Suchergebnisse

The king of Thailand articulated the Sufficiency Economy Philosophy (SEP). Supporters of sustainable development, including the United Nations Development Program, have embraced the SEP. However, the SEP also confronts many critics, perhaps in part because critics disapprove the monarchy's perceived political outlook. The SEP is understood most usefully as a primer to help Thais, especially those with modest assets, to make their way among the largely unfamiliar signposts of globalized markets. In support of this understanding, the article introduces broadly similar, norm-focused survival guides associated historically with the onset of capitalism in Russia, the United Kingdom, and the United States. (Asian Aff/GIGA)

This book asks why some countries have responded to the external constraints and opportunities arising from their global and regional economic context by opening up their economies. In particular, the authors examine the role domestic political and economic factors play in shaping the decision to become more open, or more inward-looking. The countries of Southeast Asia have generally enjoyed economic success in the postwar period. The authors argue that one of the explanations for this success has been their integration into the global division of labor, and analyze decision-makers' reasons for following this course. They place particular emphasis on external events, notably the two oil shocks of the 1970s, and the more recent outflow of investment capital and manufacturing capacity from Japan and East Asia