Growth and Structural Change in the Malaysian Economy

This book attempts to understand economic developments in Malaysia in the early and mid-1980s, focusing on growth, balance of payments, fiscal and debt trends. They are all seen against global trends, earlier developments in the Malaysian economy and other changes in Malaysian society. Different areas are examined, including employment and distributional trends, the planning experience, industrialization, the New Economic Policy, recent fiscal and debt problems, recent policy initiatives as well as the difficulties of initiating alternative development strategies.