That stance cost him credibility with his own people. So, for the region as a whole, there should be a lot more public voice in government affairs. Perhaps the most important long-term impact will be on how development specialists think about the Asian miracle. These societies did not repeal the laws of economics, but their high savings rates and attention to rural development allowed crony capitalism to misallocate vast resources in the industrial and property sectors, without devastating effects on the rate of economic growth. The key lesson then is that in a capitalist system there had better be a financial system that allocates capital efficiently.
Proper citation is required.