[DOWNLOAD] "Malaysia's Development Challenges" by Hal Hill, Tham Siew Yean & Ragayah Haji Mat Zin # Book PDF Kindle ePub Free
eBook details
- Title: Malaysia's Development Challenges
- Author : Hal Hill, Tham Siew Yean & Ragayah Haji Mat Zin
- Release Date : January 03, 2013
- Genre: Social Science,Books,Nonfiction,
- Pages : * pages
- Size : 17698 KB
Description
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.