Record Details

Malaysia in Transition

Philippine Review of Economics

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Field Value
 
Title Malaysia in Transition
 
Creator Chowdhury, Anis
 
Subject —
 
Description The Malaysian economy has undergone rapid transformation within a short span of two decades and has a vision to become a fully developed economy by the year 2020. This paper provides a brief synopsis of this remarkable growth and structural change within Malaysia historical and political developments. It also highlights the problems associated with rapid transformation. The paper argues that the spectacular transformation of the economy cannot be explained by the conventional wisdom of either neo-classical variety of statist paradigms. The paper attributes much of Malaysia success to its racial compact at the time of independence and the subsequent pursuit of the New Economic Policy that aimed at racial and political harmony within the context of a growing economy. How successfully Malaysia can move toward an "innovation driven" society will depend very much on its success at political reforms toward a more open and plural system.
 
Publisher Philippine Review of Economics
 
Contributor —
 
Date 1996-06-22
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/105
 
Source Philippine Review of Economics; Vol 33, No 1 (1996)
1655-1516
 
Language eng
 
Relation http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/105/719
 
Rights Copyright (c) 2017 Philippine Review of Economics