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Conventional wisdom holds that "institutions matter." Here, Andrew MacIntyre reveals exactly how they matter in the developing world. Combining an eye for current concerns in international politics with a deep knowledge of Southeast Asia, MacIntyre explores the impact of institutions on effective governance. He examines the "national political architecture"—the complex of rules that determine how leadership of a state is constituted and how state authority is exercised. The Power of Institutions sets out an intriguing conundrum: one well-established body of literature decries the evils of highly centralized political systems, while an equally vigorous school of thought outlines the dangers...
"Growing Apart is an important and distinguished contribution to the literature on the political economy of development. Indonesia and Nigeria have long presented one of the most natural opportunities for comparative study. Peter Lewis, one of America's best scholars of Nigeria, has produced the definitive treatment of their divergent development paths. In the process, he tells us much theoretically about when, why, and how political institutions shape economic growth." —Larry Diamond, Senior Fellow, Hoover Institution "Growing Apart is a careful and sophisticated analysis of the political factors that have shaped the economic fortunes of Indonesia and Nigeria. Both scholars and policymake...
In Globalizing in Hard Times, Leonardo Martinez-Diaz examines the sudden and substantial increase in cross-border ownership of commercial banks in countries where bank ownership had long been restricted by local rules. Many parties—the World Bank and the IMF, the world's largest commercial banks, their home governments, and their negotiators—had been pushing for a relaxation of ownership rules since the early 1980s and into the 1990s, when bank profitability levels in advanced industrial societies went flat. In their hunt for higher returns on assets, the major banks looked to expand business overseas, but through the mid-1990s their efforts to impose more liberal ownership regimes in na...
This book represents the first systematic attempt to explore the financial crisis in an interdisciplinary and comparative perspective and is essential reading for both policy-makers and academics interested in national governance.
With globalization on the wane in a world fractured by growing great power competition, Hoo and McKinney argue that regionalism is likely to re-emerge as a focal area of significance and interest in the coming years. In Asia, how regionalism evolves is inescapably linked to China’s part in this story. Hoo, McKinney and their contributors will help readers better understand regionalism as it is approached, conceived and practiced by China. Looking past the conventional attention on the Belt-Road Initiative, the contributors examine the evolving perspectives on regionalism within China, the forms which this regionalism has taken and the implications for the strategic order in Asia. This incl...
Ten original essays examine the political and institutional factors that influence the initiation and efficiency of preferential credit policies in Korea, Taiwan, Thailand, Indonesia, the Philippines, Chile, Mexico, and Brazil.
“A good read for anyone who wants to understand what actually determines whether a developing economy will succeed.” —Bill Gates, “Top 5 Books of the Year” An Economist Best Book of the Year from a reporter who has spent two decades in the region, and who the Financial Times said “should be named chief myth-buster for Asian business.” In How Asia Works, Joe Studwell distills his extensive research into the economies of nine countries—Japan, South Korea, Taiwan, Indonesia, Malaysia, Thailand, the Philippines, Vietnam, and China—into an accessible, readable narrative that debunks Western misconceptions, shows what really happened in Asia and why, and for once makes clear why ...
Why are some places successful in moving from war to consolidated peace while others continue to be troubled by violence? And why does postconflict violence take different forms and have different intensities? By developing a new theory of postconflict violence Patrick Barron's When Violence Works makes a significant contribution to our understanding. Barron picks out three postconflict regions in Indonesia in which to analyze what happens once the "official" fighting ends: North Maluku has seen peace consolidated; Maluku still witnesses large episodes of violence; and Aceh experiences continuing occurrences of violence but on a smaller scale than in Maluku. He argues that violence after war...
This book brings together recent research on the end of the Cold War in the Third World and engages with ongoing debates about regional conflicts, the role of great powers in the developing world, and the role of international actors in conflict resolution. Most of the recent scholarship on the end of the Cold War has focused on Europe or bilateral US-Soviet relations. By contrast, relatively little has been written on the end of the Cold War in the Third World: in Asia, Africa, and Latin America. How did the great transformation of the world in the late 1980s affect regional conflicts and client relationships? Who "won" and who "lost" in the Third World and why do so many Cold War-era probl...