Abstract

July 5, 2021, Paper: "The per capita GDP of the nine countries of Southeast Asia varies from less than $5,000 to over $97,000. One reason some have higher income than others, notably Singapore and Malaysia, relates to development that occurred prior to the Second World War. Using a comparative political economy approach or methodology, the essay concludes that the major reason for the variation was that six of the countries experienced major sustained disruptions resulting from extreme politics and political instability. These included wars, kleptocratic governments and leaders more interested in ideology or foreign policy than economic growth." Read Via the Fulbright Review of Economics and Policy

Non-HKS Author Website - Dwight Perkins