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The Politics of Economic Reform in the Philippines the Case of Banking Sector Reform Between 1986 and 1995
The Politics of Economic Reform in the Philippines The Case of Banking Sector Reform between 1986 and 1995 A thesis submitted for the degree of PhD School of Oriental and African Studies (SOAS) University of London 2005 Shingo MIKAMO ProQuest Number: 10673052 All rights reserved INFORMATION TO ALL USERS The quality of this reproduction is dependent upon the quality of the copy submitted. In the unlikely event that the author did not send a com plete manuscript and there are missing pages, these will be noted. Also, if material had to be removed, a note will indicate the deletion. uest ProQuest 10673052 Published by ProQuest LLC(2017). Copyright of the Dissertation is held by the Author. All rights reserved. This work is protected against unauthorized copying under Title 17, United States C ode Microform Edition © ProQuest LLC. ProQuest LLC. 789 East Eisenhower Parkway P.O. Box 1346 Ann Arbor, Ml 48106- 1346 2 Abstract This thesis is about the political economy of the Philippines in the process of recovery from the ruin of economic crisis in the early 1980s. It examines the dynamics of Philippine politics by focussing on banking sector reform between 1986 and 1995. After the economic turmoil of the early 1980s, the economy recovered between 1986 and 1996 under the Aquino and Ramos governments, although the country is still facing numerous economic challenges. After the "Asian currency crisis" of 1997, the economy inevitably decelerated again. However, the Philippines was seen as one of the economies least adversely affected by the rapid depreciation of its currency. The existing literature tends to stress the roles played by international financial structures, the policy preferences of the IMF, the World Bank and the US government and the interests of the dominant social force as decisive factors underlying economic and banking reform policy-making in the Philippines. -
Ayala 180 Years 6 Chairman’S Message 10 President’S Report 12 Board of Directors 20 Management Committee 22
ELectronics Manufacturing services (EMS) Revenues in Billion US$ The rapid rise of post-PC platforms has led to startling changes in our wireless world. From phones to smartphones, from PCs to tablets, from car dashboards to wearables— technology today is pervasive and ubiquitous. This has led to an unprecedented surge in demand for electronics and has transformed the competitive landscape for global electronics manufacturing services. With total EMS industry revenues projected to hit at least US$283.9 billion by 2016, we at IMI are confident that we can capture a sizable proportion of the EMS market over the next several years. Already a globally respected Top 20 player, we continue to aggressively pursue new opportunities and accelerate our drive to expand across multiple markets. By leveraging our deep bench of industry experience, technical capabilities, and global footprint, we believe that IMI’s growth strategy is sustainable and will propel us into the elite ranks of the world’s top EMS providers by 2020. B INTEGRATED MICRO-ELECTRONICS, INC. 2013 Annual Report and Sustainability Report Contents ANNUAL REPORT About IMI 2 Ayala 180 Years 6 Chairman’s Message 10 President’s Report 12 Board of Directors 20 Management Committee 22 SUSTAINABILITY REPORT Good Governance 25 Workplace Initiatives 26 Corporate Social Responsibility 28 Environment, Health, and Safety Program 30 Green Manufacturing 32 GRI Indicators 34 FINANCIAL REPORT Report of the Audit Committee to the Board of Directors 38 Statement of Management’s Responsibility for the -
2014-10-2 Final R.Pdf
J. Glob. Bus. Trade Vol. 10 No. 2 (November 2014), 1-15 1 ISSN 1946-5130 Journal of Global Business and Trade www.iagbt.com Perceptions of UP Los Banes Agribusiness Management Graduates on Their Job Preparedness Jewel Joanna S. Cabardoa and Jeanette Angeline B. Madambab a Department of Agribusiness Management and Entrepreneurship, College of Economics and Management, University of the Philippines Los Baños, Philippines b Department of Agribusiness Management and Entrepreneurship, College of Economics and Management, University of the Philippines Los Baños, Philippines Received 5 August 2014 Revised 20 September 2014 Accepted 16 October 2014 ABSTRACT This study primarily assessed the Bachelor of Science in Agribusiness Management (BSABM) degree program of UP Los Baños (UPLB) through its graduates’ perceptions of their readiness on the job front. Specifically, the study focused on ascertaining the career paths taken by the graduates after attaining their degrees, identifying which subjects/skills the graduates perceived as having contributed to their job preparedness, determining the factors affecting the graduates’ perception of their job readiness and recommending changes for the improvement of the BSABM curriculum based on suggestions obtained from the respondents. Data collection was done through a survey of 150 BSABM alumni selected through purposive sampling. Results from descriptive data analysis indicated that career paths, demographic characteristics, parameters pertaining to college life and job satisfaction indicated the respondents’ preparedness for their jobs. Perceived gaps in their training by the graduates were recognized to suggest changes for the improvement of the BSABM curriculum. Keywords: agribusiness, curriculum, job, management, perceptions, preparedness Ⅰ. Introduction1 can be viewed as an improvement of human resources as preparation for foreign competition here and abroad It is widely touted that human capital is a nation’s but also as an investment in human capital and part of wealth. -
With a Compendium of Recollections and Tribute Pieces from Bancom Alumni and Friends
The ebook version of this book may be downloaded at www.xBancom.com This Bancom book project was made possible by the generous support of mr. manuel V. Pangilinan. The book launching was sponsored by smart infinity copyright © 2013 by sixto K. roxas Bancom memoirsby sixto K. roxas With a Compendium of Recollections and Tribute Pieces from Bancom Alumni and Friends Edited by eduardo a. Yotoko Published by PLDT-smart Foundation, inc and Bancom alumni, inc. (BaLi) contents Foreword by Evelyn R. Singson 5 Foreword by Francis G. Estrada 7 Preface 9 Prologue: Bancom and the Philippine financial markets 13 chapter 1 Bancom at its 10th year 24 chapter 2 BTco and cBTc, Bliss and Barcelon 28 chapter 3 ripe for investment banking 34 chapter 4 Founding eDF 41 chapter 5 organizing PDcP 44 chapter 6 childhood, ateneo and social action 48 chapter 7 my development as an economist 55 chapter 8 Practicing economics at central Bank and PnB 59 chapter 9 corporate finance at Filoil 63 chapter 10 economic planning under macapagal 71 chapter 11 shaping the development vision 76 chapter 12 entering the money market 84 chapter 13 creating the Treasury Bill market 88 chapter 14 advising on external debt management 90 chapter 15 Forming a virtual merchant bank 103 chapter 16 Functional merger with rcBc 108 chapter 17 asean merchant banking network 112 chapter 18 some key asian central bankers 117 chapter 19 asia’s star economic planners 122 chapter 20 my american express interlude 126 chapter 21 radical reorganization and BiHL 136 chapter 22 Dewey Dee and the end of Bancom 141 chapter 23 The total development company components 143 chapter 24 a changed life-world 156 chapter 25 The sustainable development movement 167 chapter 26 The Bancom university of experience 174 chapter 27 summing up the legacy 186 Photo Folio 198 compendium of recollections and Tribute Pieces from Bancom alumni and Friends 205 4 Bancom memoirs Bancom was absorbed by union Bank in 1981. -
Title Zaibatsu Development in the Philippines: the Ayala Model
Title Zaibatsu Development in the Philippines: The Ayala Model Author(s) Batalla, Eric Vincent C. Citation 東南アジア研究 (1999), 37(1): 18-49 Issue Date 1999-06 URL http://hdl.handle.net/2433/56704 Right Type Departmental Bulletin Paper Textversion publisher Kyoto University Southeast Asian Studies, Vol. 37, No. 1, June 1999 Zaibatsu Development in the Philippines: The Ayala Model Eric Vincent C. BATALLA* Abstract This article discusses the ability of the family firm to grow for several generations by examining the case of the Ayala group in the Philippines. Such an ability, called here as generational growth, has been the subject of debate regarding the future of the family firm and the zaibatsu, which is a special type of family firm. Two features that distinguish Ayala as a model are 1) the ability of the family to maintain ownership and management control for generations and 2) the rejection of the use of political influence for rent seeking. An examination of Ayala's ownership-management system points to strategies em ployed for the preservation of the family's position within the firm. The quality and process of such preservation, which family members called stewardship, is also consistent in family and firm's political behavior. The paper proposes that the adoption of superior stewardship strategies accompanied by skillful entrepreneurship would ensure the family's continued ownership-management of the zaibatsu. I Introduction Following their predominance in prewar Japan, zaibatsu have sprouted in various parts of Asia. The term zaibatsu is used here to refer to large conglomerates owned or controlled by a particular family (or clan).o Because of its ability to grow to such proportion, a zaibatsu could be treated as a special type of family firm. -
Zaibatsu Development in the Philippines: the Ayala Model
Southeast Asian Studies, Vol. 37, No. 1, June 1999 Zaibatsu Development in the Philippines: The Ayala Model Eric Vincent C. BATALLA* Abstract This article discusses the ability of the family firm to grow for several generations by examining the case of the Ayala group in the Philippines. Such an ability, called here as generational growth, has been the subject of debate regarding the future of the family firm and the zaibatsu, which is a special type of family firm. Two features that distinguish Ayala as a model are 1) the ability of the family to maintain ownership and management control for generations and 2) the rejection of the use of political influence for rent seeking. An examination of Ayala's ownership-management system points to strategies em ployed for the preservation of the family's position within the firm. The quality and process of such preservation, which family members called stewardship, is also consistent in family and firm's political behavior. The paper proposes that the adoption of superior stewardship strategies accompanied by skillful entrepreneurship would ensure the family's continued ownership-management of the zaibatsu. I Introduction Following their predominance in prewar Japan, zaibatsu have sprouted in various parts of Asia. The term zaibatsu is used here to refer to large conglomerates owned or controlled by a particular family (or clan).o Because of its ability to grow to such proportion, a zaibatsu could be treated as a special type of family firm. However, there is a prevailing view in economics as well as in business history that expansion and growth exert serious pressures for the transformation of family firms to other forms of modern enterprise, especially the managerial enterprise [Chandler 1980: 13-14]. -
Ayala Museum
AYALA FOUNDATION, INC. 10F Ayala Wing, BPI Building 6768 Ayala Avenue corner Paseo de Roxas Makati City, 1226 Philippines www.ayalafoundation.org TABLE OF CONTENTS 2 Message from the Chairmen 8 Education: Overview and Highlights 16 Youth Leadership: Overview and Highlights 3 Message from the President 10 Center of Excellence in Public 18 Ayala Young Leaders Congress 4 AFI Overview, AFI Program Map Elementary Education 21 Leadership Communities 6 AFI Program Criteria and Project Spending 13 Text2Teach 24 Arts and Culture: Overview and Highlights VISION Communities where people are productive, creative, self-reliant and proud to be Filipino. MISSION people in the change process and business aspirations and private groups, civil society and Ayala to achieve impact, scale, and sustainability for everyone involved. VALUES We have a deep love of country. We believe in shared prosperity. We are creative and innovative. We act with integrity. We strive for excellence. We collaborate and work as a team. PROGRAM PILLARS Education Youth Leadership Sustainable Livelihood Arts and Culture 26 Ayala Museum 36 Special Projects 89 Acknowledgement notice 29 Filipinas Heritage Library 38 90 AFI Annual Report team 32 Sustainable Livelihood: Overview and Highlights 40 Financial Statements 91 Directory 34 Iraya Mangyan, Calauan Project, 88 AFI Management and Staff Message froM the ChairMen Dear Stakeholders, The Ayala Foundation marked several milestones in 2012, as the organization took new and innovative steps toward expanding its reach and impact, and providing more opportunities for inclusive growth and empowerment for the communities it serves. We are proud of what the foundation and its partner communities, organizations, and individuals have achieved in the past 50 years. -
Semi-Annual Peer-Reviewed International Online Journal of Advanced Research in Literature, Culture, and Society
ISSN: 0041-7149 ISSN: 2619-7987 VOL. 93 • NO. 2 • NOVEMBER 2020 UNITASsemi-annual peer-reviewed international online journal of advanced research in literature, culture, and society Indexed in the International Bibliography of the Modern Language Association of America UNITAS is an international online peer-reviewed open-access journal of advanced research in literature, culture, and society published bi-annually (May and November). UNITAS is published by the University of Santo Tomas, Manila, Philippines, the oldest university in Asia. It is hosted by the Department of Literature, with its editorial address at the Office of the Scholar-in-Residence under the auspices of the Faculty of Arts and Letters. Hard copies are printed on demand or in a limited edition. Copyright @ University of Santo Tomas Copyright The authors keep the copyright of their work in the interest of advancing knowl- edge but if it is reprinted, they are expected to acknowledge its initial publication in UNITAS. Although downloading and printing of the articles are allowed, users are urged to contact UNITAS if reproduction is intended for non-individual and non-commercial purposes. Reproduction of copies for fair use, i.e., for instruction in schools, colleges and universities, is allowed as long as only the exact number of copies needed for class use is reproduced. History and Coverage Established in July 1922, UNITAS is one of the oldest extant academic journals published by a university in the Philippines as well as in Asia. Still, UNITAS is perhaps the oldest extant academic journal of its kind in the Philippines and Asia in terms of expansive disciplinary coverage and diverse linguistic representation through the decades. -
The Philippines Section 5: Money and Banking
ARMY SERVICE FORCES MANUAL M365-5 Civil Affairs CIVIL AFFAIRS HANDBOOK THE PHILIPPINES SECTION 5: MONEY AND BANKING OF RESTRICTED MATTER. The information SDISSEMINATION gven characteristics of restricted material may be contained in restricted documents and the essential to any person known to be in the service of the United States and topersons of undoubted loyalty and Mar 44.)tothe work, but will not be communicated to the public5 discretionwho are cooperating in Government 44.) presecp yatole also par.23b, AR 380-5,15 IMar public relations agencies. (See press except by authorized military HEADQUARTERS, ARMY SERVICE FORCES, DECEMBER 1944 ARMY SERVICE FORCES MANUAL M 365-5 Civil Affairs CIVIL AFFAIRS HANDBOOK - THE PHILIPPINES SECTION 5: MONEY AND BANKING Headquarters, Army Service Forces, December 1944 DISSEMINATION OF RESTRICTED MATTER. The information contained in restricted documents and the essential characteristics of restricted material may be given to any person known to be in the service of the United States and to persons of undoubted loyalty and discretion who are cooperating in Government work, but will not be communicated to the public or to the press except by authorized military public relations agencies. (See also par. 23b, AR 380-5, 15 Mar 44.) United States Government PrintingOffice, Washington, 1944 NUMBERING SYSTEM OF ARMY SERVICE FORCES MANUALS The main subject matter of each Army Service Forces Manual is indicated by consecutive numbering within the following categories: M1- M99 Basic and Advanced Training M100-M199 Army Specialized Training Program and Pre-Induction Training M200-M299 Personnel and Morale M300-M399 Civil Affairs M400-M499 Supply and Transportation M500-M599 Fiscal M600-M699 Procurement and Production M700-M799 Administration M800-M899 Miscellaneous M900-up Equipment, Mat6riel, Housing and Construction HEADQUARTERS, ARMY SERVICE FORCES WASHINGTON 25, D. -
Nepomuceno Legacy”: the Construction of an Elite Heritage
“NEPOMUCENO LEGACY”: THE CONSTRUCTION OF AN ELITE HERITAGE A THESIS SUBMITTED TO THE GRADUATE DIVISION OF THE UNIVERSITY OF HAWAI‘I AT MĀNOA IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF ARTS IN ASIAN STUDIES DECEMBER 2016 By Alexander R. Kuestner Thesis Committee: Patricio Abinales, Chairperson Barbara Andaya Vina Lanzona Keywords: genealogy, Philippines, elite, Nepomuceno, celibacy, priests Copyright ©2016 Alexander Kuestner ii ABSTRACT This thesis examines the manner in which the Nepomuceno family promoted themselves in two books published in the early 21st century. The Nepomucenos are an elite family in the province of Pampanga in the Philippines. They are regionally important in politics and business. Their ancestors founded Holy Angel University, a private Catholic institution. The Nepomucenos used Holy Angel’s press to have two books published which promote the family’s descent from locally prominent elites in the 18th to 20th centuries, including but not limited to a Spanish priest named Guillermo Masnou. The Philippines is dominated, both politically and economically, by nationally powerful oligarchic families. The Nepomucenos are not one of these as their power is limited within their home province. It is clear from their portrayal of themselves in their books that the Nepomucenos would like readers to believe that the family is just as significant as the oligarchs. iii TABLE OF CONTENTS Abstract………………………………………………………………………………………….iii List of Tables………………………………………………………………………………….. vii List of Charts……………………………………………………………………………...........ix -
The Magnificent September Auction 2018 in Partnership with the Museum of Contemporary Art and Design (MCAD)
León Gallery FINE ART & ANTIQUES The Magnificent September Auction 2018 In partnership with the Museum of Contemporary Art and Design (MCAD) 8 September 2018 | 2:00 PM Ronald Ventura Ang Plastik Mo! Benedicto Cabrera Fishing Village in Batang Island León Gallery FINE ART & ANTIQUES TheThe MagnificentMagnificent SeptemberSeptember AuctionAuction 20120188 Auction Saturday | September 8, 2018 2:00 PM Preview September 1 - 7, 2018 9:00 AM - 7:00 PM Venue G/F Eurovilla 1 Rufino corner Legazpi Streets Legazpi Village, Makati City Philippines Contact www.leon-gallery.com [email protected] +632 856-27-81 Cesar Legaspi Workers 10 - 11 Foreword 12 - 291 Lots 1 - 178 296 Index 297 Terms and Conditions 298 Registration Form Jerry Elizalde Navarro Various Voices, Various Rooms Alfonso Ossorio Ascencion/Cross-Section León Gallery FINE ART & ANTIQUES Director Jaime L. Ponce de Leon Curator Lisa Guerrero Nakpil Consultants Martin I. Tinio, Jr Augusto M.R Gonzalez III Ramon N. Villegas (+) Book Design and Layout Jefferson Ricario Senior Graphic Designer Dia Marian P. Magculang Graphic Design & Photography John Gabriel Yu Christine Marie Tabiosas Dana de Vera Project Assistants Nestorio Capino Jane Daria Ramil Flores Robert Gotinga Generoso Olaco Catalino Mallabo Jr. Mario Oribia Sanchez Anjello Bueno Reneliza de Taza Laurence Anne Torres Wilfredo M. Manalang Published by León Gallery G/F Eurovilla 1 Rufino corner Legazpi Streets Legazpi Village, Makati City Metro Manila, Philippines This catalogue is published to accompany the auction by León Gallery entitled The Magnificent September Auction 2018 All rights reserved. No part of this catalogue may be reproduced or re-printed without the express written consent of León Gallery. -
Zaibatsu Development in the Philippines: the Ayala
KyotoKyotoUniversity University Southeast Asian Studies,VoL 37, No. 1. June 1999 Zaibatsu Development in the Philippines: The Ayala Model Eric Vincent C. BATALLA' Abstract This article discusses the ability of the family firm to grow for several generatiens by examining the case of the Ayala group in the Philippines. Such an ability, called here as generational growth, has been the subject of debate regarding the future of the family firm and the zaibatsu, which is a special type of family firm. Two features that distinguish Ayala as a model are 1 ) the ability o"he family to maintain ownership and management control for generations and 2) the rejection of the use of political influence for rent seeking. An examination of Ayala's ownership-management system points to strategies em- ployed for the preservation of the family's position within the firrn. The quality and process of such preservation, which family members called stewardship, is also consistent in family and firm's political behavior. The paper prepeses that the adoption of superior stewardship strategies accompanied by skillful entrepreneur$hip would ensure the family's continued ownership-management of the aaibatsu. IIntroduetion Following their predominance in prewar Japan, zaibatsu have sprouted in various parts of Asia. The term zaibatsu is used here to refer to large conglomerates owned or controlled by a particular family (or clan),D Because of its ability to grow to such proportion, a gaibatsu could be treated as a special type of family firm. However, there is a prevailing view in economics as well as in business history that expansion and growth exert serious pressures for the transformation of family firms to other forms of modern enterprise, especially the managerial enterprise [Chandler 1980:13-14].