President marcos, multinationals, the world bank, and the u.S. government: Domestic and international political economy of philippines' coconut industry

Gary Hawes, Gretchen Casper

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

President Ferdinand Marcos had given authority to a group of technocrats, who would plan the nation’s path to economic development, and to the military, which had been given free reign to impose order and to prevent strikes or economic disruptions. Under President Corazon Aquino, the Philippines is trying to recover from the economic crisis created by the Marcos regime. The Philippines, with the full support of the World Bank, has retreated to a model of economic development based on increasing agricultural exports. The May 1984 elections, unlike other elections held undermartial law, became “an opportunity to express popular dissatisfaction with the Marcos government”. The economic planners had begun implementing policies which would shift incentives away from producers for the domestic market and toward producers for the world market. The Philippines is the world’s largest producer and supplier of coconut products. In 1976, the country supplied 82 percent of the world’s total requirements for coconut products.

Original languageEnglish (US)
Title of host publicationAgrarian Reform In Reverse
Subtitle of host publicationThe Food Crisis In The Third World
PublisherTaylor and Francis
Pages131-150
Number of pages20
ISBN (Electronic)9780429692901
ISBN (Print)9780367013745
DOIs
StatePublished - Jan 1 2019

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All Science Journal Classification (ASJC) codes

  • Social Sciences(all)

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