Money, finance and capital in the Philippines

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Response to 1997 World Bank Development Report Msg
By Kim Scipes, Friday 27 June 1997. Makes a few comments that will probably be old stuff to those who have focused much attention on the WB and/or IMF, but feels it worthwhile to remind folks. Only by reading between the lines could one realize that the World Bank was a MAJOR actor in Philippine development in the 1970s and 1980s.
Beware World Bank advice: Reality is different than claims
By Kim Scipes, opinion, The New York Times, 1 November 1997. The World Bank, along with the International Monetary Fund (IMF), has long been promoting the East Asian countries as successes, and suggesting that their approaches to development should be the model for countries throughout the world. Recent events certainly question this World Bank analysis.
Postcard from the Philippines—Domestic Currency Crisis
BBC, East Asia Today, [27 January 1998]. The currently crisis different in the Philippines and one entirely of the Philippines' own making. The Central Bank declared that at the beginning of 1997 all but the most modern set of coins would cease to be legal tender.
Intel, Acer, Ford to invest in the Philippines
Asia Pulse/PNA, Asia Times, 11 May 1999. As another sign of continued investor confidence, at least two leading foreign electronics companies plan to expand their operations in the Philippines, while an automotive giant is currently setting up its new plant here.
Global Economic Crisis, Neoliberal Solutions, and the Philippines
By Kim Scipes, Monthly Review, December 1999. The economic crisis that has been affecting the global economy for the last two and a half years started in East Asia. We've heard story after story about the problems, but we've heard almost nothing about the situation in the Philippines.