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State Structure, Policy Formation, and Economic Development in Southeast Asia The Political Economy of Thailand and the Philippines by Antoinette R. Raquiza
  

State Structure, Policy Formation, and Economic Development in Southeast Asia The Political Economy of Thailand and the Philippines

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Synopsis

State Structure, Policy Formation, and Economic Development in Southeast Asia The Political Economy of Thailand and the Philippines by Antoinette R. Raquiza

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.

About the Author

Antoinette R. Raquiza is Associate Professor in Political Science at the De La Salle University, Philippines.

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Book Info

Publication date

30th September 2013

Author

Antoinette R. Raquiza

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Publisher

Routledge an imprint of Taylor & Francis Ltd
www.routledge.com

Format

Paperback
224 pages

Categories

Development economics & emerging economies
Development studies
Political economy

ISBN

9780415728348

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