Changing Dimensions of Malaysian Trade: Beyond Laissez Faire and Dirigiste Approaches
The debate on the role of trade in the process of industrial development in developing countries has a long history. For many years developing economies were faced with the grim prospect of facing continued economic stagnation as characterized by Africa and Latin America. It gave rise to a plethora...
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| Format: | Article |
| Language: | English |
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Universiti Malaysia Sarawak, (UNIMAS)
2000
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| Online Access: | http://ir.unimas.my/id/eprint/9229/ http://ir.unimas.my/id/eprint/9229/1/CHANGING%20DIMENSIONS%20OF%20MALAYSIAN%20TRADE%20BEYOND%20LAISSEZ%20FAIRE%20AND%20DIRIGISTE%20APPROACHES.pdf |
| _version_ | 1848836516373069824 |
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| author | Rajah, Rasiah H. Osman, Rani Rokiah, Alavi |
| author_facet | Rajah, Rasiah H. Osman, Rani Rokiah, Alavi |
| author_sort | Rajah, Rasiah |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| description | The debate on the role of trade in the process of industrial development in developing countries has a long history. For many years developing economies were faced with the grim prospect of facing continued economic stagnation as characterized by Africa and Latin America. It gave rise to a plethora of inward-oriented prescriptions from trade pessimists who have often argued that the capacity of developing economies to grow through export-orientation is limited because of the slow growth in world demand for their exports and the tendency of the terms of trade to disfavour them (Nurkse, 1959; Prebisch, 1959, 1983; Singer, 1950; Stewart, 1976; Lewis, 1980). Such a view was echoed by the Secretary General of the United Nations Committee for Trade and Development (UNCTAD) who maintained the developing countries did not share in three decades of post-war prosperity because of the “existence of basic weaknesses in the mechanisms that link the economies of the two groups of countries” (UNCTAD, 1977: 8-9) |
| first_indexed | 2025-11-15T06:25:00Z |
| format | Article |
| id | unimas-9229 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:25:00Z |
| publishDate | 2000 |
| publisher | Universiti Malaysia Sarawak, (UNIMAS) |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-92292015-10-27T06:13:06Z http://ir.unimas.my/id/eprint/9229/ Changing Dimensions of Malaysian Trade: Beyond Laissez Faire and Dirigiste Approaches Rajah, Rasiah H. Osman, Rani Rokiah, Alavi HB Economic Theory The debate on the role of trade in the process of industrial development in developing countries has a long history. For many years developing economies were faced with the grim prospect of facing continued economic stagnation as characterized by Africa and Latin America. It gave rise to a plethora of inward-oriented prescriptions from trade pessimists who have often argued that the capacity of developing economies to grow through export-orientation is limited because of the slow growth in world demand for their exports and the tendency of the terms of trade to disfavour them (Nurkse, 1959; Prebisch, 1959, 1983; Singer, 1950; Stewart, 1976; Lewis, 1980). Such a view was echoed by the Secretary General of the United Nations Committee for Trade and Development (UNCTAD) who maintained the developing countries did not share in three decades of post-war prosperity because of the “existence of basic weaknesses in the mechanisms that link the economies of the two groups of countries” (UNCTAD, 1977: 8-9) Universiti Malaysia Sarawak, (UNIMAS) 2000 Article NonPeerReviewed text en http://ir.unimas.my/id/eprint/9229/1/CHANGING%20DIMENSIONS%20OF%20MALAYSIAN%20TRADE%20BEYOND%20LAISSEZ%20FAIRE%20AND%20DIRIGISTE%20APPROACHES.pdf Rajah, Rasiah and H. Osman, Rani and Rokiah, Alavi (2000) Changing Dimensions of Malaysian Trade: Beyond Laissez Faire and Dirigiste Approaches. International Journal of Business and Society, 1 (1). pp. 37-68. ISSN 1511-6670 http://www.ijbs.unimas.my |
| spellingShingle | HB Economic Theory Rajah, Rasiah H. Osman, Rani Rokiah, Alavi Changing Dimensions of Malaysian Trade: Beyond Laissez Faire and Dirigiste Approaches |
| title | Changing Dimensions of Malaysian Trade: Beyond Laissez Faire and Dirigiste Approaches |
| title_full | Changing Dimensions of Malaysian Trade: Beyond Laissez Faire and Dirigiste Approaches |
| title_fullStr | Changing Dimensions of Malaysian Trade: Beyond Laissez Faire and Dirigiste Approaches |
| title_full_unstemmed | Changing Dimensions of Malaysian Trade: Beyond Laissez Faire and Dirigiste Approaches |
| title_short | Changing Dimensions of Malaysian Trade: Beyond Laissez Faire and Dirigiste Approaches |
| title_sort | changing dimensions of malaysian trade: beyond laissez faire and dirigiste approaches |
| topic | HB Economic Theory |
| url | http://ir.unimas.my/id/eprint/9229/ http://ir.unimas.my/id/eprint/9229/ http://ir.unimas.my/id/eprint/9229/1/CHANGING%20DIMENSIONS%20OF%20MALAYSIAN%20TRADE%20BEYOND%20LAISSEZ%20FAIRE%20AND%20DIRIGISTE%20APPROACHES.pdf |