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The Riddle Of Malaysian Capitalism
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Book Synopsis The Riddle of Malaysian Capitalism by : Peter Searle
Download or read book The Riddle of Malaysian Capitalism written by Peter Searle and published by University of Hawaii Press. This book was released on 1998-11-01 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is capitalism in Southeast Asia 'real' or a 'chimera', that is, some Southeast Asian derivative of capitalism that ultimately will not be sustainable? Malaysia, where an intimate relationship has been forged between the state and business in an effort to create Malay capitalists, presents an interesting and illuminating case in the debate. In this work Peter Searle identifies the complex interaction between the state, the dominant political party (UMNO) and business as the source of dynamism or defeat in the development of Malay capitalists. He also challenges a common view that Chinese business groups are completely different from Malay business groups. Overall this study argues against drawing sharp contrasts between dependency and self-reliance, between state and capital, and between rent-seekers and true 'productive' capitalists. For it is from that amalgam of categories and groups the study concludes that a form of capitalism is emerging in Malaysia which is nonetheless remarkably dynamic and resilient, despite its unorthodox origins.
Book Synopsis The Development of Malaysian Capitalism by : Elsa Lafaye de Micheaux
Download or read book The Development of Malaysian Capitalism written by Elsa Lafaye de Micheaux and published by . This book was released on 2017 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Malaysian Maverick written by B. Wain and published by Springer. This book was released on 2009-11-30 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mahathir Mohamad turned Malaysia into one of the developing world's most successful economies. He adopted pragmatic economic policies alongside repressive political measures and showed that Islam was compatible with representative government and modernization. He emerged as a Third World champion and Islamic spokesman by standing up to the West.
Book Synopsis Varieties of Capitalism in Southeast Asia by : Joel David Moore
Download or read book Varieties of Capitalism in Southeast Asia written by Joel David Moore and published by Springer. This book was released on 2017-08-11 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the political origins and evolution of capitalist institutions in developing countries by looking at distinct patterns in the electronics industry in three Southeast Asian countries: Thailand, Malaysia, and Singapore. An analysis of the political determinants of these patterns has a number of theoretical and practical implications. It includes a new explanation for family business behavior, a unified framework for explaining capitalist varieties, a guide for institutional reform, and a comparative examination of three dynamic Asian economies that provides important insights to students, scholars, and people in business.
Book Synopsis Ersatz Capitalism and Industrial Policy in Southeast Asia by : Fabian Bocek
Download or read book Ersatz Capitalism and Industrial Policy in Southeast Asia written by Fabian Bocek and published by Routledge. This book was released on 2022-05-18 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book applies and develops the concept of “ersatz capitalism” in the analysis of industrial policy blockades to economic development in Malaysia and Indonesia. Drawing on insights from international political economy, development studies, industrial and innovation policy, and new institutionalism to refer to a specific type of capitalism, the book analyzes different paths and institutions of economic development within the entire East Asian region. Comprehensive theoretical insights are complemented by empirical case studies that relate to country and sectoral studies – the automotive and ICT industries – in Malaysia and Indonesia. Applying contemporary research on international political economy to refer to a specific type of capitalism, the author examines how conflicts of interest between factions of state apparatus, associations, and companies contribute to the failure of developmental policies. The unique combination of theory formation and empirical analysis provides a novel approach to international comparative research on capitalism. The book will be of interest to researchers in the fields of international political economy, development studies, new institutionalism, East Asian and Southeast Asian studies, and industrial and innovation policy.
Book Synopsis East Asian Capitalism by : Luigi Tomba
Download or read book East Asian Capitalism written by Luigi Tomba and published by Feltrinelli Editore. This book was released on 2002 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Political Economy of Financial Development in Malaysia by : Lena Rethel
Download or read book The Political Economy of Financial Development in Malaysia written by Lena Rethel and published by Routledge. This book was released on 2020-12-20 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current inquiries into the political economy of financial policymaking in Malaysia tend to focus on the high-level drama of crisis politics or simply point to the limited impact of post-crisis financial reforms, given that politico-business relations have remained close. In so doing, pundits ignore a number of intriguing questions: what is the relationship between financial development and financialisation and how has it played out in the Malaysian context? And more generally: how can a country like Malaysia become significantly more financially developed, yet fail to emancipate the financial system from political control; a core element of the financial development discourse? To unravel the complexities of this puzzle, this book subjects the history and contemporary practices of financial policymaking in Malaysia to scrutiny. It argues that to understand financial development in Malaysia, its progress and reversals, it is important to conceptualise it as a political, rather than a merely technical process. In so doing, the book echoes a more profound concern in the political economy literature, namely the evolving relationship between states and markets, and the supposed retreat or reassertion of the state at a time of increasing (financial) globalisation. The book can generate further insights into the evolving role of the state with regard to broader processes of development and marketisation, as they relate specifically to finance.
Book Synopsis Routledge Handbook of Contemporary Malaysia by : Meredith L. Weiss
Download or read book Routledge Handbook of Contemporary Malaysia written by Meredith L. Weiss and published by Routledge. This book was released on 2014-10-17 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge Handbook of Contemporary Malaysia offers a broad, analytical survey of Malaysia. It provides a comprehensive survey of significant topics in Malaysian politics, economy, and society today, focussing on issues, institutions, and trends. It is divided into four thematic sections, which are all introduced by the editor: • Domestic politics • Economics • Social policy and social development • International relations and security. The volume brings together an international team of experts: an interdisciplinary mix of forty contributors from Malaysia and elsewhere, including many of the leading specialists on Malaysian affairs. The chapters included in the volume form an accessible and fascinating window onto contemporary Malaysia. They each introduce a different aspect of the Malaysian polity, economy, or society, offering both historical perspective and a current assessment or investigation. Designed for general readers and specialists alike, chapters may be read individually -- each stands on its own -- or conjointly. Up-to-date, interdisciplinary, and academically rigorous, the Handbook will be of interest to students, academics, policymakers, and others in search of reliable information on Malaysian politics, economics, and society.
Book Synopsis Development Models in Muslim Contexts by : Robert Springborg
Download or read book Development Models in Muslim Contexts written by Robert Springborg and published by Edinburgh University Press. This book was released on 2009-09-30 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent discussions of the 'Chinese economic development model', the emergence of an alternative 'Muslim model' over the past quarter century and the faltering globalisation of the 'Washington Consensus' all point to the need to investigate more systematically the nature of these models and their competitive attractions. This is especially the case in the Muslim world which both spans different economic and geographic categories and is itself the progenitor of a development model. The 'Chinese model' has attracted the greatest attention in step with that country's phenomenal growth and therefore provides the primary focus for this book. This volume examines the characteristics of this model and its reception in two major regions of the world - Africa and Latin America. It also investigates the current competition over development models across Muslim contexts. The question of which model or models, if any, will guide development in Muslim majority countries is vital not only for them, but for the world as a whole. This is the first political economy study to address this vital question as well as the closely related issue of the centrality of governance to development.
Book Synopsis A History of Malaysia by : Barbara Watson Andaya
Download or read book A History of Malaysia written by Barbara Watson Andaya and published by Bloomsbury Publishing. This book was released on 2017-09-16 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1982, this text is widely regarded as a leading general history of the country. This new and revised edition brings the story of this fascinating country up to date, incorporating the latest scholarship on every period of Malaysian history, including recent research into pre-modern times. This text thus provides a historical framework that helps explain the roots of the issues dominating Malaysian life today, and the difficulties of creating a multicultural state where resources are equitably shared and the rights of all citizens are acknowledged. This book is a key text for courses on Southeast Asian history and politics. Covering a range of disciplinary subjects in the humanities and social sciences, it is also useful for anyone interested in the assessment of young, modernizing nations. New to this Edition: - A new chapter provides insights into Malaysian history of the last 15 years, including the growing influence of the internet and social media in the political sphere - Greater attention is paid to the strengthening of civil society movements that have arisen in light of perceived government failures - Fresh analysis of Islam's historical role in the Malay world and how it links with the growing Islamization of Malaysia today
Book Synopsis Policy Regimes and the Political Economy of Poverty Reduction in Malaysia by : B. Khoo
Download or read book Policy Regimes and the Political Economy of Poverty Reduction in Malaysia written by B. Khoo and published by Springer. This book was released on 2012-10-24 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Malaysia's 40-year strategy of 'poverty eradication' has met with a great deal of success, yet has caused controversy for its links to ethnically-oriented social restructuring. This book is a critical evaluation of changing policy regimes affecting Malaysia's development, record of industrialization, and efficacy in adapting social policies.
Book Synopsis Malaysia's Development Challenges by : Hal Hill
Download or read book Malaysia's Development Challenges written by Hal Hill and published by Routledge. This book was released on 2013-07-03 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Patrimonial Capitalism and Empire by : Mounira Maya Charrad
Download or read book Patrimonial Capitalism and Empire written by Mounira Maya Charrad and published by Emerald Group Publishing. This book was released on 2015-04-01 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume focuses on the interconnected formations of patrimonialism, colonialism/empire and capitalism. The articles show that patrimonial practices, which often form the backbone of empire, are present throughout history, including in global capitalist modernity.
Book Synopsis Crisis and Recovery in Malaysia by : Prema-chandra Athukoralge
Download or read book Crisis and Recovery in Malaysia written by Prema-chandra Athukoralge and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Professor Athukorala tells a fascinating story of one of the most successful economies in the world economy in the last decades, from the inception of its liberalisation policy to its radical decision to pursue an independent recovery path after the 1997 Asian financial crisis. This is case-study economics at its best. The book is superbly organised, meticulously researched and clearly written; a treat for professional economists and policymakers alike.' - Tony Thirlwall, University of Kent, UK 'Malaysia is one of the great success stories of the last quarter of the twentieth century. From 1988 it had one of the highest growth rates in the world, and it managed to maintain ethnic peace in an undoubtedly difficult environment. Recently it has provided a major laboratory experiment of the use of capital controls at a time of crisis when a country is highly integrated in the world capital market. This excellent book presents the first careful analysis of the nature and effects of these controls, as well as providing a thorough background of how the Asian crisis played out in Malaysia.' - W.Max Corden, The Johns Hopkins University, US In the light of the Malaysian experience during the Asian financial crisis, this book examines the role of international capital mobility in making countries susceptible to financial crises and the use of capital controls as a crisis management tool. Malaysia provides an interesting case study of this subject given its significant capital market liberalisation prior to the onset of the crisis, and its fundamental shift in crisis management policy in September 1998. The prime focus of the book is on Malaysia's radical policy decision to pursue an independent recovery path, cut off from world markets by a system of capital control, as a viable alternative to the conventional market centred approach. The analysis suggests that, against the initial dire predictions of many economists, the capital controls have actually played a crucial supportive role in crisis management. Whether the controls have played a special role in delivering a superior recovery outcome in Malaysia compared to IMF-program countries remains a point of contention. However, there is strong evidence to suggest that this pragmatic policy choice was instrumental in achieving recovery, while minimising potential economic disruption and related social costs.
Book Synopsis Political Economy of Malaysia’s Industrial Policy by : Firdausi Suffian
Download or read book Political Economy of Malaysia’s Industrial Policy written by Firdausi Suffian and published by Springer Nature. This book was released on 2021-02-22 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the national automotive policy in Malaysia to help readers gain an understanding of the country’s industrial policy-making processes. Addressing a gap in analysis of the political economy of the national automotive policy, the research presented combines the new institutional theory and the developmental state approach to provide new insights into elite policymakers’ measures to shield domestic automotive enterprises from pro-market reforms. The formation of the national car project marks a turning point for Malaysia's industrial development as a country, which it envisions will lead to it becoming a major player in the global automotive market. However, the domestic institutional factors embedded in ethno-economic interests and patronage constrain national car-makers, limiting their potential to grow, and instead causing a slowdown in the industry. Allowing readers to understand the background to Malaysia’s heavy industrialisation programme and the birth of its national car projects, this book critically discusses the significance of institutional context in policy outcomes, and highlights how institutions and policies have impact growth or decline. It is a valuable resource relevant to analysts, researchers and students who are interested in the political economy of the national industrial policy and automotive industry in Malaysia and beyond.
Book Synopsis State of Malaysia by : Edmund Terence Gomez
Download or read book State of Malaysia written by Edmund Terence Gomez and published by Routledge. This book was released on 2004-04-01 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an overview of the current state of Malaysia, looking at political and economic developments and at governance, and discussing the impact of ethnicity, patronage and the reform movement. Apart from discussing issues such as Islamisation and identity transformations within Malaysian society, it reviews policies like privatisation and provides an examination of business enterprise, exploring how control of 'corporate Malaysia' is interlinked with political developments. This study's primary focus is an analysis of why the reform movement failed to secure substantial support in the late 1990s even though many Malaysians then appeared ready to hold the government accountable for its poor record of a democratic and transparent form of governance. This volume also assesses the likelihood of change as a result of the retirement of Prime Minister Mahathir Mohamad
Book Synopsis An Economic History of Malaysia, c.1800-1990 by : John Drabble
Download or read book An Economic History of Malaysia, c.1800-1990 written by John Drabble and published by Springer. This book was released on 2000-05-15 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: An Economic History of Malaysia, c.1800-1990 , provides the first general history of the Malaysian economy over the past two centuries, including a survey of the pre-colonial era. A unique feature is that it integrates the historical experiences of Peninsular Malaysia, Sabah and Sarawak as a case study in the onset of modern economic growth. Particular attention is paid to explaining Malaysia's signal success in achieving a relatively smooth shift away from the primary commodity export economy of the colonial period to near-NIC status by 1990.
