MALAYSIA'S DEVELOPMENT CHALLENGES by Hal Hill (Editor), Tham Siew Yean (Editor), Ragayah Haji Mat Zin (Editor) ( 9781136626616 )

Item Details

Title:

MALAYSIA'S DEVELOPMENT CHALLENGES
GRADUATING FROM THE MIDDLE

By:

Hal Hill (Editor), Tham Siew Yean (Editor), Ragayah Haji Mat Zin (Editor)

Format:

Electronic book text

List price:	£39.99
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ISBN 10:

1136626611

ISBN 13:

9781136626616

Publisher:

TAYLOR & FRANCIS LTD

Pub. date:

13 September, 2011

Series:

Routledge Malaysian Studies Series

Pages:

350

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 Line drawings, black and white; 70 Tables, black and white; 29

Publication:

Imprint:

Routledge

Returns:

Non-returnable

Some other items by this author:

ASIA RISING (HB)

CHANGING CONSTELLATIONS OF SOUTHEAST ASIA