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Item Details
Title: MALAYSIA'S DEVELOPMENT CHALLENGES
GRADUATING FROM THE MIDDLE
By: Hal Hill (Editor), Siew Yean Tham (Editor), Ragayah Haji Mat Zin (Editor)
Format: Paperback

List price: £43.99
Our price: £39.59
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ISBN 10: 0415631939
ISBN 13: 9780415631938
Availability: Usually dispatched within 1-3 weeks.
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Publisher: TAYLOR & FRANCIS LTD
Pub. date: 1 May, 2012
Series: Routledge Malaysian Studies Series 11
Pages: 376
Description: Examines the various economic, political & 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 & development practitioners in the developing world, particularly in middle-income economies.
Synopsis: 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.
Illustrations: 29 black & white illustrations, 70 black & white tables, 29 black & white
Publication: UK
Imprint: Routledge
Returns: Returnable
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