Development and Distribution

Development and Distribution
Author :
Publisher : Oxford University Press
Total Pages : 292
Release :
ISBN-10 : 9780192510761
ISBN-13 : 0192510762
Rating : 4/5 (762 Downloads)

Book Synopsis Development and Distribution by : Andy Sumner

Download or read book Development and Distribution written by Andy Sumner and published by Oxford University Press. This book was released on 2018-07-03 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 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 has undergone. Development and Distribution focuses 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.


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