Filipino First policy

E424865

The Filipino First policy was an economic nationalism program in the Philippines that prioritized Filipino-owned businesses and interests over foreign participation in key sectors of the economy.

All labels observed (3)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf economic policy
nationalist policy
trade and industry policy
aimedAt limiting foreign participation in key sectors
prioritizing Filipino-owned businesses
appliesToSector banking
industry
natural resources
retail
trade
appliesToTerritory Philippines
country Philippines
criticizedFor benefiting mainly local elites
contributing to inefficiency and protectionism
discouraging foreign investment
focusesOn Filipino economic interests
domestic ownership of enterprises
goal increase Filipino control over the national economy
promote Filipino entrepreneurship
protect infant domestic industries
reduce dependence on foreign capital
hasAlternativeName Filipino First
Filipino First economic policy
hasEffect encouraged Filipino ownership in corporations
favored Filipino firms in government contracts
increased role of the state in regulating foreign investment
restricted foreign participation in certain economic activities
hasPolicyType import-substitution-oriented policy
protectionist policy
implementedBy Philippine government
implementedUnder Carlos P. Garcia administration
linked to: Carlos P. Garcia
influencedBy anti-colonial sentiment in the Philippines
desire to reduce foreign economic dominance
postwar economic nationalism
languageOfName English
legalBasis executive measures of President Carlos P. Garcia
mainSubject economic nationalism
partOf Garcia administration economic program
relatedTo Philippine economic nationalism
import substitution industrialization in the Philippines
postcolonial economic reforms in the Philippines
slogan Filipino First
startTime 1958
supportedBy domestic business groups
nationalist politicians
temporalContext Cold War era
post-World War II period

How these facts were elicited

Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

Carlos P. Garcia notablePolicy Filipino First policy
Carlos Polestico Garcia notablePolicy Filipino First policy
Carlos Polestico Garcia knownFor Filipino First policy
Filipino First policy slogan Filipino First
linked to: Filipino First policy
Filipino First policy hasAlternativeName Filipino First
linked to: Filipino First policy
Filipino First policy hasAlternativeName Filipino First economic policy
linked to: Filipino First policy