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    An Economic History of The Philippines PDF

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    An Economic History of The Philippines PDF

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    An Economic History of The Philippines PDF

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    of 8

    An Economic History

    of the Philippines
    AN ECONOMIC mSTORY
    OF THE PHII.IPPINES

    o. D. Corpuz

    University of the Philippines Press


    Quezon City
    1997
    Published by the University of the Philippines Press

    Philippine Copyright © 1997


    by O.D. Corpuz

    All rights reserved, no copies of this book can be made in part or in


    whole without written permission from the author and the publisher.

    Editorial and Production Supervision:


    Laura L. Samson
    Cover Design:
    Arne Sarmiento
    Book Design:
    Armando Veneralldo L. [Iowa II
    Set in Gatineau

    ISBN 971-542-094-X

    Printed in the Philippines by the


    D.P. Press Printery Division
    To

    Jose Encarnacion, Jr.


    Dean, School of Economics,
    University of the Philippines, 1974-1994
    Table of Contents

    Acknowledgments xi

    Chapter 1 Introduction 1

    Chapter 2
    1565 The Framework of Native Society
    and Economic ute 7
    The Population of the Archipelago, 1560s 8
    The Archipelago and Southeast Asia 10
    The Barangay Society and Economy 12

    Chapter 3
    15705-1700 The Transformation of the Native
    Society and Economy 23
    The Reorganization of Native Society:
    Pueblos, Parishes 24
    Production for Surpluses: Land, Labor
    and Agriculture 26
    Exaction of Surpluses: The Encomienda
    System, Church Contributions 30
    Domestic Trade 36
    The Galleon Trade 39
    The Real Hacienda 40
    The Native Economy 44
    The Decline of the Tributary Population,
    1588-1700 45

    Chapter 4
    1700-17705 The Post-Conquest Colonial Economy 51
    The PhaSing Out of the Private Encomiendas 52
    Population Recovery and Growth 55
    AN ECONOMIC HISTORY OF THE PHIUPPINES

    Stable Pueblos, Coin, Usury, and the


    Pueblo Lands 56
    The Friar Haciendas, Landgrabbing,
    Agrarian Relations 61
    Trade 68
    Mining and Religion 75
    The Branches of the Real Hacienda 77
    New Perspectives 80

    Chapter 5
    1778-1818 Toward a New Economic Order 87
    The Status Quo Under Attack 88
    The "General Economic Plan," 1778-1818 94

    Chapter 6
    1 7705-18405 Agricultural Produce in the World Market 105
    Agriculture, Land, Agrarian Relations 106
    The Tobacco Monopoly 119
    Population, Big Pueblos, Domestic Trade 123
    Industry and Foreign Trade 131

    Chapter 7
    1850-1896 The Growth of the Dual Economy (1) 139
    From the Real Hacienda to Public
    Accounting 140
    Population, Diversity in Pueblo Life 143
    Land, Agrarian Relations, Agriculture 146

    Chapter 8
    1850-1896 The Growth of the Dual Economy (2) 163
    Mining 164
    Manufactures 169
    Domestic Trade 175
    Foreign Trade 175
    Finances, Budgets 186
    A Guide to the Economy During the
    Spanish Era 196

    Chapter 9
    1896-1903 Four Wars; The Political Economy of
    the Filipino Republic 201
    The Four Wars 202
    Economic Dislocation and Population Loss 205

    viii
    Table of Contents

    The Political Economy of the Filipino


    Republic 207

    Chapter 10
    1900-1940 The Economy of Special Relations 219
    Expansionist American Enterprise and the
    Philippine Economic Future 220
    Politics and Government 223
    Currency Reform 225
    The New Revenue System 227
    The Economy of Special Relations 235
    Government and the Economy 256

    Chapter 11
    1900-1940 Beyond the Economy of Special Relations:
    The Neglected Traditional Sector 265
    The Purchase of the Friar Haciendas 266
    The Public Land Law 270
    A Profile of Land and Agriculture 282
    Agrarian Unrest 289

    ix

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