Southeast Asia's industrialization : industrial policy, capabilities, and sustainability / edited by Jomo K.S.

Format:

Book

Contributor:

Jomo K. S. (Jomo Kwame Sundaram)

Series:

Studies in the economies of East and South-East Asia

Language:

English

Subjects (All):

Industrialization--Southeast Asia.

Industrialization.

Southeast Asia.

Physical Description:

xviii, 349 pages : illustrations ; 23 cm.

Place of Publication:

Houndmills, Basinstoke, Hampshire ; New York : Palgrave, 2001.

Summary:

Drawing on a wide range of sources, this volume addresses fundamental issues surrounding industrialization in Southeast Asia, which are particularly pressing now that the region's miracle has been transformed into a debacle, and the world seeks to draw lessons from the experience. The contributors address crucial questions such as: How did Southeast Asia industrialize? What have been the consequences of domination by foreign investment? Did the region's resource wealth weaken its imperative to industrialize? Why else has Southeast Asia's industrialization been inferior to the rest of the East Asian region? Did the countries' financial systems help industrialization? Was this industrialization sustainable? The volume includes detailed studies of Singapore, Malaysia, Thailand and Indonesia.

Contents:

1 Introduction: Growth and Structural Change in the Second-Tier Southeast Asian NICs / Jomo K. S. 1

2 Initial Conditions and Miraculous Growth: Why is Southeast Asia Different from Taiwan and South Korea? / Anne Booth 30

3 The Fragile Foundations of the Southeast Asian Miracle: Relocative Capital, the Proliferation of Capitalism and Industrial Growth / C. P. Chandrasekhar, Jayati Ghosh 59

4 Southeast Asia's Ersatz Miracle: The Dubious Sustainability of its Growth and Industrialization / Rajah Rasiah 86

5 The Role of the Government in Singapore's Industrialization / Linda Low 113

6 The Politics of Industrial Investment Policy Reform in Malaysia and Thailand / Greg Felker 129

7 Corporate Financing and Systems of Industrial Finance: A Comparative Analysis of Malaysia, Thailand and Selected Industrialized Countries / Rudolph C. Matthias 183

8 Financing Manufacturing in Malaysia: Experience, Issues and Challenges / Chin Kok Fay 222

9 Fiscal Incentives for Promotion of Manufactured Exports in Malaysia / Anita Doraisami, Rajah Rasiah 247

10 Selective Industrial Policy and Manufacturing Export Success in Thailand / Michael T. Rock 263

11 Making the Case for the Success of Industrial Policy in Indonesia / Michael T. Rock 283.

Notes:

Includes bibliographical references and index.

ISBN:

033379205X

OCLC:

46634365