2. What we'll discuss
Introduction
Domestic and International Politics of resource-
based development
Import-substitution and export-oriented
industrialization
Political Economy of the " Southeast Asian Miracle"
Political Economy of Southeast Asia's Financial
Crisis
Southeast Asia development in the new millennium
4. Introduction
South East Asia encompasses regions that are geographically
south of China, east of the Indian subcontinent.
Includes countries with political boundaries creating many
shapes and sizes
The home of dynamic ‘tiger economies’.
Southeast Asia a world of striking differentiation.
5. POLITICAL GEOGRAPHY
MAINLAND SEA
Vietnam, Laos, Cambodia,
Thailand, and Myanmar (Burma).
MARITIME SEA
Malaysia, Singapore, Brunei,
Indonesia, East Timor, and the
Philippines.
6. Domestic and International Politics of resource-based
development
A supplier of minerals
to global markets
A supplier of tropical
resources
Hub of long-distance
trade
7. Import-substitution and export-oriented industrialization
1980
value of agricultural production
exceeded than that of
manufacturing
1960s and early 1970s
Manufacturing output grew
rapidly albeit from a small base
1950s & early 1960s
SEA's NICs began promoting
industry under ISI policies
1970s and early 1980s
period of transition in
Southeast
Asia’s development strategies.
8. The political economy of the
'Southeast Asian Miracle'
lower tariffs and other trade barriers after a
collapse of global commodity prices
ability to achieve rapid growth without
major changes to statist and clientelist
politics.
‘flying geese’ model of Asian development
9. Political Economy of SEA's financial crisis
mid 1990s 1990s
portfolio and other
financial investments
began to over-shadow
FDI in investment
Thailand allowed rapid-growth
of non-bank finance
companies. Singapore,
Thaliand & Malaysia licensed
offshore banking operations
1997
dry up of international
financial inflows and
declined stock markets
1989-1994-2000
some regional
observers anticipated a
nationalist backlash
09/1998
Malaysia's resort to
capital controls
10. SEA development in the new millennium
Philippines succumbed to both political
and economic turmoil
Indonesia struggled to implement its IMF
agreementsl
SEA declining investment in labor-
intensive sectors
SEA's new role in regional production
system attract interest from major MNCsl
Cross-border direct investment has also
entered
11. Insight 3
Southeast Asia’s economies are perennially ‘dependent’.
Insight 1
Southeast Asia serves to illustrate some of the tremendous
diversity that constitutes contemporary Southeast Asia
Insight 2
Southeast Asia holds an ambiguous place in the comparative political
economy of development..
Insights
12. Southeast Asia has seen dramatic change in
recent decades, with the region`s economic
transformation tied to its evolving role in the
regional and global economies. Southeast
Asia`s long history of blending international
economic exchange with state-mediated
capitalism. globalization and regionalization
have not simply acted as constraints on
Southeast Asia`s development options.
Conclusion
13. References
Contemporary Southeast Asia: The Politics
https://researchbriefings.files.parliament.uk/
https://www.researchgate.net › 2333...(PDF) Democratization
and Foreign Policy in Southeast Asia - ResearchGate
https://www.researchgate.net › 2475...Industrializing Southeast
Asia | Request PDF - ResearchGate
https://www.jstor.org › stable › pdfTHE ASEAN ECONOMIC
MIRACLE UNRAVELS - JSTOR
https://www.researchgate.net › 2367...The Politics of the Asian
Financial Crisis - ResearchGate
http://www.piie.com › niie2830PDFIntroduction: The Political
Economy of the Asian Financial Crisis
https://www.nlb.gov.sg › biblioSoutheast Asia in the new
millennium /edited by Wong Tai-Chee & Mohan ...
