Southeast Asia’s Misunderstood Miracle
Southeast Asia’s Misunderstood Miracle by Jomo K.S. is published by Routledge and was released on October 2, 2019. This 240-page book explores the ongoing debate surrounding the factors that have contributed to industrialization in Southeast Asia, focusing on the ideological nature of the discourse. The author examines the contrasting views on the role of state interventions versus market processes in the context of late industrialization, highlighting the complexities of this multifaceted discussion.
Readers will find a thorough analysis of the arguments surrounding state and market dynamics, as well as insights into the broader implications for political science and regional studies. The book delves into the contributions of various institutions and the ideological stakes involved in the debate, providing a nuanced perspective on the economic achievements in East Asia. With its focus on history and social science, this edition serves as a valuable resource for those interested in understanding the intricate factors influencing Southeast Asia’s development.
Official synopsis Publisher
“The debate on the major factors contributing to Southeast Asian industrialization continues unabated. As might be expected, there is much at stake in this debate. The debate is largely ideological in nature and partly centers on the role and contribution of state interventions and other institutions in marketprocesses in the context of late industrialization. At the risk of caricaturing the debate, on the one hand, one finds the dominant and more influential position held by those who blame the state for all that has gone wrong and credit the market for all that has turned out right; on the other hand, the minority statistextreme position basically credits most major economic achievements in East Asia to appropriate interventions by developmentalist states. While very few people would actually fully identify with either of these caricatured extremes, much of the discussion actually gravitates around either of these poles.”
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