Malaysia's Development Challenges : Graduating from the Middle EPUB
Edited by Hal Hill, Tham Siew Yean, Ragayah Haji Mat Zin
Part of the Routledge Malaysian Studies Series series
EPUB
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.
Information
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Download - Immediately Available
- Format:EPUB
- Pages:350 pages
- Publisher:Taylor and Francis
- Publication Date:03/07/2013
- Category:
- ISBN:9781136626609
Information
-
Download - Immediately Available
- Format:EPUB
- Pages:350 pages
- Publisher:Taylor and Francis
- Publication Date:03/07/2013
- Category:
- ISBN:9781136626609