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The Japanese presence in Southeast Asia is treated variously with either suspicion or encouragement. Japan and Malaysian Development critically assesses different dimensions of Japan-Malaysia economic relations. The work presents a balanced collection of essays examining Japanese involvement in Malaysia. The volume also discusses the impact and consequences of Malaysian Prime Minister Mahathir's 'Look East' policy, which advocated greater emphasis on trading relations with Japan.
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 pioneering volume develops an institutionalist analysis of Malaysias post-colonial economy by exploring the political economy of development and particularly the interface between economics and law. The various authors show that economic policy initiatives in Malaysia have often been accompanied by corresponding legislative and regulatory reforms intended to create an appropriate legal environment, and that economic problems or crises arising from earlier policies have led to major legislative innovations.
Japan's regional geoeconomic strategy -- Foreign economic policy, domestic institutions and regional governance -- Geoeconomics of the Asia-Pacific -- Transformation in the Japanese political economy -- Trade and investment : a gradual path -- Money and finance : an uneven path -- Development and foreign aid : a hybrid path.
Research Paper (postgraduate) from the year 2015 in the subject History - Asia, National University of Malaysia, course: History, language: English, abstract: The development of the Malaysian economy currently inherited from three previous levels, starting from the growth and rapid development level of natural resources industries from the mid 19th century until the year 1914, followed by a volatility or instability period of natural resources industries between the First and Second World War and last but not least the level of consolidation and rationalisation of natural resources industries together with a diversified economy after 1945. Although Malaysia is a former British colony, the importance of Japan’s economy has contributed to the change of the foreign policy from the Pro-West Policy during the colonial and post-colonial era to the Look-to-The-East Policy during the administration of Tun Dr. Mahathir Mohamad. Therefore the main issue of this study is to unravel the importance of Japanese economic in North Borneo and Sabah after the Second World War. In terms of the methodology used, this research entails identifying and collecting several primary and secondary sources from the library, the National Archives of Malaysia and National Library of Singapore.
This book explores the foundation and nature of the relationship between capitalist accumulation and the state in East Asia and Latin America that has profoundly influenced industrialization and macroeconomic performance. Scholars from both sides of the Pacific offer critical perspectives on the differing fates of the two regions, especially over t
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.
Since the early 1990s, Japan has played an increasingly important and influential role in Africa. A primary mechanism that has furthered its influence has been through its foreign aid policies. Japan’s primacy, however, has been challenged by changing global conditions related to aid to Africa, including the consolidation of the poverty reduction agenda and China’s growing presence in Africa. This book analyzes contemporary political and economic relations in foreign aid policy between Japan and Africa. Primary questions focus on Japan’s influence in the African continent, reasons for spending its limited resources to further African development, and the way Japan’s foreign aid is invested in Africa. The context of examining Japan’s foreign aid policies highlights the fluctuation between its commitments in contributing to international development and its more narrow-minded pursuit of its national interests. The contributors examine Japan’s foreign aid policy within the theme of a globalized economy in which Japan and Africa are inextricably connected. Japan and many African countries have come to realize that both sides can obtain benefits through closely coordinated aid policies. Moreover, Japan sees itself to represent a distinct voice in the international donor community while Africa needs foreign aid from all sources.
"Easily the most informed and comprehensive analysis to date on how and why East Asian countries have achieved sustained high economic growth rates, this book] substantially advances our understanding of the key interactions between the governors and governed in the development process. Students and practitioners alike will be referring to Campos and Root's series of excellent case studies for years to come." Richard L. Wilson, The Asia Foundation Eight countries in East Asia--Japan, South Korea, Taiwan, Hong Kong, Singapore, Thailand, Malaysia, and Indonesia--have become known as the "East Asian miracle" because of their economies' dramatic growth. In these eight countries real per capita GDP rose twice as fast as in any other regional grouping between 1965 and 1990. Even more impressive is their simultaneous significant reduction in poverty and income inequality. Their success is frequently attributed to economic policies, but the authors of this book argue that those economic policies would not have worked unless the leaders of the countries made them credible to their business communities and citizens. Jose Edgardo Campos and Hilton Root challenge the popular belief that East Asia's high performers grew rapidly because they were ruled by authoritarian leaders. They show that these leaders had to collaborate with various sectors of their population to create an environment that was conducive to sustained growth. This required them to persuade the business community that their investments would not be expropriated and to convince the broader population that their short-term sacrifices would be rewarded in the future. Many of the countries achieved business cooperation by creating consultative groups, which the authors call deliberation councils, to enhance accountability and stability. They also obtained popular support through a variety of wealth-sharing measures such as land reform, worker cooperatives, and wider access to education. Finally, to inhibit favoritism and corruption that would benefit narrow interest groups at the expense of broad-based development, these countries' leaders constructed a competent bureaucracy that balanced autonomy with accountability to serve all interests, including the poor. This important book provides useful lessons about how developing and newly industrialized countries can build institutions to implement growth-promoting policies.
Japan attacked British-ruled Malaya on 8 December 1941 as part of a wave of military actions that toppled the British, Dutch and American colonial regimes in Southeast Asia. Within seventy days, the conquest of Malaya was complete, and British forces in Singapore surrendered on 15 February 1942. The three and a half years of Japanese rule are generally considered to mark a profound transition in the history of the Malay peninsula, but little is known about this period. This book uses the limited administrative papers that survived in Malaya, oral sources, and accounts written by Japanese officers involved in the Malayan campaign to flesh out the story.