I am very familiar with Myanmar and Philippines where these elite theories are highly applicable... Also need to point out Taiwan as my understanding was when CKS finally got his act together, he did land reform there and instead of killing-exiling the landlords, like they did in China, he forced them to become industrialists which made Taiwan an economic powerhouse... I also thought the Japanese did the same with the Samurai class-elite to largely sideline and buy them off back in the 1800s...
This sounds like a very interesting book and I linked to your post in my weekly emerging market link post: https://emergingmarketskeptic.substack.com/p/emerging-markets-week-september-26-2022
I am very familiar with Myanmar and Philippines where these elite theories are highly applicable... Also need to point out Taiwan as my understanding was when CKS finally got his act together, he did land reform there and instead of killing-exiling the landlords, like they did in China, he forced them to become industrialists which made Taiwan an economic powerhouse... I also thought the Japanese did the same with the Samurai class-elite to largely sideline and buy them off back in the 1800s...
Can't wait for the next article about increasing economic growth. Especially if you talk about how these middle income economies can move forwards.