
Malaysia's Development Challenges
Graduating from the Middle
Routledge (Publisher)
1st Edition
Published on 1. May 2012
Book
Paperback/Softback
350 pages
978-0-415-63193-8 (ISBN)
Description
This book examines the various economic, political and developmental policy challenges that Malaysia faces in her shift from a middle income to high-income economy. This issue is of great interest to academics, policy makers and development practitioners in the developing world, particularly in middle-income economies where there is a widespread concern about the challenges of managing such a transition.
Malaysia is one of the developing world's greatest success stories. The book argues that as one of the developing world's most open economies, with a reputation for prudent macroeconomic management, Malaysia has achieved consistent growth since independence. It has moved from a largely resource-based economy to a multinational-led, export-oriented, industrial economy. Despite this success, Malaysia, like other developing countries, is currently at a crossroads in its development strategy; it is in danger of being unable to graduate to the level of more advanced economies - such as Korea, Taiwan and Singapore - but with the basis of its success at risk from competition from efficient, lower-wage countries - such as China, India and Vietnam. Moreover, there are new threats to the political stability and affirmative action programmes which have successfully held together a very racially diverse population.
Malaysia is one of the developing world's greatest success stories. The book argues that as one of the developing world's most open economies, with a reputation for prudent macroeconomic management, Malaysia has achieved consistent growth since independence. It has moved from a largely resource-based economy to a multinational-led, export-oriented, industrial economy. Despite this success, Malaysia, like other developing countries, is currently at a crossroads in its development strategy; it is in danger of being unable to graduate to the level of more advanced economies - such as Korea, Taiwan and Singapore - but with the basis of its success at risk from competition from efficient, lower-wage countries - such as China, India and Vietnam. Moreover, there are new threats to the political stability and affirmative action programmes which have successfully held together a very racially diverse population.
More details
Series
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Illustrations
29 s/w Abbildungen, 29 s/w Zeichnungen, 70 s/w Tabellen
70 Tables, black and white; 29 Line drawings, black and white; 29 Illustrations, black and white
Dimensions
Height: 234 mm
Width: 156 mm
Weight
700 gr
ISBN-13
978-0-415-63193-8 (9780415631938)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

Hal Hill | Tham Siew Yean | Ragayah Haji Mat Zin
Malaysia's Development Challenges
Graduating from the Middle
E-Book
07/2013
1st Edition
Routledge
€64.49
Available for download

Hal Hill | Tham Siew Yean | Ragayah Haji Mat Zin
Malaysia's Development Challenges
Graduating from the Middle
E-Book
07/2013
1st Edition
Routledge
€64.49
Available for download

Hal Hill | Tham Siew Yean | Ragayah Haji Mat Zin
Malaysia's Development Challenges
Graduating from the Middle
Book
09/2011
1st Edition
Routledge
€245.53
Shipment within 15-20 days
Persons
Hal Hill is the H.W. Arndt Professor of Southeast Asian Economies in the Department of Economics, Australian National University.
Tham Siew Yean is a Professor and Principal Fellow at the Institute of Malaysian and International Studies (IKMAS), National University of Malaysia.
Ragayah Haji Mat Zin is a Professor and Principal Fellow at the Institute of Malaysian and International Studies (IKMAS), National University of Malaysia.
Tham Siew Yean is a Professor and Principal Fellow at the Institute of Malaysian and International Studies (IKMAS), National University of Malaysia.
Ragayah Haji Mat Zin is a Professor and Principal Fellow at the Institute of Malaysian and International Studies (IKMAS), National University of Malaysia.
Editor
Australian National University
National University of Malaysia
National University of Malaysia
Content
1. Malaysian Economic Development: Looking Backward and Forward 2. Political Challenges in Economic Upgrading: Malaysia Compared with South Korea and Taiwan 3. The Politics and Policies of Corporate Development: Race, Rents and Redistribution in Malaysia 4. The Malaysian Economy During Three Crises 5. Monetary Policy and Financial Sector Development 6. Public Sector Resource Management 7. Microeconomic Reform in Malaysia 8. Services Liberalization: The Need for Complementary Policies 9. Is Malaysia's Electronics Industry Moving up the Value Chain? 10. The Crisis in Eucation 11. Poverty Eradication and Income Distribution 12. Demographic and Labour Force Dynamics 13. Shifting the Policy Goal from Environment to Sustainable Development