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Linking, de‐linking and re‐linking: Southeast Asia in the global economy in the twentieth century
Author(s) -
Booth Anne
Publication year - 2004
Publication title -
australian economic history review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.493
H-Index - 16
eISSN - 1467-8446
pISSN - 0004-8992
DOI - 10.1111/j.1467-8446.2004.00109.x
Subject(s) - southeast asia , commodity , economy , foreign direct investment , world economy , investment (military) , economics , international trade , development economics , geography , political science , history , market economy , ancient history , politics , law , macroeconomics
This paper examines how links between the economies of Southeast Asia and the world economy have changed over the twentieth century, paying particular attention to growth in commodity exports, investment flows and international migration. Most parts of Southeast Asia expanded their links with the global economy in the latter part of the nineteenth and early twentieth centuries, but the years from 1940 to 1965 saw a decline in Southeast Asia's share of tropical exports, and of direct foreign investment. Migration flows also slowed. Over the last four decades of the twentieth century, international links expanded again, but there have been marked variations between countries.