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Containing the latest research and insights of academics and development practitioners pursuing political and economic reforms in the ASEAN region, Building Inclusive Democracies in ASEAN recognizes that a well-functioning democracy is part of what ultimately fosters inclusive growth and development. Inequitable access to democratic processes and mechanisms produce government policies and initiatives that are inconsistent with the needs of the majority.The chapters include empirical research on the symptoms and effects of traditional patron-client politics, experiences, insights, analyses, and policy recommendations, as well as reflections, on reform efforts along the lines of citizens' participation, transparency, and evidence-based policymaking.
A comprehensive study of dynasticism in modern democracies, providing a new perspective on where dynasties come from and why they matter.
Capital flight - the unrecorded export of capital from developing countries - often represents a significant cost for developing countries. It also poses a puzzle for standard economic theory, which would predict that poorer countries be importers of capital due to its scarcity. This situation is often reversed, however, with capital fleeing poorer countries for wealthier, capital-abundant locales. Using a common methodology for a set of case studies on the size, causes and consequences of capital flight in developing countries, the contributors address the extent of capital flight, its effects, and what can be done to reverse it. Case studies of Brazil, China, Chile, South Africa, Thailand,...
This book examines five countries in South East Asia that are instructive case studies of how the region has had to negotiate pathways of development beyond crises and traps. At two ends of just one decade, 1997–2007, Indonesia, Malaysia, the Philippines, Thailand and Vietnam all had to weather the shocks of an East Asian financial crisis and a global financial crisis. Some economies might have buckled completely under those shocks and been condemned to long-term stagnation. Yet these five economies, part of the larger Asian region, emerged with continued if slower economic growth. An important theme of this book is that their resilience has been partly derived from the pursuit of growth a...
Trade and capital are important in the Asia region. Trade in the APEC region has been increasing, but the large rise in China’s exports has also been disturbing as it exhibits export substitution. The first two papers conclude that every economy has gained in trade, though some are more successful than others. And that rise in export has a lot to do with a rise in foreign direct investments. Macroeconomic stability is the pre-condition to growth. Empirical studies show that the lack of stability has encouraged capital to flee an economy. Similarly, a market-oriented, price-driven and matured financial market provides an alternative source of funding. The lesson in economic development is that success in economic growth requires both an externally friendly market environment as well as consistent and favourable internal policies.
Democracy is in decline and the share of world's population living in freedom under democratic government has decreased considerably as authoritarian practices proliferate. Surprisingly, most of the analyses that study these developments give little attention to the role of political parties in the decline of democracy although there is a broad consensus about the relevance of political parties for the functioning of democracy. How parties can contribute to democracy is best understood by looking at a very diverse range of cases in different parts of the world. Instead of taking a regional approach which dominates the literature on political parties, this volume takes a global perspective. I...
Democracy is easy to talk about but hard to define in other than broad generalizations; its history is a long, complex, and contested subject. What this volume seeks to do is to explore the general evolution of political and social thinking that would eventually coalesce into what we now know as democracy, for all its imperfections and shortcomings. The question of just why some societies evolved into a democratic trajectory and others did not continues to engage the interest of historians, political scientists, sociologists, and anthropologists. Much conjecture surrounds the rise of certain elements we now recognize if not as democratic, then proto-democratic, such as collective decision-ma...
Level of compliance - one of the most important prerequisites of good governance - varies widely across countries of the Global North and the less developed, Global South. Acts of non-compliance, such as electoral irregularities, dubious deals between private and public sectors, questionable role of the justice systems and financial scandals, though they vary greatly across countries, are an omnipresent reality of contemporary life. This volume has brought together a number of case studies of such deviant behavior in political, juridical and corporate fields, from several countries of Asia, Europe and South America, within a common framework. Instead of a moral approach based exclusively on the legality and illegality of the act, the authors of these essays dissect non-compliance analytically, taking culture and context into account. They argue that, while criminal and corrupt dealings deserve to be exposed by all means from an ethical point of view, seen from an interdisciplinary angle, one needs to probe deeper into the dynamic that leads to such non-compliance with the law in the first place.
With the ‘Asian Century’ now upon us, bringing with it many profound economic and political changes to the world order, it is very timely to assess the state of democracy in the Asian region. Focusing on Eastern Asia, this book provides such a review, highlighting lines of connections between the states and peoples of this complex and dynamic region. Featuring chapters on China, Japan, Taiwan, South Korea, Hong Kong, Indonesia, Malaysia, Singapore, Thailand, the Philippines, Cambodia, and Myanmar, this book provides a detailed analysis of the state of democracy in each country or territory, and shows how each is different and distinctive, whilst simultaneously drawing out important simil...
China is at a critical juncture in its economic transformation as it tries to rebalance what is generally seen as an exhausted growth model. A unifying theme across the reforms that will deliver this transformation is that it can no longer be achieved by raising the amount of physical investment and government direction of resource allocation. Instead China is building a new set of policy frameworks that will allow markets to function more effectively—not unfettered markets, but markets that work efficiently, in line with broad social and other policy goals, and in a sustainable way. Hence, China is now building a new soft infrastructure, that is, the institutional plumbing that underpins ...