Structure and agency in the Malaysian government’s policies for economic development

Md Nasrudin Md Akhir, Keum Hyun Kim and Chung-Sok Suh
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Chung-Sok Suh: Korea Research Institute, The University of New South Wales, Australia

The Economic and Labour Relations Review, 2013, vol. 24, issue 4, 495-516

Abstract: This article examines the role of government in Malaysia’s history of economic development. In addressing two key challenges – inter-ethnic inequalities, conflicts and tensions, and exposure to global trade and economic relations – the Malaysian government has become directly involved in the economy. Strong government has played a role in Malaysia’s economic success in a range of ways, from 5-year plans to specific industry promotion and the creation of organisations for particular economic development purposes. Government has also been aware of environmental changes and in response has modified its strategies, established new organisations and invested in innovative ventures. Thus, while the drivers of economic development in Malaysia have been deeply embedded structural phenomena, the actual economic development path taken has been determined by the actions of the Malaysian government in concert with other stakeholders.

Keywords: Developmental state; economic development; government and economy; Malaysia (search for similar items in EconPapers)
JEL-codes: E61 L52 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:ecolab:v:24:y:2013:i:4:p:495-516

DOI: 10.1177/1035304613508865

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