Growth and Structural Change in the Malaysian Economy

by Kwame Sundaram Jomo

Overview

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.

Product Details

ISBN-13:	9780333496787
Publisher:	Palgrave Macmillan UK
Publication date:	08/03/1990
Series:	Studies in the Economies of East and South-East Asia
Edition description:	1990
Pages:	262
Product dimensions:	5.51(w) x 8.50(h) x (d)

Table of Contents

Part 1 Malaysia's economic heritage: colonial transformation; political background; post-colonial change. Part 2 The new world economy: the post-war world; international trade; Third World debt. Part 3 Growth and the open economy: growth; exports; balance of payments. Part 4 Employment and income distribution: employment; labour laws and policies; income distribution; wealth distribution. Part 5 Economic planning?: the colonial experience; the alliance phase; the NEP phase; the fifth Malaysia plan. Part 6 Industrialization: from ISI to EOI; employment and wages; heavy industrialization; the industrial master plan. Part 7 The new economic policy: poverty reduction; restructuring ownership. Part 8 Fiscal and debt problems: expenditure trends; revenue trends; budgetary deficits; the fiscal-debt nexus; public debt; debt servicing. Part 9 Mahathir's new policies: look East policy; 70 million population target; national agricultural policy; "Malaysia incorporated"; privatization; recent labour policies. Part 10 Predicaments and prospects: Malaysian experience; ethnic issues; political contradictions; prospects; transition?.