Malaysia's Political Economy
Malaysia's Political Economy
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This book is an insightful and accessible analysis of contemporary Malaysian business and politics. Using the concepts of rent and rent-seeking as tools to study the Malaysian political economy, the authors explore how political patronage influences the accumulation and concentration of wealth. The book considers the impact of party politics and economic development on the relationship between politics and business in Malaysia, and provides up-to-date discussions of government-led change in Malaysia's business community, including the emergence of a Malay business class. In this revised edition, the authors examine how the 1997 Asian currency, liquidity and financial crises have impacted on Malaysia's economy. Their discussion canvasses various economic policy responses, including capital control measures, as well the ensuing economic recession and political turmoil.
- Includes richly detailed case studies which draw on the authors' extensive local knowledge
- Up-to-date analysis, including political turmoil in the late 1990s and the sacking of former deputy prime minister
- Comprehensive
Reviews & endorsements
'For those who have expertise or at least major interest in Malaysia, I should think this book would be an absolutely essential eddition to their bookshelves, one to which they would refer again and again for the specific details contained in it.' Journal of Asian Studies
Product details
- Published: August 1999
- Format: Paperback
- ISBN: 9780521663687
- Length: 272 pages
- Dimensions: 229 × 153 × 20 mm
- Weight: 0.455kg
- Contains: 9 b/w illus. 2 maps 25 tables
- Availability: Unavailable - out of print September 2003
Table of Contents
- 1. Defining the parameters
- 2. The colonial legacy
- 3. The new economic policy
- 4. Privatising state assets
- 5. The 'new rich'
- 6. Liberalisation after 1990?
- 7. Politics, policies and patronage
- Afterword: from economic to political crisis.
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