Malaysia's Economic Challenges: A Critical Analysis of the Malaysian Economy, Governance and Society
Malaysia's economic development process and experience is unique. This book explores the country's economic policies: their implementation, impact and effectiveness, and provides the sorely needed economic literature on the Malaysian experience. By highlighting institutional weakness, the author recommends overdue reforms in the economic and banking sectors and in Malaysian public administration. By seeking to fathom the depths of the Asian financial crisis of 1997, he draws lessons from it and looks at ways to reshape the Malaysian economy in the tide of globalization, besides urging reforms and suggesting how both the Malaysian government and private sector can benefit from the challenges ahead. By combining an analytical approach with plain, communicative language, the author offers a cogent assessment of what Malaysia needs to do today to build a better tomorrow.
What people are saying - Write a review
We haven't found any reviews in the usual places.
3 A Budget for the Future 24 4 Curbing Rising
Economic Vigilance 42 8 Competitive Public and Private
Promoting ProductivityDriven Growth 59 12
15 other sections not shown
Other editions - View all
able achieve AFTA allocations Anwar Ibrahim APEC Asean Asia Asian balance of payments Bank Negara Bank Negara Malaysia Barisan Nasional benefit better billion Budget Bumiputera businessmen capital cause challenges civil servants civil service companies competition confidence continue corporate corruption crisis currency debt deficit developing countries Dr Mahathir Mohamad economic growth economic recovery efficiency encourage ensure equity especially exports foreign investment global globalisation government's greater hedge funds higher implementation improve income increase Indonesia industrial countries inflation interest rates investors issues labour laysia leaders liberalisation major Malay Malaysia Malaysian economy Malaysian Indian ment monetary national unity NEAC NERP nomic non-Bumiputeras oligarchists Plan policies political poor Prime Minister priority private sector privatisation problems productivity professional protect Rafidah Aziz raise recession reduce reforms restructuring rich ringgit Singapore SMIs social socioeconomic strengthen sustain tion trade U.S. dollar weak workers World Bank