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The Basques played a remarkably influential role in the creation and maintenance of Spain’s colonial establishment in the Philippines. Their skills as shipbuilders and businessmen, their evangelical zeal, and their ethnic cohesion and work-oriented culture made them successful as explorers, colonial administrators, missionaries, merchants, and settlers. They continued to play prominent roles in the governance and economy of the archipelago until the end of Spanish sovereignty, and their descendants still contribute in significant ways to the culture and economy of the contemporary Philippines. This book offers important new information about a little-known aspect of Philippine history and the influence of Basque immigration in the Spanish Empire, and it fills an important void in the literature of the Basque diaspora.
In the late 1950s, the Filipino economy could reasonably have been described as more advanced than those of its South Asian neighbours. Ever since then, however, it has consistently lagged behind and only really started to grow strongly in the mid-1990s and even then it failed to achieve the growth rates of the rest of Southeast Asia ten years earlier. This book critically analyses the Filipino economy and attempts to explain the problems that it has faced, as well as the solutions that need to be put into practice. This accessible and comprehensive book will be of great use to students, academics and business professionals with an interest in the economies of Asia.
2011 Updated Reprint. Updated Annually. Philippines Banking & Financial Market Handbook