The theme of this study is that seven major East Asian less developed countries (LDCs) have experienced "dependent development," and that some internal and external intervening factors mattered in that process. Utilizing a framework of "dependent development," the data analysis deals with the political economy of development in these countries. This analysis supports the fundamental arguments of the dependent development perspective, which emphasize positive effects of foreign capital dependence in domestic capital formation and industrialization in East Asian LDCs. This perspective assumes the active role of the state, and it is found here to be crucial in capital accumulation and in economic growth. This cross-national time-series analysis also shows that the effects of external dependence and military spending on capital accumulation and economic growth can be considered as a regional phenomenon. The dependent development perspective offers a useful way to understand economic dynamism of East Asian LDCs for the past two decades.

This study attempts to address the performance of military and civilian regimes in promoting socioeconomic development and providing military policy resources in the Third World. Using pooled cross-sectional time series analysis, three models of socioeconomic and military policy performance are estimated for 66 countries in the Third World for the period 1965-1985. These models include the progressive, corporate self-interest, and conditional. The results indicate that socioeconomic and military resource policies are not significantly affected by military control. Specifically, neither progressive nor corporate self-interest models are supported by Third World data. In addition, the conditional model is not confirmed by the data. Thus, a simple distinction between military and civilian regimes is not useful in understanding the consequences of military rule.