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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Archīum Ateneo
2021
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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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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 info:doi/10.13185/2244-1638.1103 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 |
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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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