Malaysia's past successes and uncertain future : graduating from middle or caught in the middle?
In the space of just over five decades, Malaysia has transformed from a largely agrarian economy to a manufacturing economy with a sustained high rate of economic growth. While Malaysia's achievement in terms of raising the per capita income of its citizens is pretty much universally acclaimed,...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Working Paper |
| Language: | English |
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2014
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| Online Access: | https://hdl.handle.net/10356/101944 http://hdl.handle.net/10220/19834 |
| _version_ | 1811697348108091392 |
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| author | Lean, Hooi Hooi Smyth, Russell |
| author2 | S. Rajaratnam School of International Studies |
| author_facet | S. Rajaratnam School of International Studies Lean, Hooi Hooi Smyth, Russell |
| author_sort | Lean, Hooi Hooi |
| collection | NTU |
| description | In the space of just over five decades, Malaysia has transformed from a largely agrarian economy to a manufacturing economy with a sustained high rate of economic growth. While Malaysia's achievement in terms of raising the per capita income of its citizens is pretty much universally acclaimed, recent concerns have been expressed that Malaysia is now in a middle-income trap. Moreover, there are a growing number of commentators who are arguing that Malaysia's New Economic Policy (NEP) needs an overhaul if Malaysia is to progress to become a high-income country. This paper provides an overview of the evolution of the Malaysian economy and critically evaluates recent strategic reform initiatives, encapsulated in the New Economic Model (NEM) and Economic Transformation Programme (ETP) that are designed to assist Malaysia in its aim to become an innovation-intensive, high-income country by 2020. |
| first_indexed | 2024-10-01T07:53:49Z |
| format | Working Paper |
| id | ntu-10356/101944 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T07:53:49Z |
| publishDate | 2014 |
| record_format | dspace |
| spelling | ntu-10356/1019442020-11-01T08:49:07Z Malaysia's past successes and uncertain future : graduating from middle or caught in the middle? Lean, Hooi Hooi Smyth, Russell S. Rajaratnam School of International Studies DRNTU::Humanities::History::Asia::Malaysia In the space of just over five decades, Malaysia has transformed from a largely agrarian economy to a manufacturing economy with a sustained high rate of economic growth. While Malaysia's achievement in terms of raising the per capita income of its citizens is pretty much universally acclaimed, recent concerns have been expressed that Malaysia is now in a middle-income trap. Moreover, there are a growing number of commentators who are arguing that Malaysia's New Economic Policy (NEP) needs an overhaul if Malaysia is to progress to become a high-income country. This paper provides an overview of the evolution of the Malaysian economy and critically evaluates recent strategic reform initiatives, encapsulated in the New Economic Model (NEM) and Economic Transformation Programme (ETP) that are designed to assist Malaysia in its aim to become an innovation-intensive, high-income country by 2020. 2014-06-19T06:38:23Z 2019-12-06T20:47:05Z 2014-06-19T06:38:23Z 2019-12-06T20:47:05Z 2014 2014 Working Paper Lean, H. H., & Smyth, R. (2014). Malaysia's past successes and uncertain future : graduating from middle or caught in the middle? (RSIS Working Paper, No. 266). Singapore: Nanyang Technological University. https://hdl.handle.net/10356/101944 http://hdl.handle.net/10220/19834 en RSIS Working paper, 266-14 NTU 40 p. application/pdf |
| spellingShingle | DRNTU::Humanities::History::Asia::Malaysia Lean, Hooi Hooi Smyth, Russell Malaysia's past successes and uncertain future : graduating from middle or caught in the middle? |
| title | Malaysia's past successes and uncertain future : graduating from middle or caught in the middle? |
| title_full | Malaysia's past successes and uncertain future : graduating from middle or caught in the middle? |
| title_fullStr | Malaysia's past successes and uncertain future : graduating from middle or caught in the middle? |
| title_full_unstemmed | Malaysia's past successes and uncertain future : graduating from middle or caught in the middle? |
| title_short | Malaysia's past successes and uncertain future : graduating from middle or caught in the middle? |
| title_sort | malaysia s past successes and uncertain future graduating from middle or caught in the middle |
| topic | DRNTU::Humanities::History::Asia::Malaysia |
| url | https://hdl.handle.net/10356/101944 http://hdl.handle.net/10220/19834 |
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