LECTURE, PART II Economy and Politics. How well are the SEA economies doing? Look only at a few...
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Transcript of LECTURE, PART II Economy and Politics. How well are the SEA economies doing? Look only at a few...
LECTURE, PART II
Economy and Politics
How well are the SEA economies doing?
Look only at a few statistics, for HDI in 2010:#1 Norway, .938; #4 US, .902#27 Singapore, .846; #59 Malaysia, .744;#94 Thailand, .654; #100 Philippines, .638;#111 Indonesia, .6; #116 Vietnam, .572;then Lao, Cambodia, Myanmar
And a few more…
HDI scores 1970 2010 Gains % (rank)
Gains value
Cambodia .303 .544
China .349 .718 3 2
Indonesia .369 .686 3
Lao .292 .574 5 5
Philippines .548 .681
Vietnam .385 .656
Why we should be surprised
Conditions at independenceSubsequent political conflicts
Stateness
Predicting life opportunitiesHistorical legacies
mandalagalactic politytheater state
Performance on ROL, educationAnd yet…
Political economy snapshots
CambodiaIndonesiaVietnamThe PhilippinesMalaysiaMyanmar
Cambodia
Hun Sen PM since 1984Garment industry employed 300,00057% in povertyLowest HDI other than MyanmarForeign aid 2011 $1 billion
Indonesia
SBY re-elected 2009SEA’s most successful democracy?Corruption, poor bureaucracy, bottlenecksRe-think on decentralization?Poverty rate down to 14%
Vietnam
11th Party Congress, early this yearPM Nguyen Tan Dung remains
VCP Sec-Gen Nguyen Phu TrongInflation, deficits; Vinashin collapseManufacturing employment
The Philippines
Gloria Arroyo gone; another Aquino2009 electionsOverseas remittancesFamily planning
Malaysia
Barisan Nasional lost two-thirds majority 2008
PM Najib Tun Razak April 2009Patronage model outmoded?Reforms in NEP?Vision 2020Emigration concerns
Myanmar
Than Shwe stepped downLate 2010 electionsNew constitutionGrounds for hopes?
Readings
Asian Survey, Vol.51, No.1www.atimes.com (Asia Times Online)www.asiasentinel.comAsia Development Bank, Asian Development
Outlook, 2011