Malaysian Industrial Policy » (New)

Malaysian Industrial Policy argues that selective government promotion efforts have been successful and crucial for Malaysia's industrialisation despite some disastrous consequences associated with the Mahathir government's heavy industrialisation programme. The authors present evidence to show that direct and indirect government interventions have induced and supported investments, acceleration the structural transformation of the Malaysian economy. The analysis indicates that investment incentives with conditions attached rather than trade or investment liberalization have been crucial to Malaysian manufacturing growth since independence. However, industrial development in Malaysia has been modest compared with that in Northeast Asia because of weaknesses in industrial policy and excessive reliance on foreign investments.

List of Tables viii

List of Figures x

List of Appendices xi

Contributors|xii

Preface|xiii

1 Industrialization and Industrial Policy in Malaysia Jomo K.S. 1

2 Malaysian Industrial Policy, 1986-2002 Fredrik Gustafsson 35

3 Investment Policy in Malaysia Greg Felker Jomo K.S. 56

4 Performance Requirements in Malaysia Lim Pao Li Anna Ong Cheng Imm 82

5 Technology Policy in Malaysia Greg Felker Jomo K.S. 128

6 Rent-Seeking and Industrial Policy in Malaysia Hasli Hasan Jomo K.S. 157

7 The Political Economy of Industrial Policy in Malaysia Michael T. Rock Meagan Sheridan 179

8 Industrial Policy and Inter-Ethnic Redistribution in Malaysia: Industrial Development and Equity Ownership, 1975-97 Lee Hwok-Aun 222

9 Cluster Dynamics in Malaysian Electronics Michael H. Best 249

Bibliography 277

Index 305