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This book, and its companion, Technology, Competitiveness and the State, examine and evaluate Malaysian industrialization in terms of its experience of and prospects for industrial technology development. The focus is on the development of Malaysia's technological-industrial base from a sector and firm-specific perspective, including the role of foreign multinationals in this process. Industrial Technology Development in Malaysia, provides a valuable analysis of the technological development of a Newly Industrializing Country and reflects on whether existing development strategies can be maintained in the wake of the financial crises sweeping the East Asian economies.
Malaysian Industrial Policy argues that selective government promotion efforts have been successful and crucial for Malaysias industrialisation despite some disastrous consequences associated with the Mahathir governments heavy industrialisation programme. The authors present evidence to show that direct and indirect government interventions have induced and supported investments, accelerating the structural transformation of the Malaysian economy. However, industrial development in Malaysia has been modest compared with that in Northeast Asia because of weaknesses in industrial policy andexcessive reliance on foreign investments.
Despite growing concern over environmental issues and the sustainability of economic growth, industrialization is still generally associated with progress and development. This is particularly true of developing countries where industrialization is often the nation's top priority. Industrializing Malaysia presents a critical analysis of the experience of industrialization in Malaysia, examining the role, impact and efficacy of post-independence industrialization policies. The author refocuses attention on some major intended as well as unintended implications and consequences of policies and performance. A wide range of issues is covered: in addition to general historical commentaries and sectoral studies, there are analyses of direct foreign investment, technology, linkages, free trade zones, industrial estates, and rural development.
This book mainly addresses China's Belt and Road Initiative in terms of the connectivity industrial and spatial development, as well as current world's economic and trade pattern under such synergy development, and focuses on the function and mechanism of industry and geography coordination. Although current research on the value circulation between China and developed economies is relatively adequate, the book focuses on the value circulation between the countries and regions, especially the developing economies. China and other developing countries tie strongly with the production value circulation. The coordination industrial and spatial development in the global value cycle is also the cornerstone of long-term stabilization and sustainable development in China. Therefore, this book provides the theoretical and empirical research on Belt and Road from the perspectives on industrial and spatial synergy. This book proposes several questions: Any inherent inlay between industrial and geographic allocation, i.e., is there any possibility for close integration? This book analyzes the necessity of coordinated development of industry and space perspective of production division. Secondly, from the perspective of historical evolution and current situation, it analyzes the relationship among industry, economic growth and fluctuation and compares realizing paths of synergy of industrial and spatial development. It contains the industry and spatial diffusion mechanism and the effect of synergy development. Moreover, the corresponding policy implication is provided for sustainable development through the Belt and Road Initiative.
This book, and its companion, Technology, Competitiveness and the State, examine and evaluate Malaysian industrialization in terms of its experience of and prospects for industrial technology development. The focus is on the development of Malaysia's technological-industrial base from a sector and firm-specific perspective, including the role of foreign multinationals in this process. Industrial Technology Development in Malaysia, provides a valuable analysis of the technological development of a Newly Industrializing Country and reflects on whether existing development strategies can be maintained in the wake of the financial crises sweeping the East Asian economies.
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.
This volume, and its companion, Industrial Technology Development in Malaysia, examine and evaluate Malaysian industrialization in terms of its experience of and prospects for industrial technology development. The focus is on role played by state-sponsored innovation in the process economic development and in the context of national development st