This book provides an insight into some of the efforts and actions
taken by the rapidly developing economy of Malaysia towards its
'Vision 2020' of becoming a developed country. Renuka Mahadevan
explores whether the vision can become reality and not just remain
a dream. The purpose of this book is thus to study selected key
areas such as structural transformation, total factor productivity
growth, human capital and technology development policies as well
as poverty and income equality. In addition, the various challenges
that Malaysia faces in an increasingly global environment, and its
move to a knowledge economy are examined. Based on empirical
investigation covering a wide number of topics, policy is
critically reviewed and suggestions are made for sustainable growth
and development. With a focus on policy in a range of macroeconomic
topics, Sustainable Growth and Economic Development will be of
interest to policy analysts and researchers in development
economics.
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