Approaches to the Politics of Economic Growth in Southeast Asia

The pacific rim's record of impressive economic growth over the past twenty years is now well known. While most obvious in Japan, this expansion has been striking in the East Asian Newly Industrialized Countries (NICs): Singapore, Hong Kong, South Korea, and Taiwan. But it has also occurred to varying degrees in four of the original members of the Association of Southeast Asian Nations (ASEAN): Indonesia, Malaysia, the Philippines, and Thailand. In addition to increases in overall output, each of these four economies has achieved a considerable degree of restructuring in favor of manufacturing and away from commodity production since the 1970s (e.g., Lee and Naya 1988:S134).