Southeast Asia's Misunderstood Miracle: Industrial Policy and Economic Development in Thailand, Malaysia and Indonesia

Synopsis

"As this study demonstrates, government intervention in agriculture, in the management of natural resource rents, & in industrial policies in the second tier NICs was crucial for the success of later industrialization. This book shows that even though these industrial policies could have been better, there is little doubt that they contributed to the success of broad-based growth in the second tier NICs." Michael T. Rock Senior Economist, Winrock International Institute for Agricultural Development