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The Economic Development of Southeast Asia

Editor

Listed:
  • Hal Hill

Abstract

This group of economies is of interest for a number of reasons. Firstly, they feature great diversity – Singapore has one of the highest per capita incomes in the world, while several of the mainland Southeast Asian states are among the poorest. Brunei is a tiny oil sultanate, while Indonesia is the world’s fourth largest nation. In addition, several of these economies have been consistently among the world’s most open, while others are emerging from a long period of international commercial isolation. Thirdly, the group includes one sizeable country, the Philippines, which for reasons still only poorly understood has consistently under-performed compared to its potential. Four of the economies – Indonesia, Malaysia, Singapore, Thailand – grew extremely quickly in the three decades through to the recent Asian economic crisis. Lastly, the Asian economic crisis of 1997–98 particularly affected three of the countries – Indonesia, Malaysia, and Thailand. The factors explaining this sudden, and largely unanticipated, event are still only poorly understood.

Suggested Citation

  • Hal Hill (ed.), 2002. "The Economic Development of Southeast Asia," Books, Edward Elgar Publishing, volume 0, number 1519.
  • Handle: RePEc:elg:eebook:1519
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    File URL: http://www.e-elgar.com/shop/isbn/9781858988009
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    Citations

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    Cited by:

    1. De Visser Maartje, 2019. "Constitutional Judges as Agents for Development," The Law and Development Review, De Gruyter, vol. 12(3), pages 691-722, October.
    2. Razeen Sally, 2007. "Thai Trade Policy: From Non‐discriminatory Liberalisation to FTAs," The World Economy, Wiley Blackwell, vol. 30(10), pages 1594-1620, October.

    More about this item

    Keywords

    Asian Studies; Development Studies; Economics and Finance;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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