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Legal Theory & Systems - The Politics of Uneven Development: Thailand's Economic Growth in Comparative Perspective

Description

        Book Synopsis: Why do some middle-income countries diversify their economies but fail to upgrade – to produce world-class products based on local inputs and technological capacities? Why have the "little tigers" of Southeast Asia, such as Thailand, continued to lag behind the Newly Industrializing Countries of East Asia? Richard Doner goes beyond "political will" by emphasizing institutional capacities and political pressures: Development challenges vary. Upgrading poses tough challenges that require robust institutional capacities. Such strengths are political in origin. They reflect pressures, such as security threats and resource constraints, which motivate political leaders to focus on efficiency more than clientelist payoffs. Such pressures help to explain the political institutions – "veto players" – through which leaders operate. Doner assesses this argument by analyzing Thai development historically, in three sectors (sugar, textiles, and autos) and in comparison with both weaker and stronger competitors (Philippines, Indonesia, Taiwan, Brazil, and South Korea).

Details

Are you wondering why some middle-income countries thrive in economic diversification while others struggle to keep up? The Politics of Uneven Development: Thailand's Economic Growth in Comparative Perspective delves into this intriguing topic. This book goes beyond mere political will and sheds light on the importance of institutional capacities and political pressures in shaping a country's development. If you're curious about the factors that have contributed to Thailand's lagging economic growth and how it compares to other emerging economies, this is the book for you.

Richard Doner, the author, argues that upgrading a country's economic capabilities presents formidable challenges that demand robust institutional capacities. These capacities are a result of political factors and reflect the pressures faced by leaders, including security threats and resource constraints. As a reader, you will gain valuable insights into the political institutions and leaders' decision-making processes, ultimately understanding how they impact Thailand's development.

Through a historical analysis of three key sectors – sugar, textiles, and autos – and a comparison with both weaker and stronger competitors such as the Philippines, Indonesia, Taiwan, Brazil, and South Korea, Doner provides an in-depth assessment of his arguments. This comprehensive examination offers you a well-rounded perspective on Thailand's economic growth in relation to other countries in Southeast Asia and beyond.

If you're ready to unlock the mysteries behind Thailand's economic development and gain a deeper understanding of the factors that contribute to the success or failure of middle-income countries, don't miss out on The Politics of Uneven Development: Thailand's Economic Growth in Comparative Perspective. Get your copy now!

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