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Political Economy of Malaysia's Industrial Policy - Institutional Capacity and the Automotive Industry (Paperback, 1st ed. 2021)
Loot Price: R2,675
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Political Economy of Malaysia's Industrial Policy - Institutional Capacity and the Automotive Industry (Paperback, 1st ed. 2021)
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This book examines the national automotive policy in Malaysia to
help readers gain an understanding of the country's industrial
policy-making processes. Addressing a gap in analysis of the
political economy of the national automotive policy, the research
presented combines the new institutional theory and the
developmental state approach to provide new insights into elite
policymakers' measures to shield domestic automotive enterprises
from pro-market reforms. The formation of the national car project
marks a turning point for Malaysia's industrial development as a
country, which it envisions will lead to it becoming a major player
in the global automotive market. However, the domestic
institutional factors embedded in ethno-economic interests and
patronage constrain national car-makers, limiting their potential
to grow, and instead causing a slowdown in the industry. Allowing
readers to understand the background to Malaysia's heavy
industrialisation programme and the birth of its national car
projects, this book critically discusses the significance of
institutional context in policy outcomes, and highlights how
institutions and policies have impact growth or decline. It is a
valuable resource relevant to analysts, researchers and students
who are interested in the political economy of the national
industrial policy and automotive industry in Malaysia and beyond.
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