Southeast Asia beyond Crises and Traps

Economic Growth and Upgrading

  • Boo Teik Khoo
  • Keiichi Tsunekawa
  • Motoko Kawano

Part of the Studies in Economic Transition book series (SET)

Table of contents

  1. Front Matter
    Pages i-xx
  2. Khoo Boo Teik, Keiichi Tsunekawa
    Pages 1-32
  3. Surveys of Political Economy

  4. In Search of Continuous Improvement

  5. Back Matter
    Pages 297-309

About this book


This book examines how Indonesia, Malaysia, the Philippines, Thailand and Vietnam can provide instructive case studies of how Southeast Asia has negotiated pathways of development beyond crises and traps. At two ends of just one decade, 1997–2007, these five countries all  weathered 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 economies 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 and competitiveness along lesser known pathways. The chapters of this book take a novel approach to South East Asia’s search for growth and improvement. They provide original insights into actual cases of intermediate ways of achieving growth, upgrading and income improvement in non-privileged sectors. Such cases hold more relevant lessons for the majority of developing countries than the experiences of highly developed economies.


middle-income trap political economy resilience financial crisis Indonesia Malaysia Philippines Thailand

Editors and affiliations

  • Boo Teik Khoo
    • 1
  • Keiichi Tsunekawa
    • 2
  • Motoko Kawano
    • 3
  1. 1.National Graduate Institute for Policy StudiesTokyoJapan
  2. 2.National Graduate Institute for Policy StudiesTokyoJapan
  3. 3.National Graduate Institute for Policy StudiesTokyoJapan

Bibliographic information