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World Affairs Online
The effects of the U.S. military bases on the Philippine economy
In: Contemporary Southeast Asia, Band 11, Heft 4, S. 306-333
ISSN: 0129-797X
The U.S. military bases in the Philippines do contribute to the Philippine economy, but the extent of this contribution remains in dispute between supporters and opponents of the bases. The compensation the USA pays for the retention of the bases has increased from US $ 500 million for five years, as negotiated in 1979, to US $ 962 million for two years, negotiated most recently in 1988. Compensation will remain a crucial issue as the two countries prepare for the next round of negotiations to begin early 1990. Employment opportunities, local procurement of base goods and services, and personal spending by those Americans assigned to the bases are other important economic contributions derived from the presence of the bases. (DÜI-Sen)
World Affairs Online