The Economic Development of Southeast Asia, vol Four volume set

Edited by Hal Hill

in Books from Edward Elgar Publishing

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.

Keywords: Asian Studies; Development Studies; Economics and Finance (search for similar items in EconPapers)
JEL-codes: O1 (search for similar items in EconPapers)
Date: 2002
ISBN: 9781858988009
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Citations: View citations in EconPapers (2)

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