Three Asian Dictators: The Good, the Bad, and the Ugly
13 Pages Posted: 18 Jan 2016
Date Written: January 16, 2016
This article will explore the political virtues of the institutions that transformed the national economies of Philippines, Singapore, and Taiwan. In the former, institutions created the capacity for institutional development, whereas in the latter, it facilitiated the siphoning-off economic surplus in side-payments to a narrow elite. To understand the different coalitional structures that emerged in the two countries, we will explore incentives triggered by the degree of systemic vulnerability, geopolitical security and resource constraints that the leadership faced to determine the political incentives that motivate the creation of institutions for economic transformation.
Keywords: Political Virtue, Resource Curse, Winning Coalition, South East Asia
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