00000caa a22000003i 4500 UP-1685594773862197642 Buklod 20201026212721.0 m | | ta 201026s2014 xx r |||| u|eng d (iLib)UPBAG-00038350682 BAG rda eng ARTICLE-751 Takagi, Yusuke author. The "Filipino First" policy and the Central Bank, 1958-1961 island of the state, strength and economic decolonization Yusuke Takagi. 2014. pages [233]-261 23 cm text rdacontent unmediated rdamedia volume rdacarrier Includes bibliographical references (pages 256-261). A gap exists between the high regard for the Central Bank of the Philippines and the Filipino First policy under Pres. Carlos P. Garcia's administration. Patrimonial interests attempted to exploit the Filipino First policy but relied on the bank for foreign exchange. In such a setting, how could the Central Bank lead economic policymaking and become an island of state strength? This article examines this puzzle by analyzing the process that involved politicians, private sector leaders, and even the American government. It argues that the Central Bank supported Filipino First only until it could achieve its policy goal of economic decolonization. Central Bank of the Philippines. Economic policy. Decolonization. Industrialization Government policy. Nationalism and economics. Philippine Studies: Historical and Ethnographic Viewpoints Vol. 62, No. 2 (June 2014), p. 233-261. Request full-text access via UPB University Library through https://forms.gle/KZjBv7aRtY6jiL5E9 Available for the University of the Philippines Baguio via Project Muse. (viewed 26 October 2020) FI UPBAG UPBAG-MAIN ARTICLE-751 Analytics