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A survey of the main influences on the development of modern development economics.
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This book uses the concepts of rent and rent-seeking to study Malaysian political economy.
This text examines the Malaysian economic crisis of 1997-98. It deals with both the roots of the crisis and the recovery process and also gives an account of what went wrong with one of Asia's most dynamic economies.
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.
In this first critical, multidisciplinary assessment of recent privatization in a developing country, the contributors offer valuable lessons for the comparative study of denationalization and related public policy options. After an introductory survey, the volume presents broad perspectives on the context, formulation, and adjustment of privatization policy in Malaysia. The contributors review the distributional implications of specific privatizations for the public interest as well as for consumer and employee welfare. The book concludes with an examination of the economic, political, and cultural impacts of the privatization of physical infrastructure, telecommunications, and television programming.
This book, co-published with the UN's Dept of Economic and Social Affairs, offers a critical appraisal of the conventional measures and analysis of poverty as well as of poverty reduction policies. It is available as open access through the Bloomsbury Open Access programme and is available on bloomsburycollections.com. Despite greater efforts in reducing poverty since the early 1980s, poverty remains stubbornly high in many parts of the world. This collection argues that the mainstream perspectives on poverty and deprivation have contributed to considerable distortion and misunderstanding and that is not unrelated to ineffectual policy perscriptions. In particular it highlights the World Bank's dollar-a-day measure of poverty and exposes the inadequacies of Bretton Woods-inspired poverty reduction programmes.
The eight papers in this volume offer a rich historical insight into the different dimensions of economic developments in the 20th century as they affect globalization. They share a common over-arching concern the growing divergence between the North and the South. The papers trace factors that have been responsible for the growing inequalities colonial exploitation, protectionism, perverse labour laws, and exploitative international capital flows. In doing so, the authors question many of the conventional explanations of neo-classical economics relating to international trade and finance. The volume traces the evolution of the development state, condemns the gross accumulation of wealth and power in the developed countries, and argues for the establishment of a decentralized, development democracy.
This important collection is a timely contribution to the debate on the Asian financial crisis. With chapters written by well-established international experts in Asian economics, this book constitutes a finely judged example of the varying opinions on the matter.
"The debate on the major factors contributing to Southeast Asian industrialization continues unabated. As might be expected, there is much at stake in this debate. The debate is largely ideological in nature and partly centers on the role and contribution of state interventions and other institutions in market processes in the context of late industrialization. At the risk of caricaturing the debate, on the one hand, one finds the dominant and more influential position held by those who blame the state for all that has gone wrong and credit the market for all that has turned out right; on the other hand, the minority statist extreme position basically credits most major economic achievements in East Asia to appropriate interventions by developmentalist states. While very few people would actually fully identify with either of these caricatured extremes, much of the discussion actually gravitates around either of these poles. "