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Unequal Alliance

The World Bank, the International Monetary Fund and the Philippines

By: Robin Broad

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Paperback | 20 April 1990 | Edition Number 1

At a Glance

Paperback
388 Pages

Dimensions(cm)
2.26 x 1.62 x 0.24

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In this seminal work, U.S. development specialist Robin Broad chronicles the Philippine experiment with the structural adjustment model of development espoused by the World Bank and the International Monetary Fund.

Industry Reviews

"In this cleverly argued attack on the development orthodoxy espoused by the World Bank and the International Monetary Fund (IMF), US economist Robin Broad shows how their prescribed strategy of export-led development has soured the economic prospects of the Philippines. . . . A valuable work."--Jonathan Friedland, "Far Eastern Economic Review

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You Can Find This Book In

Non-Fiction Economics International Economics Earth Sciences, Geography, Environment, Planning Geography Human Geography Economic Geography Politics & Government Accounting & Finance Finance Banking Business & Management

International Business Sociology & Anthropology Anthropology Social & Cultural Anthropology, Ethnography Political Economy Miscellaneous Items

List of Tables	p. xi
List of Figures	p. xiii
List of Abbreviations	p. xv
Preface	p. xvii
Acknowledgments	p. xxv
Introduction	p. 1
The Philippine Setting	p. 1
The Newest International Division of Labor	p. 4
General Analytical Framework	p. 6
The Philippine Transformation	p. 9
New Departures	p. 14
Searching for a Role: The Early Years	p. 20
Origins	p. 21
The Formative Fifties	p. 23
The IMF Takes the Lead	p. 28
Maturation: Bank and Fund Centerstage	p. 36
International Political Configuration	p. 37
Shifting International Division of Labor	p. 41
New Bank and Fund Roles	p. 46
The State Role	p. 55
Negotiating Adjustment: The Industrial Sector	p. 57
A Faltering Facility	p. 59
An Escalating World Bank Presence	p. 63
SAL: The Consensus	p. 70
The Technocrats: Transnationalist Allies	p. 72
Adjustment in Action	p. 81
Tariff Reform	p. 81
Lifting the Import Restrictions	p. 87
De Facto Devaluation	p. 90
Export Promotion	p. 94
The IMF's Hidden Role	p. 98
Slicing the Economic Pie	p. 103
National Entrepreneurs	p. 105
Industrial Wage-Earners	p. 116
Industrialization and the Financial Sector	p. 128
Fathering Domestic Legislation	p. 129
Opening the Floodgates	p. 137
"What It Means to Be a Guinea Pig"	p. 144
Seeding the Central Bank	p. 148
Beyond the Apex Loan	p. 155
Reshaping the Philippines' Political Economy	p. 162
"Separating the Men from the Boys"	p. 163
"Bring in a Foreign Partner"	p. 168
The Triple Alliance	p. 172
Export-Oriented Industrialization: An Assessment	p. 178
Stagnation on Global Markets	p. 179
A Modern Enclave	p. 190
Overall Performance	p. 197
Things Fall Apart: The Rise of Debt, the Fall of Marcos, and the Opportunity for Change	p. 202
The Slide Continues	p. 203
Glory Days?	p. 210
From Bad to Worse: The Philippines, 1983-1986	p. 215
Industry and Finance: The SAL Record	p. 222
Triple Alliance Revisited	p. 228
Rethinking Development	p. 231
Notes	p. 239
List of Persons Interviewed	p. 331
Index	p. 339
Table of Contents provided by Syndetics. All Rights Reserved.

Unequal Alliance

The World Bank, the International Monetary Fund and the Philippines

At a Glance

Paperback

Industry Reviews

Shipping

How to return your order

Defective items

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