scholarly journals Ulbe Bosma, The Making of a Periphery. How Island Southeast Asia Became a Mass Exporter of Labor. New York: Columbia University Press, 2019. ISBN 9780231188524 and ISBN 9780231547901

Author(s):  
Ulbe Bosma

Many books have been written about the incorporation of the Caribbean region, South Asia, Africa and Latin America into the global economy. Remarkably, few have dealt with Island Southeast Asia or Maritime Southeast Asia as a macro-region. For the Caribbean nations, it has been amply discussed how the legacies of the plantation economies consisted of meagre economic growth and massive unemployment. Conversely, scant attention has been given to the question how societies in Island Southeast Asia were turned into providers of cheap commodities and how this impacted their long-term development prospects. This silence is even more remarkable considering some striking parallels with Caribbean socio-economic trajectories. Today, emigration of millions is the fate of Island Southeast Asia, as it is for the Caribbean region. To break the silence and to invite further discussion I wrote The Making of a Periphery: How Island Southeast Asia Became a Mass Exporter. After reading the review by Dr Aguilar on this book in a previous issue of this journal, I felt that it could be worthwhile to highlight some of the main points of my argument about the peripheral integration of Island Southeast Asia in the global economy. I am grateful to the editors of the International Journal of Asian Studies for granting me the opportunity to do so.

Author(s):  
P.J. Worsley ◽  
Ktut Ginarsa ◽  
Th. J. Gerold-Scheepers ◽  
M.A. Jaspan ◽  
Renato Rosaldo ◽  
...  

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Author(s):  
Redactie KITLV

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2019 ◽  
Vol 2019 (256) ◽  
Author(s):  
Mauricio Vargas ◽  
Daniela Hess

Using data from 1980-2017, this paper estimates a Global VAR (GVAR) model taylored for the Caribbean region which includes its major trading partners, representing altogether around 60 percent of the global economy. We provide stilyzed facts of the main interrelations between the Caribbean region and the rest of the world, and then we quantify the impact of external shocks on Caribbean countries through the application of two case studies: i) a change in the international price of oil, and ii) an increase in the U.S. GDP. We confirmed that Caribbean countries are highly exposed to external factors, and that a fall in oil prices and an increase in the U.S. GDP have a positive and large impact on most of them after controlling for financial variables, exchange rate fluctuations and overall price changes. The results from the model help to disentangle effects from various channels that interact at the same time, such as flows of tourists, trade of goods, and changes in economic conditions in the largest economies of the globe.


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