HIST-1106EL Study Guide - Quiz Guide: Four Asian Tigers, Suharto, Rwandan Patriotic Front
13 Nov 2020
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Benefit low labor costs and large population, attracting substantial investment from. Import substitution more developed and expensive asian tigers. Modelling economy on japan and south korea. Political stability based on military support for a strong political leader (suharto succeeded sukarno) Suharto"s reliance on western like economists: inflation under control, opened country again to western investment, balanced state budgets. Succesfull population program: priority: birth control. Oil boom: revenues export led growth strategy. Lacked reserves of oil to lubricate way through the 1970"s. Spanish and american colonial rule had fostered an entrenched plantation society. Americans did not engineer land reform (contrast with japan, taiwan and south korea) Lacked independent peasantry that was the backbone of thailand"s growth. Roman catholic church (spanish rule) against contraception. Policy failures: commitment heavy industry and domestic-led growth, neglected agriculture, expanded state sector, foreign debts. Marcos: authoritarian rule and political violence martial law: land reform neglected, development aid in pockets marcos family.
