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about the book

In the Marcos era, from the 1960s to the 1980s, the benefits of economic growth conspicuously failed to 'trickle down'. Despite rising per capita income, broad sectors of the Filipino population experienced deepening poverty. Tracing this outcome to the country's economic and political structure, Professor Boyce focuses upon three central elements of the government's development strategy: the 'green revolution' in rice agriculture; the primacy accorded to export agriculture and forestry; and massive external borrowing.

Published in association with the OECD Development Center.

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Praise for The philippines

“Rigorous analysis, solid evidence, clear prose, and a sense of engagement. That Boyce has written an impressive and important work is as undeniable as the economic wreckage Ferdinand Marcos left behind.”

Journal of Economic History

“Boyce holds a mirror to the model pursued by international lending and development agencies and shows it to be deeply flawed.”

Journal of Developing Areas