Anti-Development State: The Political Economy of Permanent Crisis in the Philippines

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Author: Walden Bello

ISBN-10: 1842776312

ISBN-13: 9781842776315

Category: Economic Conditions

This book examines how the political system of the Phillippines remains dominated by a competitive elite who oppose any significant attempts to address the country's huge social inequalities. The way out, he argues, is through the wholesale overhaul of the system of governance, leading to a new development strategy based on more, not less, state intervention, the domestic market as the driver of growth, and working together with other countries in the South.

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Seven million Filipinos live or work abroad. One in five wants to emigrate. What has gone wrong in the 20 years since the popular ousting of President Marcos? In this analysis of the roots of failure, Walden Bello shows how the political system remains dominated by a competitive elite who oppose any significant attempts to address the country's huge social inequalities. The way out, he argues, is through the wholesale overhaul of the system of governance, leading to a new development strategy based on more, not less, state intervention, the domestic market as the driver of growth, and working together with other countries in the South.

Introduction : requiem for the EDSA system?1Ch. 1The political economy of permanent crisis9Ch. 2Agrarian reform : the promise and the reality33Ch. 3The neoliberal revolution and the Asian financial crisis91Ch. 4Multilateral punishment : the Philippines in the WTO, 1995-2003131Ch. 5The panacea of privatization189Ch. 6Unsustainable development217Ch. 7Corruption and poverty : barking up the wrong tree?243Conclusion : is there a way out of the national impasse?325

\ From the Publisher\ Whatever subject he tackles, Walden Bello is always thoughtful, trenchant and constructive. He's also an authentic hero of the global justice movement."--Susan George\ "Walden Bello is the world's leading no-nonsense revolutionary."--Naomi Klein, author, No Logo\ \ \ \