Challenges of Globalization for International Cooperation : The Case of Malaysia

Since Independence in 1957 Malaysia’s economic development strategy can be described as one that espouses integration with the world economy, given that trade has been an important component of its development process, while FDI too plays an important role. This strategy yielded impressive result...

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Bibliographic Details
Main Author: Anuwar Ali
Other Authors: Yoshitaro, Fuwa
Format: Book Section
Published: Foundation for Advanced Studies on International Development 2001
Subjects:
Online Access:https://library.oum.edu.my/repository/639/
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author Anuwar Ali,
author2 Yoshitaro, Fuwa
author_facet Yoshitaro, Fuwa
Anuwar Ali,
author_sort Anuwar Ali,
building OUM Institutional Repository
collection Online Access
description Since Independence in 1957 Malaysia’s economic development strategy can be described as one that espouses integration with the world economy, given that trade has been an important component of its development process, while FDI too plays an important role. This strategy yielded impressive results as the economy was transformed from an agriculture-based economy to one with a large industrial base. Malaysia, for example, grew at an average rate of 8.8% between 1990-1996. This was also accompanied by low inflation, declining inequality, significant reductions in the poverty level and a high savings rate. Malaysia therefore enjoyed relatively strong ‘fundamentals’ just before the 1997 crisis. (Author's abstract)
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institution Open University Malaysia
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spelling oai:eprints.oum.edu.my:6392013-05-08T08:40:38Z Challenges of Globalization for International Cooperation : The Case of Malaysia Anuwar Ali, HC Economic History and Conditions Since Independence in 1957 Malaysia’s economic development strategy can be described as one that espouses integration with the world economy, given that trade has been an important component of its development process, while FDI too plays an important role. This strategy yielded impressive results as the economy was transformed from an agriculture-based economy to one with a large industrial base. Malaysia, for example, grew at an average rate of 8.8% between 1990-1996. This was also accompanied by low inflation, declining inequality, significant reductions in the poverty level and a high savings rate. Malaysia therefore enjoyed relatively strong ‘fundamentals’ just before the 1997 crisis. (Author's abstract) Foundation for Advanced Studies on International Development Yoshitaro, Fuwa Hidemi, Yoshida 2001 Book Section PeerReviewed text https://library.oum.edu.my/repository/639/1/plugin-forum8english-1.pdf Anuwar Ali, (2001) Challenges of Globalization for International Cooperation : The Case of Malaysia. In: Challenges of Globalization for International Cooperation. Foundation for Advanced Studies on International Development, Tokyo, Japan. https://library.oum.edu.my/repository/639/
spellingShingle HC Economic History and Conditions
Anuwar Ali,
Challenges of Globalization for International Cooperation : The Case of Malaysia
title Challenges of Globalization for International Cooperation : The Case of Malaysia
title_full Challenges of Globalization for International Cooperation : The Case of Malaysia
title_fullStr Challenges of Globalization for International Cooperation : The Case of Malaysia
title_full_unstemmed Challenges of Globalization for International Cooperation : The Case of Malaysia
title_short Challenges of Globalization for International Cooperation : The Case of Malaysia
title_sort challenges of globalization for international cooperation : the case of malaysia
topic HC Economic History and Conditions
url https://library.oum.edu.my/repository/639/