Malaysia's Socio-Economic Transformation: Ideas for the Next Decade

Malaysia's Socio-Economic Transformation

Ideas for the Next Decade

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Publisher:: ISEAS–Yusof Ishak Institute
Online publication date:: October 2015
Print publication year:: 2014
Online ISBN:: 9789814459686

Series:: Lectures, Workshops, and Proceedings of International Conferences
Subjects:: Political Economy, Politics and International Relations

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Since 1957, Malaysia's economic development has been an account of growth, transformation, and of structural change. More than 75 per cent of its gross domestic product (GDP) comes from the manufacturing and services sectors. However, Malaysia is stuck in a middle-income trap and is facing challenges on the economic and political front. In June 2010, Prime Minister Najib Razak unveiled the 10th Malaysian Plan (2011-15) to chart the development of Malaysia from a middle- to high-income nation. This publication represents a policy-oriented stocktake and evaluation by academics, policy-makers, and business people on Malaysia's achievements, present work-in-progress endeavours, and some of the future challenges facing the nation in its pursuit to achieve a developed high-income country status.

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Contents

Frontmatter
pp i-iv
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Contents
pp v-viii
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Foreword
pp ix-x
- By Tan Chin Tiong, Institute of Southeast Asian Studies, Singapore
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Preface
pp xi-xii
- By Sanchita Basu Das, Institute of Southeast Asian Studies (ISEAS), Singapore, Lee Poh Onn, Institute of Southeast Asian Studies, Singapore
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Acknowledgements
pp xiii-xiv
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The Contributors
pp xv-xviii
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1 - The Economy of Malaysia: Present, Problems, Prospects
pp 1-26
- By Sanchita Basu Das, Institute of Southeast Asian Studies (ISEAS), Singapore, Lee Poh Onn, Institute of Southeast Asian Studies (ISEAS), Singapore
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2 - Malaysia's Economic Development and Transformation: Looking Back, Looking Forward
pp 27-54
- By Jomo Kwame Sundaram, Food and Agriculture Organization
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I - Economic Issues
pp 55-56
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3 - Malaysia's Route to Middle Income Status
pp 57-92
- By Rajah Rasiah, University of Malaya
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4 - Harnessing Services for Development in Malaysia
pp 93-117
- By Tham Siew Yean, Institute of Southeast Asian Studies (ISEAS), Singapore, Loke Wai Heng, University of Nottingham, Ningbo China
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5 - Productivity Led Growth
pp 118-133
- By Cassey Lee, Institute of Southeast Asian Studies (ISEAS), Singapore
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6 - Malaysia's Investment Malaise: What Happened and Can It be Fixed?
pp 134-160
- By Jayant Menon, Asian Development Bank (ADB), Manila
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7 - Infrastructure in Malaysia: Investment, Growth and Policy Challenges
pp 161-191
- By G. Naidu, East Coast Economic Region Development Council (ECERDC)
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8 - Financial Reforms in Malaysia
pp 192-210
- By G. Sivalingam, Institute of Southeast Asian Studies (ISEAS), Singapore
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9 - ICT in Malaysia's Growth Agenda
pp 211-226
- By Sharbanom Abu Bakar, Government Programs in IBM Malaysia Sdn Bhd
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10 - Malaysia's Participation in the ASEAN Economic Community
pp 227-260
- By Rokiah Alavi, International Islamic University Malaysia
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II - Politics, Decentralization and Environment
pp 261-262
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11 - Prisons to Mind in Malaysia's Nation Building
pp 263-277
- By Ooi Kee Beng, Institute of Southeast Asian Studies, Singapore
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12 - Malaysia's Federal System: Stifling Local Initiative?
pp 278-312
- By Francis E. Hutchinson, Institute of Southeast Asian Studies (ISEAS), Singapore
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13 - The Environment
pp 313-334
- By Wee Chong Hui, Universiti Teknologi MARA, Sarawak, Malaysia
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III - Social Issues
pp 335-336
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14 - Malaysia's Education, Off Course: Heady Growth, Systemic Woes, Small Fixes
pp 337-353
- By Hwok-Aun Lee, University of Malaya, Malaysia
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15 - Growth and Change in Financing Malaysian Higher Education
pp 354-370
- By Lee Hock Guan, Institute of Southeast Asian Studies (ISEAS), Singapore
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16 - Income Inequality: A Drag on being a Developed Nation?
pp 371-395
- By Ragayah Haji Mat Zin, Institute of Southeast Asian Studies (ISEAS), Singapore
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17 - Migrant Workers in Malaysia: A Much Needed Labour Source
pp 396-417
- By Theresa W. Devasahayam, Institute of Southeast Asian Studies (ISEAS), Singapore
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18 - Growth and Liveability: The Case of Greater Kuala Lumpur, Malaysia
pp 418-436
- By Tan Teck Hong, University Business School, Malaysia, Phang Siew Nooi, University Research Advisor at Sunway University, Malaysia
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Index
pp 437-457
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Malaysia's Socio-Economic Transformation

Ideas for the Next Decade

Book description

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Contents

Frontmatter
pp i-iv

Contents
pp v-viii

Foreword
pp ix-x

Preface
pp xi-xii

Acknowledgements
pp xiii-xiv

The Contributors
pp xv-xviii

1 - The Economy of Malaysia: Present, Problems, Prospects
pp 1-26

2 - Malaysia's Economic Development and Transformation: Looking Back, Looking Forward
pp 27-54

I - Economic Issues
pp 55-56

3 - Malaysia's Route to Middle Income Status
pp 57-92

4 - Harnessing Services for Development in Malaysia
pp 93-117

5 - Productivity Led Growth
pp 118-133

6 - Malaysia's Investment Malaise: What Happened and Can It be Fixed?
pp 134-160

7 - Infrastructure in Malaysia: Investment, Growth and Policy Challenges
pp 161-191

8 - Financial Reforms in Malaysia
pp 192-210

9 - ICT in Malaysia's Growth Agenda
pp 211-226

10 - Malaysia's Participation in the ASEAN Economic Community
pp 227-260

II - Politics, Decentralization and Environment
pp 261-262

11 - Prisons to Mind in Malaysia's Nation Building
pp 263-277

12 - Malaysia's Federal System: Stifling Local Initiative?
pp 278-312

13 - The Environment
pp 313-334

III - Social Issues
pp 335-336

14 - Malaysia's Education, Off Course: Heady Growth, Systemic Woes, Small Fixes
pp 337-353

15 - Growth and Change in Financing Malaysian Higher Education
pp 354-370

16 - Income Inequality: A Drag on being a Developed Nation?
pp 371-395

17 - Migrant Workers in Malaysia: A Much Needed Labour Source
pp 396-417

18 - Growth and Liveability: The Case of Greater Kuala Lumpur, Malaysia
pp 418-436

Index
pp 437-457

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Malaysia's Socio-Economic Transformation

Ideas for the Next Decade

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