The impact of American Philippine economic policy on Philippine modern economy during the Cold War

Beijing Huiwen Middle School, 100122 Beijing, China

^* Corresponding author: sking81477@student.napavalley.edu

Abstract

As an important country in Southeast Asia, the Philippines has repeatedly occupied an important geographical position and had an important geographical and political position during the Cold War. Since the Cold War, the relationship between the United States and the Philippines has been very close, and the influence of the United States on the Philippines is self-evident. Therefore, studying the political influence of the United States on Philippine economic policy during the Cold War has important theoretical and practical significance. Starting from the economic policy adopted by the United States in the Philippines, this paper analyzes the economic assistance methods of the United States to the Philippines and its political influence on the Philippines and explains why the United States exercises neocolonial control over the Philippines from two aspects. This article argues that the United States has influenced the Philippine economy in a neocolonial way in an attempt to expand the political influence and sphere of influence of the United States itself.