000 02021nam a22001457a 4500
999 _c25419
_d25419
020 _a9780198792369
082 _a338.959
_bSUM-D
100 _aSumner, Andy
245 _aDevelopment and distribution
_b: structural change in South East Asia
260 _aUnited Kingdom
_bOxford University Press
_c2018
300 _ax, 218p.
520 _aSince the Second World War, surprisingly few developing countries have experienced a truly sustained episode of economic and social convergence towards the structural characteristics of the advanced nations. East Asia has exceeded most regions in its achievement of convergence, and much has been written on comparative industrialization and development in North-East Asia. Less discussed is South East Asia and the surprising and inclusive transformation several of its countries have undergone. Development and Distribution focus on South East Asia and, more specifically, on Malaysia, Indonesia, and Thailand. These three nations have all undergone a major transformation - in a way never anticipated - from being poor, agrarian countries to middle-income countries with developed industrial and manufacturing bases. How did Malaysia, Indonesia, and Thailand achieve such a transformation, and how did they achieve the transformation with a form of economic growth that was driven by structural transformation, but that was 'inclusive'? Given that historically it has been thought that structural transformation tends to push up inequality, whilst inclusive growth necessitates static or even falling inequality, this last point is particularly salient to developing countries. Understanding how the transformation was possible in a relatively small space of time, the extent to which it was inclusive and the caveats and prospects for South East Asia is thus an area of enquiry significant to all developing countries as they seek economic and social transformation.
650 _aEconomic history
_vIncome distribution
_vIndustrialization
_zSoutheast Asia
942 _2ddc
_cBK