Malaysias Development Challenges: Graduating from the Middle (Routledge Malaysian Studies Series)

ISBN 10: 0415614368 / ISBN 13: 9780415614368

Published by Routledge, 2011

About this Item

Dispatched, from the UK, within 48 hours of ordering. Though second-hand, the book is still in very good shape. Minimal signs of usage may include very minor creasing on the cover or on the spine.

Seller Inventory # CHL7491160

Bibliographic Details

• Title: Malaysias Development Challenges: Graduating from the Middle (Routledge Malaysian Studies Series)
• Publisher: Routledge
• Publication Date: 2011
• Language: English
• ISBN 10: 0415614368
• ISBN 13: 9780415614368
• Binding: Hardcover
• Condition: Used; Very Good

About this title

Synopsis

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.

About the Author

Hal Hill is the H.W. Arndt Professor of Southeast Asian Economies in the Department of Economics, Australian National University.

Tham Siew Yean is a Professor and Principal Fellow at the Institute of Malaysian and International Studies (IKMAS), National University of Malaysia.

Ragayah Haji Mat Zin is a Professor and Principal Fellow at the Institute of Malaysian and International Studies (IKMAS), National University of Malaysia.