This volume, now available in paperback, explores Malaysian business in the era that began with the Asian financial crisis of 1997-1999. The contributions, by a broad range of international experts, are informed by a wish to identify what Malaysia needs to do to sustain economic growth, remain internationally competitive and further social stability in the post-crisis period.
Malaysia’s unconventional response to the crisis suggests that its business community has developed a new level of confidence in its ability to adopt and sustain innovative policies even when these strategies challenge the international financial community. This response is perceived as evidence that Malaysian business has indeed entered a new era characterized by a high level of confidence in the nation’s capacity to weather the external periodic shocks that are a feature of the current wave of globalization. The book argues that there are grounds for optimism in this regard while recognizing that the true test will occur when Malaysia is compelled to confront a major decline in its international export markets brought on by a truly major crisis such as an OECD-wide recession.
Business scholars and professionals as well as readers interested in Asian business and economics will find this volume informative.
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Chris Nyland, Professor of International Business, Department of Management, Wendy Smith, Senior Lecturer in Management and Director, Centre for Malaysian Studies, Russell Smyth, Senior Lecturer, Department of Economics and Marika Vicziany, Professor of Economics and Director, Monash Asia Institute, Monash University, Australia
`. . . the book makes a significant contribution to research on Asian business. The chapters are deeply researched and will be of considerable value to scholars, government policymakers and practitioners.' -- Samir Ranjan Chatterjee, Asia Pacific Journal of Economics and Business
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