Philippines

Little modern business writing, but an unusually strong academic literature on why Philippine banking, land and family conglomerates work the way they do, plus a well-documented record of Marcos-era crony capitalism.

8 books

Start here

  1. The Marcos DynastySterling Seagrave, 1988
  2. An Anarchy of FamiliesAlfred W. McCoy, 1993
  3. Booty Capitalism: The Politics of Banking in the PhilippinesPaul D. Hutchcroft, 1998

Books 8

David C. Kang · 2002 · Why the same corruption produced growth in Korea and stagnation here.
Sterling Seagrave · 1988 · Journalistic account of how the crony monopolies and offshore holdings were built.
Alfred W. McCoy · 1993 · The provincial dynasties behind the listed conglomerates; still the reference on ownership.
Paul D. Hutchcroft · 1998 · Why oligarch families captured the banks rather than the state capturing business.
Arsenio M. Balisacan, Hal Hill · 2003 · The standard economics volume: trade, banking, land and industrial policy.
Walden Bello, Herbert Docena, Marissa de Guzman, Mary Lou Malig · 2004 · Critical account of liberalisation, debt service and deindustrialisation after Marcos.
Patricio N. Abinales, Donna J. Amoroso · 2005 · The standard history of a weak state captured by strong families.
Ricardo Manapat · 1991 · Hard-to-find catalogue of Marcos-era crony deals; the source everyone else cites.