Excerpt from Foreword:"...The uniquely painful experience of the Philippines in Asia seems to be the result of (at least) three related kiss-of-death factors. First is the keen interest taken in the Philippines by its former colonial master, The United States. ...Second, United States 'protection' meant protection for one of the chief contenders for the coveted title of "World's Most Corrupt and Anti-Democratic Regime" who are Ferdinand and Imelda Marcos....Finally, and not unrelated, it was the Philippines' dubious privilege to be one of the world Bank's darlings, a 'country of concentration' and the recipient of over $6 billion dollars worth of multilateral loans...."
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