Central banking as state building: policymakers and their nationalism in the Philippines, 1933-1964
In: Kyoto CSEAS series on Asian studies 17
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In: Kyoto CSEAS series on Asian studies 17
In: Journal of contemporary East Asia studies, Band 11, Heft 2, S. 329-345
ISSN: 2476-1036
In: The Philippine review of economics: a joint publication of the University of the Philippines, School of Economics and the Philippine Economic Society, Band 57, Heft 2, S. 49-68
After the galleons, Benito J. Legarda's masterpiece on socioeconomic transformation after the galleon trade, has enriched our knowledge of the semi-open colonial economy in the 19th-century Philippine Islands, which witnessed the rise of nationalism at the end of that century. In this paper, I shed new light on the nature of the Ilustrados' nationalism and their international activism by revisiting the life of the country's "first diplomat", Felipe Agoncillo, who battled in vain to achieve independence through a diplomatic channel. While class politics tends to be a focal point of the scholarly debate over the Ilustrados' nationalism, this paper highlights the international dimensions of their advocacy. Agoncillo's mission in the United States and Europe seems a reasonable option from our perspective, which has been shaped by the norm of modern diplomacy, but it was a risky adventure considering the overwhelming influence of imperialism. Why did Agoncillo conclude they had to send a mission? What kinds of negotiation strategies did they have? Combining Legarda's global insights on the Philippines' colonial economy with Agoncillo's ideational and actual travel, this paper reveals how Philippine nationalism and internationalism created a nexus whose legacy exists in current Philippine diplomacy, one of whose achievements was the award of the arbitration case over the South China Sea in 2016.
In: Philippine political science journal, Band 38, Heft 1, S. 28-47
ISSN: 2165-025X
In: Philippine political science journal, Band 37, Heft 1, S. 67-69
ISSN: 2165-025X
In: Emerging-Economy State and International Policy Studies
This open access book modifies and revitalizes the concept of the 'developmental state' to understand the politics of emerging economy through nuanced analysis on the roles of human agency in the context of structural transformation. In other words, there is a revived interest in the 'developmental state' concept. The nature of the 'emerging state' is characterized by its attitude toward economic development and industrialization. Emerging states have engaged in the promotion of agriculture, trade, and industry and played a transformative role to pursue a certain path of economic development. Their success has cast doubt about the principle of laissez faire among the people in the developing world. This doubt, together with the progress of democratization, has prompted policymakers to discover when and how economic policies should deviate from laissez faire, what prevents political leaders and state institutions from being captured by vested interests, and what induce them to drive economic development. This book offers both historical and contemporary case studies from Japan, South Korea, Taiwan, Singapore, Indonesia, Malaysia, Myanmar, Ethiopia, Kenya, and Rwanda. They illustrate how institutions are designed to be developmental, how political coalitions are formed to be growth-oriented, and how technocratic agencies are embedded in a network of business organizations as a part of their efforts for state building.