Industrializing Malaysia: Policy, Performance, Prospects

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Author: Kwame Sundaram Jomo

ISBN-10: 0415096472

ISBN-13: 9780415096478

Category: Macroeconomics

Despite growing concern over environmental issues and the sustainability of economic growth, industrialization is still generally associated with progress and development. This is particularly true of developing countries where industrialization is often the nation's top priority.\ Industrializing Malaysia presents a critical analysis of the experience of industrialization in Malaysia, examining the role, impact and efficacy of post-independence industrialization policies. The author...

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This timely volume presents a critical analysis of the industrialization process in Malaysia, which has one of the fastest growing economies in Asia. Since 1987, Malaysia has experienced a sustained economic boom based on export-oriented manufacturing. The essays in Industrializing Malaysia consider Malaysia's experiences with foreign investment, technology transfers, free trade zones, industrial linkages, and labor flexibility in the manufacturing sector. The volume includes case studies of the Malaysian automobile, electronics, and textile industries.Despite growing concerns over environmental damage and the sustainability of economic growth, many developing countries continue to associate industrialization with progress. By focusing on Malaysian industrialization, the essays in this volume assess the strengths and weaknesses of such an approach. The contributors, most of whom have served as consultants to the Malaysian government, suggest policy changes that would ensure more balanced, coherent, equitable, and sustainable industrialization under national auspices.Contributors: Jomo K. S., Chris Edwards, Guy Standing, Anuwar Ali, Wong Poh Kam, Rajah Rasiah, Leslie O'Brien, Ashwani Saith, Anuwar Ali, David C. O'Connor, and S. Jayasankaran.

List of FiguresList of TablesNotes on ContributorsAcknowledgementsList of AbbreviationsIntroduction11Malaysian Industrialisation in Historical Perspective142Labour Flexibility in the Malaysian Manufacturing Sector403Direct Foreign Investment in the Malaysian Industrial Sector774Free Trade Zones and Industrial Development in Malaysia1185Malaysian Manufacturing Sector Linkages1476Malaysian Rural Industrialisation Strategies in National Perspective1637Technology Transfer in the Malaysian Manufacturing Sector: Basic Issues and Future Directions1908Electronics and Industrialisation: Approaching the 21st Century2109Textiles and Clothing: Sunrise or Sunset Industry?23410Made-In-Malaysia: The Proton Project27211Prospects for Malaysian Industrialisation in Light of East Asian Nic Experiences28612State Intervention and Industrialisation in South Korea: Lessons for Malaysia30213Policy Options for Malaysian Industrialisation316Statistical Appendix335Bibliography of unpublished official sources341Index343