BOOK REVIEW: The Political Economy of Southeast Asia: Politics and Uneven Development under Hyperglobalisation, edited by Toby Carroll, Shahar Hameiri and Lee Jones

2021 ◽  
Vol 43 (2) ◽  
pp. 427-429
Author(s):  
Kaewkamol Pitakdumrongkit ◽  
Keyword(s):  
Political Economy ◽  
Southeast Asia ◽  
Uneven Development ◽  
The Political

The Contributions of the political economy approach: An analysis of Socio-economic development in Indonesia

2020 ◽  
Author(s):  
Falih Suaedi ◽  
Muhmmad Saud
Keyword(s):  
Political Economy ◽  
Economic Development ◽  
Southeast Asia ◽  
Comparative Politics ◽  
Analytical Framework ◽  
The Political ◽  
Developmental Studies ◽  
Socio Economic Development ◽  
Relationship Of ◽  
Political Economy Approach

This article explores in what ways political economy as an analytical framework for developmental studies has contributed to scholarships on Indonesian’s contemporary discourse of development. In doing so, it reviews important scholarly works on Indonesian political and economic development since the 1980s. The argument is that given sharp critiques directed at its conceptual and empirical utility for understanding changes taking place in modern Indonesian polity and society, the political economy approach continues to be a significant tool of research specifically in broader context of comparative politics applied to Indonesia and other countries in Southeast Asia. The focus of this exploration, however, has shifted from the formation of Indonesian bourgeoisie to the reconstitution of bourgeois oligarchy consisting of the alliance between the politico-bureaucratic elite and business families. With this in mind, the parallel relationship of capitalist establishment and the development of the state power in Indonesia is explainable.<br>

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