The Father of Filipino Austerity: Central Bank Governor Miguel Cuaderno and Anti-inflationary Ideology in the 1950s

Most economic analysts have argued that the failed currency policy of the Philippine Central Bank during the 1950s prevented the development of a robust export sector. Thisarticle examines the economic thinking that led to the Central Bank’s policies through a reassessment of the ideas of its first...

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Main Author: Claudio, Lisandro E.
Format: text
Published: Archīum Ateneo 2021
Online Access:https://archium.ateneo.edu/phstudies/vol69/iss4/3
https://archium.ateneo.edu/context/phstudies/article/1103/viewcontent/The_20Father_20of_20Filipino_20Austerity_20_5Bvol._2069_20no._204_20_282021_29_20527_E2_80_9360_5D.pdf
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spelling ph-ateneo-arc.phstudies-11032024-08-07T03:42:03Z The Father of Filipino Austerity: Central Bank Governor Miguel Cuaderno and Anti-inflationary Ideology in the 1950s Claudio, Lisandro E. Most economic analysts have argued that the failed currency policy of the Philippine Central Bank during the 1950s prevented the development of a robust export sector. Thisarticle examines the economic thinking that led to the Central Bank’s policies through a reassessment of the ideas of its first governor, Miguel Cuaderno. Reading Cuaderno’s memoirs and speeches from the period shows that anti-inflationary beliefs consistent with twentieth-century ideas of austerity informed his thinking. Thearticle hopes to contribute to the literature on “macroeconomic policy regimes” by examining how they are produced and reified through language.KEYWORDS: MIGUEL CUADERNO • AUSTERITY • INFLATION • CURRENCY • DEPRECIATION 2021-12-09T08:00:00Z text application/pdf https://archium.ateneo.edu/phstudies/vol69/iss4/3 https://archium.ateneo.edu/context/phstudies/article/1103/viewcontent/The_20Father_20of_20Filipino_20Austerity_20_5Bvol._2069_20no._204_20_282021_29_20527_E2_80_9360_5D.pdf Philippine Studies: Historical and Ethnographic Viewpoints Archīum Ateneo
institution Ateneo De Manila University
building Ateneo De Manila University Library
continent Asia
country Philippines
Philippines
content_provider Ateneo De Manila University Library
collection archium.Ateneo Institutional Repository
description Most economic analysts have argued that the failed currency policy of the Philippine Central Bank during the 1950s prevented the development of a robust export sector. Thisarticle examines the economic thinking that led to the Central Bank’s policies through a reassessment of the ideas of its first governor, Miguel Cuaderno. Reading Cuaderno’s memoirs and speeches from the period shows that anti-inflationary beliefs consistent with twentieth-century ideas of austerity informed his thinking. Thearticle hopes to contribute to the literature on “macroeconomic policy regimes” by examining how they are produced and reified through language.KEYWORDS: MIGUEL CUADERNO • AUSTERITY • INFLATION • CURRENCY • DEPRECIATION
format text
author Claudio, Lisandro E.
spellingShingle Claudio, Lisandro E.
The Father of Filipino Austerity: Central Bank Governor Miguel Cuaderno and Anti-inflationary Ideology in the 1950s
author_facet Claudio, Lisandro E.
author_sort Claudio, Lisandro E.
title The Father of Filipino Austerity: Central Bank Governor Miguel Cuaderno and Anti-inflationary Ideology in the 1950s
title_short The Father of Filipino Austerity: Central Bank Governor Miguel Cuaderno and Anti-inflationary Ideology in the 1950s
title_full The Father of Filipino Austerity: Central Bank Governor Miguel Cuaderno and Anti-inflationary Ideology in the 1950s
title_fullStr The Father of Filipino Austerity: Central Bank Governor Miguel Cuaderno and Anti-inflationary Ideology in the 1950s
title_full_unstemmed The Father of Filipino Austerity: Central Bank Governor Miguel Cuaderno and Anti-inflationary Ideology in the 1950s
title_sort father of filipino austerity: central bank governor miguel cuaderno and anti-inflationary ideology in the 1950s
publisher Archīum Ateneo
publishDate 2021
url https://archium.ateneo.edu/phstudies/vol69/iss4/3
https://archium.ateneo.edu/context/phstudies/article/1103/viewcontent/The_20Father_20of_20Filipino_20Austerity_20_5Bvol._2069_20no._204_20_282021_29_20527_E2_80_9360_5D.pdf
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