 2. The Foundations of Modern, Rational Capitalism: "Bringing Political Arbitrariness to Heel"
  • 3. Patrimonial States and Rent Capitalism: The Philippines in Comparative Perspective
  • 4. Private Interests and Public Resources: The Historical Development of the Philippine Banking System
  • 5. "Open Sesame": The Emergence of Private Domestic Commercial Banks, 1960-1972
  • 6. Bank Reform and Crony Abuses: The Martial Law Regime Deals with the Banking Sector, 1972-1980
  • 7. Further Reform, Further Failure: Technocrats, Cronies, and Crises, 1980-1983
  • 8. Cleaning Up: The Fernandez Years, 1984-1990
  • 9. Death, Resurrection, and Renovation: The Philippine Banking Sector in the 1990s
  • 10. The Philippine Political Economy at the Crossroads
  • Appendix 1: Total Assets, Philippine Commercial Banking System, 1900-1995
  • Appendix 2. Total Assets, Philippine Commercial Banks (by Rank and by Percentage of Total Assets of all Commercial Banks), Year-End 1955-1995
  • Appendix 3. Concentration Ratios (Based on Total Assets of Largest Commercial Banks), 1960-1995
  • List of Interviews
  • Subject Index
  • Author Index