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Bakri Musa makes a persuasive argument for Malaysia to embrace globalization with conviction. It is the ticket to her Vision 2020 aspirations. Malaysia was well on her way to join the global mainstream when the 1997 economic crisis interrupted that trajectory. It is now time, the writer passionately pleads, to return to that path. Yes there are sandbars and reefs, together with the inevitable storms and swells in the ocean of globalization. This calls for skillful navigators and sailors ready to trim the sails and batten the hatches. The alternative would be to remain in port, not an attractive option. The writer offers specific prescriptions on how best to meet those challenges, from enhanced health care to superior education system, and by exposing Malaysians to greater competition. As Islam is a pervasive influence in Malaysia, the writer calls for an enlightened interpretation of the faith, one more in tune with its ideals of tolerance for diversity, reverence for learning, and a passion for trade. The writer draws lessons from as far away as Argentina and as far back as the ancient Muslims, and from sociology to biology. The perspectives offered here are refreshing departures from the wisdom currently emanating from Kuala Lumpur.
"Malaysia has long had an ambivalent relationship to globalization. A shining example of export-led growth and the positive role for foreign investment, the country's political leadership has also expressed skepticism about the prevailing international political and economic order. In this compelling collection, Nelson, Meerman and Rahman Embong bring together a group of Malaysian and foreign scholars to dissect the effects of globalization on Malaysian development over the long-run. They consider the full spectrum of issues from economic and social policy to new challenges from transnational Islam, and are unafraid of voicing skepticism where the effects of globalization are overblown. Malaysia is surprisingly understudied in comparative context; this volume remedies that, and provides an overview of a country undergoing important political change." – Stephan Haggard, Krause Professor, Graduate School of International Relations and Pacific Studies, University of California, San Diego
The global financial and economic crisis that began in 2008 has blasted livelihoods, inspired protests, and toppled governments. It has also highlighted the profound moral concerns long surrounding globalization. Did materialist excess, doctrinaire embrace of free trade and capital flows, and indifference to economic injustice contribute to the disaster of the last decade? Was it ethical to bail out banks and governments while innocent people suffered? In this blend of economics, moral philosophy, history, and politics, Steven R. Weisman argues that the concepts of liberty, justice, virtue, and loyalty help to explain the passionate disagreements spawned by a globally integrated economy.
In the five essays that comprise this book, the Malaysian Prime Minister reflects on the successes and failures on government policy since independence, explianing why the country has achieved extraordinary racial harmony and economic growth.
In the wake of Malaysia’s 13th General Election some commentators speak of a sharpening of ethnic politics — with Prime Minister Najib blaming a “Chinese tsunami” for his government’s polling setbacks; others are optimistic about the arrival of a new “non-racialized form of politics” and the emergence of “transethnic solidarity”. This book, which engages with both the race paradigm and its opponents, warns that change is likely to come slowly — but is not impossible. Malaysia’s race paradigm is a man-made ideological construct — one that has been contested in the past, and could realistically be contested in the future. In confronting the continuing challenge of globalization, Malaysians should not neglect the history of ideas — and ideology — as they search for new options.
Energy Growth Nexus in an era of Globalization reviews current research and practical policy considerations reflective of the ongoing transformation, covering four broad globalization themes from existing research literature: energy consumption, renewable energy consumption, financial markets and energy markets. Within these themes, contributors evaluate transformations in the energy-growth association relating to economic slowdowns, trade patterns, impacts of globalization, cross-border technological spillovers, changes in the risk profile of the countries, advent of Sustainable Development Goals (SDGs), changes in the pattern of cross-border labor force migration, and rising environmental awareness, among many other considerations. Policymakers, energy economists, and energy researchers in a range of connected disciplines will find this to be a great resource on the energy growth sector. - Addresses globalization relating to energy consumption, environmental quality, econometrics and energy markets - Demonstrates how to design effective energy and environmental policies in a rapidly globalizing world within a Sustainable Development Goals (SDGs) framework - Reviews open research questions relevant to energy-growth nexus so policymakers can bring forth socioeconomic stability
During the past twenty years, the worldÕs most renowned critical theoristÑthe scholar who defined the field of postcolonial studiesÑhas experienced a radical reorientation in her thinking. Finding the neat polarities of tradition and modernity, colonial and postcolonial, no longer sufficient for interpreting the globalized present, she turns elsewhere to make her central argument: that aesthetic education is the last available instrument for implementing global justice and democracy. SpivakÕs unwillingness to sacrifice the ethical in the name of the aesthetic, or to sacrifice the aesthetic in grappling with the political, makes her task formidable. As she wrestles with these fraught relationships, she rewrites Friedrich SchillerÕs concept of play as double bind, reading Gregory Bateson with Gramsci as she negotiates Immanuel Kant, while in dialogue with her teacher Paul de Man. Among the concerns Spivak addresses is this: Are we ready to forfeit the wealth of the worldÕs languages in the name of global communication? ÒEven a good globalization (the failed dream of socialism) requires the uniformity which the diversity of mother-tongues must challenge,Ó Spivak writes. ÒThe tower of Babel is our refuge.Ó In essays on theory, translation, Marxism, gender, and world literature, and on writers such as Assia Djebar, J. M. Coetzee, and Rabindranath Tagore, Spivak argues for the social urgency of the humanities and renews the case for literary studies, imprisoned in the corporate university. ÒPerhaps,Ó she writes, Òthe literary can still do something.Ó
Summary: "Malaysia's former Prime Minister Mahathir Mohamad is often seen as the sole author of the country's foreign policy. Malaysian Foreign Policy in the Mahathir Era shows that while Mahathir's personality, leadership style, political ideology and brand of nationalism unquestionably had a deep impact, so too did domestic issues and external forces associated with globalization. The book examines seven major foreign policy initiatives of the Mahathir period: Buy British Last, Anti-Commonwealth, Look East, Third World Spokesmanship, Regional Engagement, Islamic Posturing and Commercial and Developmental Diplomacy. In discussing these topics, the author explains the significance for foreign policy of communal concerns, the regime's need to maintain its own authority in the face of political and social initiatives (some rooted in Islam), and its desire to achieve national development. He also discusses external pressures, including Japan's regional designs, Singapore's defense posture and the growing importance of China for the region. The approach breaks away from the elitist decision making styles and single factor models usually employed to explain the foreign policy of developing nations, and establishes a direct link between domestic politics and foreign policy during the period studied, suggesting that the latter was truly an extension of the former."--Publisher description.
Despite three decades of continuous globalization, transitional economies in many countries remain marginalized. In order to maximize the positive growth of employment creation opportunities in various sectors, including agriculture, existing patterns of long-run sustainable equilibrium relationships, technology transfers, and trade to promote export-led economic growth must be examined and identified. Regional Trade and Development Strategies in the Era of Globalization provides a comprehensive overview of globalization and regional initiative trends of trade and development through the examination of theoretical and practical experiences of their underpinning principles through approaches to overcome the obstacles of globalization and its positive and negative impacts on global trade and economic development. The content within this publication examines economic integration, foreign investment, and financial risk. It is designed for trade specialists, government officials, students, researchers, policymakers, business professionals, academicians, and economists.
This book captures Malaysia's foreign policy over the first fifty years and beyond since the date of the country's formal independence in 1957. The author provides "macro-historical" narratives of foreign policy practices and outcomes over distinct time periods under the tenures of the five prime ministers. One chapter delves into relations with immediate neighbouring states and another chapter analyses the political economy of foreign policy. A postscript deals with the transition of foreign policy beyond the fifth decade. The concluding chapter suggests that Malaysian middlepowermanship has been in the making in foreign policy practice being particularly evident since the Mahathir years. Employing a critical-constructivist approach throughout the study, the author posits that foreign policy should be appreciated as outcomes of socio-political-economic processes embedded within a Malaysian political culture. In terms of broad policy orientations, Malaysian foreign policy over five decades has navigated over the terrains of neutralism, regionalism, globalization and Islamism. However, the critical engagement of civil society in foreign policy construction remains a formidable challenge.