Dictators, Democrats, and Development in Southeast Asia
Implications for the Rest
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Product details:
- Publisher OUP USA
- Date of Publication 3 November 2016
- ISBN 9780190619862
- Binding Hardback
- No. of pages364 pages
- Size 236x157x33 mm
- Weight 635 g
- Language English 0
Categories
Short description:
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.
MoreLong description:
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 governance that 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 all three 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.
Table of Contents:
1. Getting growth going is hard and rare
2. History as prologue
3. Dictators build and sustain pro-growth coalitions
4. Dictators incite domestic capitalists to invest
5. Selective interventions in rice agriculture
6. The state and industrial development
7. Technological upgrading
8. Democrats, democratic developmental states and growth
9. Democracy and corruption
10. Lessons from IMT for the Rest
