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Official Gazette
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Philippine Yearbook
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BLS Report
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Report
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And Justice For All
Being an American citizen born outside the United States in the forties and fifties was pretty commonplace. World War II had taken its toll and influenced many people's lives; the war is over but not forgotten. Many servicemen encountered loneliness, displacement, and depression in their military leaves away from their country, families, and friends and found solace in the arms of beautiful, passionate, loving women in different countries all over the world. They started new lives, new families, and encountered numerous business opportunities in countries that suffered from the devastation of war. My father was one of the men who saw the needs of a country and the potential for development o...
Tableau
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Central Banking as State Building
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.
