Filipino or Mexican
I agree with both Federico and Rich -- this could be from the Philippines. I think it is more likely Mexican, though, largely because of the blade shape, widening from hilt towards the tip and then the pronounced clip point. It is sometimes difficult to distinguish the Mexican and Philippine bolos from c. 1950, and the materials were often simiilar (although the Filipino knives tended to have darker horn handles -- carabao vs steer?). Mexican knives often have a cryptic message or saying engraved on them and are often identifed as "Mexico." Philippine knives of this ilk tend to have tropical scenes or simply "Philippines" lightly engraved.
Ian.
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