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The Politics of Open Economies

Author

Listed:
  • Bowie,Alasdair
  • Unger,Daniel

Abstract

This book asks why some countries have responded to the external constraints and opportunities arising from their global and regional economic context by opening up their economies. In particular, the authors examine the role domestic political and economic factors play in shaping the decision to become more open, or more inward-looking. The countries of Southeast Asia have generally enjoyed economic success in the postwar period. The authors argue that one of the explanations for this success has been their integration into the global division of labor, and analyze decision-makers' reasons for following this course. They place particular emphasis on external events, notably the two oil shocks of the 1970s, and the more recent outflow of investment capital and manufacturing capacity from Japan and East Asia.

Suggested Citation

  • Bowie,Alasdair & Unger,Daniel, 1997. "The Politics of Open Economies," Cambridge Books, Cambridge University Press, number 9780521586832, January.
    • Handle: RePEc:cup:cbooks:9780521586832
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    Citations

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    Cited by:

    1. Camba, Alvin, 2015. "From Colonialism to Neoliberalism: Critical Reflections on Philippine Mining in the "Long Twentieth Century"," SocArXiv 4g65e, Center for Open Science.
    2. Hanana Khan & Maran Marimuthu & Fong-Woon Lai, 2020. "Fiscal Deficit and Its Less Inflationary Sources of Borrowing with the Moderating Role of Political Instability: Evidence from Malaysia," Sustainability, MDPI, vol. 12(1), pages 1-16, January.
    3. Veerayooth Kanchoochat, 2014. "Coalition Politics and Reform Dynamics in Thailand," GRIPS Discussion Papers 13-26, National Graduate Institute for Policy Studies.
    4. Nicholas A Phelps & Sharifah R S Dawood, 2014. "Untangling the Spaces of High Technology in Malaysia," Environment and Planning C, , vol. 32(5), pages 896-915, October.
    5. Michael T. Rock, 2015. "Southeast Asia’s Democratic Developmental States and Economic Growth," Institutions and Economies (formerly known as International Journal of Institutions and Economies), Faculty of Economics and Administration, University of Malaya, vol. 7(1), pages 23-51, April.
    6. Yi-hung Chiou, 2010. "A Two-level-games Analysis of AFTA Agreements: What Caused ASEAN States to Move towards Economic Integration?," Journal of Current Southeast Asian Affairs, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 29(1), pages 5-49.
    7. Kyle, Jordan, 2017. "Perspectives on the role of the state in economic development: Taking stock of the “Developmental State†after 35 years," IFPRI discussion papers 1597, International Food Policy Research Institute (IFPRI).
    8. N. A. Phelps, 2004. "Archetype for an archipelago? Batam as anti-model and model of industrialization in reformasi Indonesia," Progress in Development Studies, , vol. 4(3), pages 206-229, July.

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