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The Modern Principalia is about the Philippine ruling elite--who they are and how they evolved in history. It delves into their economic interests as well as their lifestyles, how they acquired their wealth and built a world of their own. It describes their family links and their interlocking interests with other elites and foreign partners. The book also examines the values and behavior of the elite in politics and government, how they exploit the poverty and ignorance of the masses to win political power, and what they do with that power.
“A good read for anyone who wants to understand what actually determines whether a developing economy will succeed.” —Bill Gates, “Top 5 Books of the Year” An Economist Best Book of the Year from a reporter who has spent two decades in the region, and who the Financial Times said “should be named chief myth-buster for Asian business.” In How Asia Works, Joe Studwell distills his extensive research into the economies of nine countries—Japan, South Korea, Taiwan, Indonesia, Malaysia, Thailand, the Philippines, Vietnam, and China—into an accessible, readable narrative that debunks Western misconceptions, shows what really happened in Asia and why, and for once makes clear why ...
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