In the context of political economy one notable development

Abstract

Richard F. Doner, in reference to Southeast Asia, asserts the need to broaden the discussion of economic growth to include political economy, which he defines as "the ways politics influences aspects of economic policymaking," and, in turn, how economic activity influences the political process. He points out that dependency theory has the value of showing how external events and forces can affect the economy of small states participating in a regional or world economy, while institutional theory can explain the role of the state in creating limits to the functioning of market forces. He adds a plea, based on his own research in Thailand, for scholars using the institutional approach not to exclude the important activities of nongovernmental bodies such as trade associations or merchant groups from their analysis.

Journal Information

For 56 years, The Journal of Asian Studies has been recognized as the most authoritative and prestigious publication in the field of Asian Studies. This quarterly has been published regularly since November 1941, offering Asianists a wealth of information unavailable elsewhere. Each issue contains four to five feature articles on topics involving the history, arts, social sciences, philosophy, and contemporary issues of East, South, and Southeast Asia, as well as a large book review section.

Publisher Information

Formed in 1941, the Association for Asian Studies--the largest society of its kind in the world--is a scholarly, non-political, and non-profit professional association open to all persons interested in Asia. It seeks through publications, meetings, and seminars to facilitate contact and an exchange of information among scholars to increase their understanding of East, South, and Southeast Asia. For further information about AAS activities, publications, and membership, please see the AAS website: http://www.asian-studies.org.

Rights & Usage

This item is part of a JSTOR Collection.
For terms and use, please refer to our Terms and Conditions
The Journal of Asian Studies © 1991 Association for Asian Studies
Request Permissions

Abstract

This article offers an explanation for the rapid economic development of the four high-growth economies of Southeast Asia (Indonesia, Malaysia, Singapore, and Thailand) over the past 30 years. It initially provides a brief review of the major determinants of international differences in economic performance, drawing on both the economic growth and the "East Asian miracle" literature, and a confirmation that these determining factors have been operative to some extent in the four countries. The major section of the article addresses the political economy question of why, over the past 30 years, these countries have generally adopted the "right" development policies more than is the case almost anywhere else outside East Asia.

Journal Information

The Institute of Southeast Asian Studies launched the ASEAN Economic Bulletin (AEB) in July 1984. Since then, AEB has become a reputable academic journal providing contemporary, rigorous, and insightful analyses on the economies of Southeast Asia. It covers a wide range of economic topics and issues concerning individual member countries of ASEAN and the Southeast Asian region as a whole; as well as intra- and inter-regional aspects that involve interaction among the member countries of ASEAN, and their economic relations with the Asia-Pacific region and the rest of the world. AEB is published three times a year - in April, August, and December. The April issue is designated as a special issue, with focus on a specific theme. The editors of AEB welcome scholarly article submissions that have clear policy relevance and pertain to the ASEAN region and its member countries. Submissions from young academics are especially encouraged.  

Publisher Information

ISEAS - Yusof Ishak Institute is a regional centre dedicated to the study of socio-political, security and economic trends and developments in Southeast Asia and its wider geostrategic and economic environment. The institute’s research programmes are the Regional Economic Studies (RES, including ASEAN and APEC), Regional Strategic and Political Studies (RSPS), and Regional Social and Cultural Studies (RSCS). ISEAS Publishing, an established academic press, has issued more than 2,000 books and journals. It is the largest scholarly publisher of research about Southeast Asia from within the region. ISEAS Publishing works with many other academic and trade publishers and distributors to disseminate important research and analyses from and about Southeast Asia to the rest of the world

Rights & Usage

This item is part of a JSTOR Collection.
For terms and use, please refer to our Terms and Conditions
ASEAN Economic Bulletin © 1997 ISEAS - Yusof Ishak Institute
Request Permissions

What are the important aspects of political economy of development?

The Political Economy and Development track studies how the interplay between the economic system, politics, and institutions allocates resources and generates incentives. Topics include markets, poverty, welfare, inequality, taxation, regimes, transitions, growth, ethnicity, religion, and culture.

What three systems make up the political economy of a country?

There are three main types of economies: free market, command, and mixed.

Why is political economy important?

Political Economy looks at the humans behind the numbers, and the social impact of economic policy. Political Economy sets you up for all sort of ways to be in the world. It sets you up for being in that big public discussion about what sort of country, what sort of world we're going to live in in the future.

What is political economy quizlet?

political economy. the study of how politics and economics are related and how their relationship shapes the balance between freedom and equality. markets. interactions between the forces of supply and demand and the allocation of resources through the process of those interactions.