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Books > Social sciences > Sociology, social studies > Ethnic studies
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Malaysia's Development Challenges - Graduating from the Middle (Paperback)
Loot Price: R1,544
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Malaysia's Development Challenges - Graduating from the Middle (Paperback)
Series: Routledge Malaysian Studies Series
Expected to ship within 12 - 17 working days
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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.
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