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Economic Situation In Malaya


Economic Situation In Malaya
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Reflections On The Malaysian Economy Post Ge 14 Issues And Challenges Uum Press


Reflections On The Malaysian Economy Post Ge 14 Issues And Challenges Uum Press
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Author : Irwan Shah Zainal Abidin
language : en
Publisher: UUM Press
Release Date : 2021-10-03

Reflections On The Malaysian Economy Post Ge 14 Issues And Challenges Uum Press written by Irwan Shah Zainal Abidin and has been published by UUM Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-03 with Business & Economics categories.


The victory of the Pakatan Harapan (PH), or the Alliance of Hope on May 9, 2018 in the Malaysian 14th General Election (GE14) was not just stunning, but historic. Moreover, the second comeback of Tun Dr. Mahathir Mohamad as the seventh Prime Minister of Malaysia was indeed impressive. The results of the GE14 were clearly against the tide as many political pundits and analysts had predicted a win for the Barisan Nasional (BN) coalition with differences only in matters of margins. Similar to Malaysia’s 13th General Election (GE13), which was held on May 5, 2013, the main issue in the GE14 was also about the economy. The rise in cost of living was perhaps the mother of all issues which caused the downfall of the BN government for the first time since independence. Other crucial economic issues centered on alleged corruption practices and manifested through the 1Malaysia Development Berhad (1MDB) saga. As a new federal power for 22 months, the PH government had a daunting task not just to address economic issues mentioned above, but also the other alleged economic problems which they had highlighted in their election manifesto. On top of that, the PH government had the responsibility to maintain, if not to improve further what the BN government had done to the Malaysian economy in the past, of which World Bank economists described as a success story, “a very strong economy” and “growing towards a high-income.” Post-GE14, what is the state of the Malaysian economy and its direction? What are lessons that can be learned from the PH economic management? And with the Perikatan Nasional (PN) government succeeding the federal power in March 2020 in the midst of the Covid-19 pandemic, what are the pressing issues and what needs to be done moving forward especially in the context of the economic challenges arising from the pandemic and post-Covid-19 era? These are some critical questions which this book is trying to address. The book essentially argues for the need to give greater focus to economic issues above anything else by envisioning a new national vision and engineering a new wave of economic structural reforms primarily based on insights from the vast Malaysian economic history lessons



Issues And Challenges In The Malaysian Economy


Issues And Challenges In The Malaysian Economy
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Author : Mohd Fahmee Ab Hamid
language : en
Publisher: Emerald Group Publishing
Release Date : 2019-11-06

Issues And Challenges In The Malaysian Economy written by Mohd Fahmee Ab Hamid and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-06 with Business & Economics categories.


Focusing on Malaysia's shifting economic profile and position, this book offers new insights and perspectives to scholars and researchers on a range of new developments impacting on growth, such as the effects of the digital economy on job creation and the threats of environmental degradation and trade protectionism.



Evaluating The Malaysian Economy 2009 2018 Growth Development And Policies Uum Press


Evaluating The Malaysian Economy 2009 2018 Growth Development And Policies Uum Press
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Author : Irwan Shah Zainal Abidin
language : en
Publisher: UUM Press
Release Date : 2020-03-01

Evaluating The Malaysian Economy 2009 2018 Growth Development And Policies Uum Press written by Irwan Shah Zainal Abidin and has been published by UUM Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-01 with Business & Economics categories.


Malaysia was once on the cusp of becoming one of the ‘Asian Tigers’ as a result of the impressively high growth rates recorded in the early 1990s. From 1990 until 1997, the growth rate was above 9 percent per annum on average. This performance came to an end when the economy was struck by the 1997/98 Asian Financial Crisis, the worst economic crisis Malaysia has ever experienced since independence. Things eventually worsened with the onslaught of the 2008/09 Global Financial Crisis, which dragged the Malaysian economy yet into another round of a recession with the growth rate contracting at 1.5 percent in 2009. On hindsight, these two events, which have had a substantial impact on the state of the Malaysian economy, pointed to several urgent calls for economic reforms, such as the need to address structural weaknesses of the economy and to have a growth target which is both sustainable as well as inclusive. When Datuk Seri Najib Razak became the sixth Prime Minister of Malaysia from April 2009 until May 2018, it was clear that a new approach to economic development for Malaysia had to be crafted. Towards this end, he introduced the National Transformation Policy (NTP), so that the economy can be transformed into one that is of high-income and developed status by the year 2020. He also set a new vision for Malaysia, also known as the 2050 National Transformation, or TN50, which is meant to chart a new course for Malaysia to move into the second half of the 21st century. How successful is this transformational agenda? What are the other issues and challenges which need to be addressed? What important lessons can we learn from this transformational journey? This book is an attempt to address these specific questions by assessing Najib’s economic plans, policies, programmes and vision which evolved during the nine years of his term as the sixth Prime Minister of Malaysia.



Malaysian Development


Malaysian Development
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Author : Martin Rudner
language : en
Publisher: McGill-Queen's Press - MQUP
Release Date : 1994

Malaysian Development written by Martin Rudner and has been published by McGill-Queen's Press - MQUP this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.


"Malaysia ranks among the most dynamic of the high-growth Southeast Asian economies, but the prospects for Malaysian success have not always seemed so positive. When Malaysia became independent in 1957, it was a poor and deeply troubled country. With weak political and economic structures, it faced the added threat of a Communist Insurgency. Though the decades since have not been kind to many developing countries, Malaysia has managed to avoid the pitfalls that beset others, and has initiated far-reaching policies designed to restructure its society, alleviate poverty, and promote economic growth. With stable government and a vigorous economy, Malaysia today is among the great success stories of East Asian development."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved



Law Institutions And Malaysian Economic Development


Law Institutions And Malaysian Economic Development
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Author : Jomo Kwame Sundaram
language : en
Publisher: NUS Press
Release Date : 2008

Law Institutions And Malaysian Economic Development written by Jomo Kwame Sundaram and has been published by NUS Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.


This pioneering volume develops an institutionalist analysis of Malaysias post-colonial economy by exploring the political economy of development and particularly the interface between economics and law. The various authors show that economic policy initiatives in Malaysia have often been accompanied by corresponding legislative and regulatory reforms intended to create an appropriate legal environment, and that economic problems or crises arising from earlier policies have led to major legislative innovations.



Charting The Economy


Charting The Economy
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Author : Sultan Nazrin Shah
language : en
Publisher: Oxford University Press, USA
Release Date : 2017

Charting The Economy written by Sultan Nazrin Shah and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Business & Economics categories.


Charting the Economy assesses the course of Malayas commodity-dependent economy during the first 40 years of the 20th century under British colonial control, contrasting it with economic growth and development in contemporary Malaysia. Drawing on archival documents to derive estimates of Malayas GDP and analysing trends, it breaks new ground in understanding the dynamics of economic performance. In the first half of the 20th century, the Malay Peninsula, like much of Southeast Asia, was under colonial rule. Colonialism facilitated the control of lands, institutions and peoples, as well as the exploitation of natural resources. Malayas economy was largely agrarian, supported by two primary commodity pillarstin and rubberproduced to meet the needs of the industries and people in Europe and North America. Sultan Nazrin Shah eloquently articulates how the economy rode a commodity roller-coaster. Being small and open, it was exceedingly vulnerable to external cyclical shocksWorld War I (19141918), the Roaring Twenties (19201929), and the Great Depression (19291932)which were the main causes of economic booms and busts. This book makes a compelling case that the colonial laissez-faire economic system worked well for the agency houses that repatriated huge profits but paid small dividends to the masses. Development was highly uneven, with growth and prosperity concentrated in and benefiting the Peninsulas west coast states, where most of the tin mines and rubber plantations were located. After independence, national control over economic management was accompanied by a long-term vision for a socially just nation. Real GDP growth in post-independence Malaysia brought rapid advances in standards of living.



Modern Malaysia In The Global Economy


Modern Malaysia In The Global Economy
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Author : Colin Barlow
language : en
Publisher: Edward Elgar Publishing
Release Date : 2001-01-01

Modern Malaysia In The Global Economy written by Colin Barlow and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-01-01 with Business & Economics categories.


The authors review the direction of politics after Prime Minister Mahathir, as well as exploring Malaysia's foreign, education, and labour policies. They canvass the idea of a "new Malay", better adapted to modern society, investigate the position of the Chinese, examine the struggle for women's rights within the religious framework of Islam, and discuss the contributions of Malaysian NGOs to ongoing changes. They finally draw together crucial issues facing Malaysia in the 21st century.



Malaysia S Development Challenges


Malaysia S Development Challenges
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Author : Hal Hill
language : en
Publisher: Routledge
Release Date : 2013-07-03

Malaysia S Development Challenges written by Hal Hill and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-03 with Social Science categories.


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.



Economic Crises In Malaysia


Economic Crises In Malaysia
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Author : Samuel Bassey Okposin
language : en
Publisher:
Release Date : 2000

Economic Crises In Malaysia written by Samuel Bassey Okposin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.


This study identifies the various economic crises that has plagued Malaysia since 1957. Besides examining theorectical debates and causes of each of these crises, it also discusses the economic impact of each of these crises in relation to the economy and looks at the policy measure adopted for each crisis.



An Economic History Of Malaysia C 1800 1990


An Economic History Of Malaysia C 1800 1990
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Author : John Drabble
language : en
Publisher: Springer
Release Date : 2000-05-15

An Economic History Of Malaysia C 1800 1990 written by John Drabble and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-05-15 with Business & Economics categories.


An Economic History of Malaysia, c.1800-1990 , provides the first general history of the Malaysian economy over the past two centuries, including a survey of the pre-colonial era. A unique feature is that it integrates the historical experiences of Peninsular Malaysia, Sabah and Sarawak as a case study in the onset of modern economic growth. Particular attention is paid to explaining Malaysia's signal success in achieving a relatively smooth shift away from the primary commodity export economy of the colonial period to near-NIC status by 1990.