Foreign Capital and Industrialization in Malaysia
Description
This book examines foreign capital's role in stimulating industrialization. Using both conventional and unconventional approaches, the author finds foreign capital to have played a positive role in Malaysia's industrialization. The branch- and industry-level analyses show generally strong pecuniary effects by foreign capital. Local-dominated branches and industries, however, show strong linkages with the domestic economy. The firm-level analysis tends to reveal strong technological spillovers from foreign capital. The book closes with regulatory prescriptions to enhance positive spillovers.
Keywords
Business & EconomicsDevelopmentSocial ScienceDeveloping & Emerging CountriesEconomic DevelopmentEconomics
1995Book
Author(s)Rajah Rasiah
PublisherPalgrave Macmillan UK
ISBN9780333615058
LanguageEnglish
