Dictators, Democrats, and Development in Southeast Asia (Hardcover)

Language: English

Published by Oxford University Press Inc, New York, 2016

0190619864 / 9780190619862

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Hardcover. Getting growth going has been rare in the developing world-since 1960 only nine developing countries have succeeded in sustaining high growth. The aim of Dictators, Democrats and Development in Southeast Asia is to examine how dictators and democrats in three of the nine fast growers -Indonesia, Malaysia and Thailand, hereafter IMT-built and sustained pro-growth political coalitions that enabled them to adopt policies that ushered in sustained high growth.The focus is on IMT because circa 1960 few thought the three were candidates for high growth and because the three have factor endowments, ethnic heterogeneity, and forms of governancethat resemble the Rest. These similarities suggest the Rest may have much to learn from IMT. The focus is unabashedly on the politics of development in IMT because dictators and democrats in IMT built and sustained pro-growth political coalitions that enabled them to link their long term political survival with delivering development. How and why they did so should be of keen interest to the Rest.Because dictators and democrats in IMT were committed to capitalist,industrial and open economy development strategies but deeply suspicious of a laissez faire approach to development, none of the three ever adopted a Washington Consensus style growth strategy. While allthree toyed with a Northeast style capitalist developmental state approach to growth, because governments in IMT lacked the political requisites to make this strategy work, none really stuck to this approach to growth either.Instead dictators and democrats in IMT implemented highly pragmatic growth and development strategies. When markets worked, governments used them. When interventions worked governments relied on them. When either failed to deliver expected results,governments weeded out bad investments to sustain high growth. Such a pragmatic, trial and error approach to development should also be of keen interest to the Rest. Since 1960 only nine developing countries have succeeded in sustaining high growth. The aim of Dictators, Democrats and Development is to examine how dictators and democrats in three of the nine, Indonesia, Malaysia and Thailand, who share broad similarities with the Rest, built and sustained pro-growth political coalitions. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.…

Seller Inventory # 9780190619862

Title
Dictators, Democrats, and Development in Southeast Asia (Hardcover)
Author
Michael T. Rock
Publisher
Oxford University Press Inc, New York
Publication year
2016
Condition
new
Binding
Hardcover
Language
English
ISBN 10
0190619864
ISBN 13
9780190619862

CitiRetail

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