Evaluation of Malaysia’s food balance of trade plan : achievement rates.

Malaysia has always been a net food importer in the last four decades. In 2007, the deficit in the food trade stood at RM9.7 billion (or USD2.9 billion). In 2002, Malaysia implemented a policy towards achieving a surplus balance of trade in food of RM1.2 billion (or USD352 billion) by 2010. This pap...

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Main Authors: Mohamed Arshad, Fatimah, Mohd. Noh, Kusairi
Format: Article
Language:English
English
Published: World Business Institute 2010
Online Access:http://psasir.upm.edu.my/id/eprint/14604/
http://psasir.upm.edu.my/id/eprint/14604/1/Evaluation%20of%20Malaysia.pdf
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author Mohamed Arshad, Fatimah
Mohd. Noh, Kusairi
author_facet Mohamed Arshad, Fatimah
Mohd. Noh, Kusairi
author_sort Mohamed Arshad, Fatimah
building UPM Institutional Repository
collection Online Access
description Malaysia has always been a net food importer in the last four decades. In 2007, the deficit in the food trade stood at RM9.7 billion (or USD2.9 billion). In 2002, Malaysia implemented a policy towards achieving a surplus balance of trade in food of RM1.2 billion (or USD352 billion) by 2010. This paper evaluates the policy in terms of the achievement rates of the plan. The analysis suggests that the actual trade data shows the intended targets are likely not to be met; in fact the deficit is expected to grow bigger with time. While the objective was commendable, the targets, rationales and strategies for such a plan require a serious rethinking.
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spelling upm-146042015-10-21T02:46:36Z http://psasir.upm.edu.my/id/eprint/14604/ Evaluation of Malaysia’s food balance of trade plan : achievement rates. Mohamed Arshad, Fatimah Mohd. Noh, Kusairi Malaysia has always been a net food importer in the last four decades. In 2007, the deficit in the food trade stood at RM9.7 billion (or USD2.9 billion). In 2002, Malaysia implemented a policy towards achieving a surplus balance of trade in food of RM1.2 billion (or USD352 billion) by 2010. This paper evaluates the policy in terms of the achievement rates of the plan. The analysis suggests that the actual trade data shows the intended targets are likely not to be met; in fact the deficit is expected to grow bigger with time. While the objective was commendable, the targets, rationales and strategies for such a plan require a serious rethinking. World Business Institute 2010 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/14604/1/Evaluation%20of%20Malaysia.pdf Mohamed Arshad, Fatimah and Mohd. Noh, Kusairi (2010) Evaluation of Malaysia’s food balance of trade plan : achievement rates. Global Economy & Finance Journal, 3 (1). pp. 88-100. ISSN 1834-5883; ESSN: 1834-5891 http://wbiaus.org/gefjnew.html English
spellingShingle Mohamed Arshad, Fatimah
Mohd. Noh, Kusairi
Evaluation of Malaysia’s food balance of trade plan : achievement rates.
title Evaluation of Malaysia’s food balance of trade plan : achievement rates.
title_full Evaluation of Malaysia’s food balance of trade plan : achievement rates.
title_fullStr Evaluation of Malaysia’s food balance of trade plan : achievement rates.
title_full_unstemmed Evaluation of Malaysia’s food balance of trade plan : achievement rates.
title_short Evaluation of Malaysia’s food balance of trade plan : achievement rates.
title_sort evaluation of malaysia’s food balance of trade plan : achievement rates.
url http://psasir.upm.edu.my/id/eprint/14604/
http://psasir.upm.edu.my/id/eprint/14604/
http://psasir.upm.edu.my/id/eprint/14604/1/Evaluation%20of%20Malaysia.pdf