I know, I know, I know. This blog should have been written and posted four days ago. And I should be blogging on more recent events. But I need to get this particular blog done and ‘out of the way’. The obvious high point of the fantastic week was Tita Cory’s death, wake, and funeral. [...]
Posts Tagged ‘elites’
What a week!
Posted: August 13, 2009 in UncategorizedTags: Alpha Sigma, Arnel de Guzman, Bongbong Marcos, Cory Aquino, Douglass North, dragon effect, elite squabbles, elites, GMA, Imee Marcos, John Nye, new institutional economics, NIE, property rights, Tita Cory
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Property rights issues in the Philippines
Posted: August 2, 2009 in Philippine politics, Political economyTags: economic rents, Eduardo Cojuangco, elites, Ferdinand Marcos, John Nye, martial law, Noel de Dios, political cycle, property rights
Last Friday, I attended a symposium entitled ‘Will Elites Allow Reform: Property Rights Issues in the Philippines’ at the UP School of Economics. One of the speakers, Prof. John Nye of the George Mason University, argued that a necessary condition for economic growth is ending the vicious cycle of vindictiveness amongst the elite fractions in [...]
