Abstract
The Phillippines is compared with Taiwan and South Korea on six factors, deemed in the literature to account for the economic success of the “little dragons” of Asia: colonial history, ties to the United States, class structures, state autonomy and efficacy, timing of industrialization, and culture. The theoretical implications of the comparative analysis in the study of development and underdevelopment in the Third World are considered, and the Marcos regime and the Aquino administration are evaluated in the light of the comparative analysis
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