cronyism
Golden years?: The real long-lasting economic damage wrought by Marcos
September 21, 2021
The Marcos administration was notorious for world-beating cronyism and corruption. But this is not enough to fully explain the worst economic collapse in Philippine history and continued decline long after the dictatorship was overthrown.
Anyare? Economic decline since Marcos
May 5, 2016
The Marcos dictatorship started the Philippines on a path of economic decline that remains until today. This has already had the worst consequences for tens of millions of Filipinos across two generations. Unless corrected, it will burden generations to come. The Philippine economy’s decline since the 1980s is commonly attributed to the Marcos regime’s corruption […]
