State structure, policy formation, and economic development in Southeast Asia: The political economy of Thailand and the Philippines
College
College of Liberal Arts
Department/Unit
Political Science
Document Type
Book Chapter
Source Title
State Structure, Policy Formation, and Economic Development in Southeast Asia: The Political Economy of Thailand and the Philippines
First Page
1
Last Page
204
Publication Date
1-1-2013
Abstract
Why do some small, developing countries industrialize and others don’t? What factors account for different economic performance among states that are vulnerable to external shocks, crony capitalism, and political instability? This book argues that the answer lies in the structuring of state power, specifically the way different sets of governing elites – political leaders and economic technocrats – are embedded in political organisations and state institutions, and the way these elites relate to each other in the economic development policy process. Conducting a comparative historical analysis of Thailand and the Philippines, the book argues that the institutional settings of governing elites influence economic outcomes. In Thailand, political power traditionally connects to state institutions in ways that has limited the impact of political turnovers and global downturns - conducive to long-term industrial activities. In contrast, Philippine state power derives from family networks that merge social and political power, suited to fast-moving, short-term commercial interests. In focusing on this political and institutional story, the author analyses the current development dilemmas of countries, weighed down by historical legacies of unstable regimes, dependency, and social conflict, and how they are likely to develop in the future. © 2012 Antoinette R Raquiza.
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Digitial Object Identifier (DOI)
10.4324/9780203145166
Recommended Citation
Raquiza, A. R. (2013). State structure, policy formation, and economic development in Southeast Asia: The political economy of Thailand and the Philippines. State Structure, Policy Formation, and Economic Development in Southeast Asia: The Political Economy of Thailand and the Philippines, 1-204. https://doi.org/10.4324/9780203145166
Disciplines
Political Science
Keywords
Philippines—Economic conditions; Thailand—Economic conditions; Philippines—Politics and government; Thailand—Politics and government
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