An Economic History of Malaysia, c.1800-1990


Book Description

An Economic History of Malaysia, c.1800-1990 , provides the first general history of the Malaysian economy over the past two centuries, including a survey of the pre-colonial era. A unique feature is that it integrates the historical experiences of Peninsular Malaysia, Sabah and Sarawak as a case study in the onset of modern economic growth. Particular attention is paid to explaining Malaysia's signal success in achieving a relatively smooth shift away from the primary commodity export economy of the colonial period to near-NIC status by 1990.




Charting the Economy


Book Description

Charting the Economy assesses the course of Malayas commodity-dependent economy during the first 40 years of the 20th century under British colonial control, contrasting it with economic growth and development in contemporary Malaysia. Drawing on archival documents to derive estimates of Malayas GDP and analysing trends, it breaks new ground in understanding the dynamics of economic performance. In the first half of the 20th century, the Malay Peninsula, like much of Southeast Asia, was under colonial rule. Colonialism facilitated the control of lands, institutions and peoples, as well as the exploitation of natural resources. Malayas economy was largely agrarian, supported by two primary commodity pillarstin and rubberproduced to meet the needs of the industries and people in Europe and North America. Sultan Nazrin Shah eloquently articulates how the economy rode a commodity roller-coaster. Being small and open, it was exceedingly vulnerable to external cyclical shocksWorld War I (19141918), the Roaring Twenties (19201929), and the Great Depression (19291932)which were the main causes of economic booms and busts. This book makes a compelling case that the colonial laissez-faire economic system worked well for the agency houses that repatriated huge profits but paid small dividends to the masses. Development was highly uneven, with growth and prosperity concentrated in and benefiting the Peninsulas west coast states, where most of the tin mines and rubber plantations were located. After independence, national control over economic management was accompanied by a long-term vision for a socially just nation. Real GDP growth in post-independence Malaysia brought rapid advances in standards of living.




Striving for Inclusive Development


Book Description

By the author of the highly acclaimed Charting the Economy, this book is the most comprehensive study yet of Malaysia's impressive economic and social transformation over the past 150 years. Drawing on primary data sources, archival documents and cutting-edge national and international research, Sultan Nazrin Shah traces in detail Malaysia's fascinating journey, starting from the signing of the seminal Pangkor Treaty in 1874, through British occupation to the present. The author unearths the true roots of Malaysia's economic and social development-its people, their human capital and well-being, as well as economic structures-including how the British established institutions for the expansion of the lucrative tin and rubber trade, and how they encouraged labour immigration to support their economic ambitions. The outbreak of World War II and the Japanese occupation forced the British to rethink their strategy for Malaya, which experienced a sequence of turbulent events through to the formation of Malaysia in 1963. The 1960s saw solid economic growth, but it failed to benefit the bulk of the population, helping to trigger ethnic clashes. One response by the government was the start of redistributive policies and aggressive affirmative action, with the launch of the New Economic Policy in 1971. Almost 50 years later, sustained rapid economic growth and a modernizing economy have led to fast-rising incomes, the ending of extreme poverty and the emergence of a sizeable middle class, despite setbacks during financial and economic crises. Striving for Inclusive Development makes it clear that the country still faces huge and complex challenges. Building on its analysis of the past, this landmark book concludes with a forward-looking assessment of these challenges, and sets out Sultan Nazrin Shah's vision for an inclusive and sustainable future.




Malaysia's Political Economy


Book Description

This book uses the concepts of rent and rent-seeking to study Malaysian political economy.




The Japanese Occupation of Malaya


Book Description

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.




Care Relations in Southeast Asia


Book Description

Care Relations in Southeast Asia: The Family and Beyond, edited by Patcharawalai Wongboonsin and Jo-Pei Tan, examines the care relations and transactions within and beyond the family network across three middle-income Southeast Asian countries, namely the Federation of Malaysia, the Kingdom of Thailand and the Socialist Republic of Vietnam at the national and sub-national level. On the national level, changes and continuity in care relations along the changing demographic, socio-economic and political contexts of each country are addressed. On the sub-national level, the complex dimensions of care relations are analyzed by looking at the attitude towards and practice of elderly and child care within, between and beyond the family system. These regional analyses are based on merged data of three most recent family surveys in Kuala Lumpur, Bangkok Metropolis, and Hanoi. Alternative and innovative policy recommendations for current and future challenges are also offered. Contains contributions by: Asmidawati Ashari, Ki Soo Eun, Tengku Aizan Hamid, Rahimah Ibrahim, Thuttai Keeratipongpaiboon, Nguyen Huu Minh, Pataporn Sukontamarn, Jo-Pei Tan, Tran Thi Minh Thi, Kua Wongboonsin and Patcharawalai Wongboonsin




A History of Malaysia


Book Description

Malaysia's multicultural society supports one of the most dynamic economies in Asia. This completely revised new edition of the standard text, first published twenty years ago, traces the history of the country from early times to the present day. The authors give particular attention to the evolution of Malay polities and their close links with indigenous groups who lived on the oceans and in the deep jungles of the region, from Sumatra to Borneo. This provides the background to the establishment of the Malay port of Melaka, which was conquered by the Portuguese in 1511, foreshadowing the establishment of a British colonial regime in the late nineteenth century. Although the large numbers of Chinese and Indian migrants who arrived to work in the tin and rubber industries contributed to economic expansion, colonial policies did not encourage communal interaction. The authors trace the process by which post-independence leaders in Malaya attempted to counter the legacy of ethnic hostility while answering Malay demands for an affirmation of their rights and a stronger commitment to Islam. The incorporation of the Borneo states of Sarawak and Sabah into the Federation of Malaysia in 1963 rendered the goal of welding a nation from areas that were geographically separated and culturally disparate even more problematic. The intense emotions attached to issues of race were made tragically evident in the racial riots of May 1969, which this book sees as a watershed in modern Malaysian history. As Malaysia enters the twenty-first century, the government is determined to oversee the transition to an economy focused on manufacturing and advanced technology, and to eliminate poverty and the association between occupation and race. While several recent studies deal with the impact of colonial rule and Malaysia's spectacular economic transition, this book is unique because it tracks developments from early times and identifies continuities as well as change. Combining the authors' specialist knowledge of precolonial sources with the most recent contemporary research, this new edition reinforces the position of A History of Malaysia position as a standard reference for all those interested in the historical processes which led to the emergence of this culturally varied and economically energetic country.







An Economic History of Sweden


Book Description




Issues and Challenges in the Malaysian Economy


Book Description

Focusing on Malaysia's shifting economic profile and position, this book offers new insights and perspectives to scholars and researchers on a range of new developments impacting on growth, such as the effects of the digital economy on job creation and the threats of environmental degradation and trade protectionism.