The United States and the Malaysian Economy

The United States and the Malaysian Economy PDF

Author: Shakila Yacob

Publisher: Routledge

Published: 2008-05-27

Total Pages: 337

ISBN-13: 1134084455

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This book explores the relationship between the United States and the Malaysian economy, concentrating on the period 1870 to 1957, with particular focus on trade flows and foreign direct investment. This is the first book to examine, in depth, US economic involvement in colonial Malaya. Exploring the relationship between the United States and the M

Malaysia's Political Economy

Malaysia's Political Economy PDF

Author: Edmund Terence Gomez

Publisher: CUP Archive

Published: 1999-08-28

Total Pages: 252

ISBN-13: 9780521663687

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This book uses the concepts of rent and rent-seeking to study Malaysian political economy.

The United States and Malaysia

The United States and Malaysia PDF

Author: James W. Gould

Publisher: Harvard University Press

Published: 1969

Total Pages: 294

ISBN-13: 9780674926158

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This volume, a discerning examination of what might be termed Greater Malaysia, is the first comprehensive analysis of American-Malaysian relations and Malaysian foreign policy. A strategic geographic position and rich natural resources lend obvious importance to this region, which encompasses Malaysia, Singapore, and Brunei. But it is especially significant for its extraordinary political, cultural, and economic accomplishments. Achieving a peaceful transition from British colonies to independence, Malaysia and Singapore formed strong democratic governments and assumed an increasingly responsible role in the international community. The Malay, Chinese, and Indian residents of this area are a fine example of three communities of differing race, religion, and way of life existing together in harmony and cooperation. And the economic system, a successful combination of free enterprise and an extensive social welfare program, continues its stable development. Mr. Gould introduces his work with a geographic description of the lands, a lively ethnographic portrait of each of the three major racial communities, and a brief history of the numerous cultures that have had an impact on the Malaysian peoples. He then examines the governments of Malaysia, which have the problem of "creating a nation out of a multi-racial society in which communalism and local interests are far stronger than the sense of nationalism." Proceeding to the larger problem of establishing a Malaysian nation, he analyzes the forces promoting unity and disunity. Surveying Malaysia's economic progress, the author notes its dependence on the United States, the biggest buyer of Malaysia's rubber and tin, and he projects sustained economic growth. He then discusses Malaysia's regional and international relations, outlining those factors that influence its foreign policy. Concluding with a perceptive interpretation of the United States's connection to the area, he highlights the long history of friendship; the economic interdependence; the American commitment to help Malaysia maintain its political independence and further develop its viable economy; and recent aid and political relations.

Growth and Structural Change in the Malaysian Economy

Growth and Structural Change in the Malaysian Economy PDF

Author: Kwame Sundaram Jomo

Publisher: Springer

Published: 2016-07-27

Total Pages: 283

ISBN-13: 1349209023

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This book attempts to understand economic developments in Malaysia in the early and mid-Eighties, focusing on growth, balance of payments, fiscal and debt trends. They are all seen against global trends, earlier developments in the Malaysian economy and other changes in Malaysian society.

Charting the Economy

Charting the Economy PDF

Author: Sultan Nazrin Shah

Publisher: Oxford University Press, USA

Published: 2017

Total Pages: 234

ISBN-13: 9789834720148

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Charting the Economy assesses the course of Malayas commodity-dependent economy during the first 40 years of the 20th century under British colonial control, contrasting it with economic growth and development in contemporary Malaysia. Drawing on archival documents to derive estimates of Malayas GDP and analysing trends, it breaks new ground in understanding the dynamics of economic performance. In the first half of the 20th century, the Malay Peninsula, like much of Southeast Asia, was under colonial rule. Colonialism facilitated the control of lands, institutions and peoples, as well as the exploitation of natural resources. Malayas economy was largely agrarian, supported by two primary commodity pillarstin and rubberproduced to meet the needs of the industries and people in Europe and North America. Sultan Nazrin Shah eloquently articulates how the economy rode a commodity roller-coaster. Being small and open, it was exceedingly vulnerable to external cyclical shocksWorld War I (19141918), the Roaring Twenties (19201929), and the Great Depression (19291932)which were the main causes of economic booms and busts. This book makes a compelling case that the colonial laissez-faire economic system worked well for the agency houses that repatriated huge profits but paid small dividends to the masses. Development was highly uneven, with growth and prosperity concentrated in and benefiting the Peninsulas west coast states, where most of the tin mines and rubber plantations were located. After independence, national control over economic management was accompanied by a long-term vision for a socially just nation. Real GDP growth in post-independence Malaysia brought rapid advances in standards of living.

Law, Institutions and Malaysian Economic Development

Law, Institutions and Malaysian Economic Development PDF

Author: Jomo Kwame Sundaram

Publisher: NUS Press

Published: 2008

Total Pages: 304

ISBN-13: 9789971693909

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This pioneering volume develops an institutionalist analysis of Malaysias post-colonial economy by exploring the political economy of development and particularly the interface between economics and law. The various authors show that economic policy initiatives in Malaysia have often been accompanied by corresponding legislative and regulatory reforms intended to create an appropriate legal environment, and that economic problems or crises arising from earlier policies have led to major legislative innovations.

Malaysian Development

Malaysian Development PDF

Author: Martin Rudner

Publisher: McGill-Queen's Press - MQUP

Published: 1994

Total Pages: 440

ISBN-13: 9780886292201

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"Malaysia ranks among the most dynamic of the high-growth Southeast Asian economies, but the prospects for Malaysian success have not always seemed so positive. When Malaysia became independent in 1957, it was a poor and deeply troubled country. With weak political and economic structures, it faced the added threat of a Communist Insurgency. Though the decades since have not been kind to many developing countries, Malaysia has managed to avoid the pitfalls that beset others, and has initiated far-reaching policies designed to restructure its society, alleviate poverty, and promote economic growth. With stable government and a vigorous economy, Malaysia today is among the great success stories of East Asian development."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

Reflections on the Malaysian Economy Post-GE 14 : Issues and Challenges (UUM Press)

Reflections on the Malaysian Economy Post-GE 14 : Issues and Challenges (UUM Press) PDF

Author: Irwan Shah Zainal Abidin

Publisher: UUM Press

Published: 2021-10-03

Total Pages: 144

ISBN-13: 9672486588

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The victory of the Pakatan Harapan (PH), or the Alliance of Hope on May 9, 2018 in the Malaysian 14th General Election (GE14) was not just stunning, but historic. Moreover, the second comeback of Tun Dr. Mahathir Mohamad as the seventh Prime Minister of Malaysia was indeed impressive. The results of the GE14 were clearly against the tide as many political pundits and analysts had predicted a win for the Barisan Nasional (BN) coalition with differences only in matters of margins. Similar to Malaysia’s 13th General Election (GE13), which was held on May 5, 2013, the main issue in the GE14 was also about the economy. The rise in cost of living was perhaps the mother of all issues which caused the downfall of the BN government for the first time since independence. Other crucial economic issues centered on alleged corruption practices and manifested through the 1Malaysia Development Berhad (1MDB) saga. As a new federal power for 22 months, the PH government had a daunting task not just to address economic issues mentioned above, but also the other alleged economic problems which they had highlighted in their election manifesto. On top of that, the PH government had the responsibility to maintain, if not to improve further what the BN government had done to the Malaysian economy in the past, of which World Bank economists described as a success story, “a very strong economy” and “growing towards a high-income.” Post-GE14, what is the state of the Malaysian economy and its direction? What are lessons that can be learned from the PH economic management? And with the Perikatan Nasional (PN) government succeeding the federal power in March 2020 in the midst of the Covid-19 pandemic, what are the pressing issues and what needs to be done moving forward especially in the context of the economic challenges arising from the pandemic and post-Covid-19 era? These are some critical questions which this book is trying to address. The book essentially argues for the need to give greater focus to economic issues above anything else by envisioning a new national vision and engineering a new wave of economic structural reforms primarily based on insights from the vast Malaysian economic history lessons