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Faculty Publication: Professor of Economics Michael T. Rock

April 18, 2018

The Last Fifty Years: Development Strategy and Development Performance in Southeast Asia

Author: Michael T. Rock

Publication Type: Journal Article

Source: DOI: 10.1355/ae35-1e

Abstract: Circa 1960 virtually no one expected the economies of Southeast Asia to be among the fastest growing economies in the world. Yet they are. The aims here are to explain why most economic and political analysts missed the post 1965 turnaround in development performance and to demonstrate how and why newly emerging political elites, dictators and democrats alike, constructed and sustained hegemonic center right pro-growth coalitions that ushered in high speed shared growth.

Department of Economics