Malaysia's Political Economy: Politics, Patronage and Profits - Softcover

Gomez, Edmund Terence; Jomo, K. S.

Softcover

ISBN 10: 0521663687 ISBN 13: 9780521663687

Publisher: Cambridge University Press, 1999

Synopsis

This book is an insightful and accessible analysis of contemporary Malaysian business and politics. Using the concepts of rent and rent-seeking as tools to study the Malaysian political economy, the authors explore how political patronage influences the accumulation and concentration of wealth. The book considers the impact of party politics and economic development on the relationship between politics and business in Malaysia, and provides up-to-date discussions of government-led change in Malaysia's business community, including the emergence of a Malay business class. In this revised edition, the authors examine how the 1997 Asian currency, liquidity and financial crises have impacted on Malaysia's economy. Their discussion canvasses various economic policy responses, including capital control measures, as well the ensuing economic recession and political turmoil.

About this title

Book Description:

This book uses the concepts of rent and rent-seeking as tools to study the Malaysian political economy, exploring how political patronage influences the accumulation and concentration of wealth. This revised edition examines the impact of the 1997 Asian financial crises on Malaysia's economy.

Review:

'For those who have expertise or at least major interest in Malaysia, I should think this book would be an absolutely essential eddition to their bookshelves, one to which they would refer again and again for the specific details contained in it.' Journal of Asian Studies

About this edition

• Publisher: Cambridge University Press
• Publication date: 1999
• ISBN 10: 0521663687
• ISBN 13: 9780521663687
• Binding: Paperback
• Edition number: 2
• Number of pages: 272