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Malaysia’s Industrialisation and Trade: Issues, Options and Strategies

H. Osman-Rani and Mohd. Haflah Piei
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H. Osman-Rani: Fakulti Ekonomi Universiti Kebangsaan Malaysia 43600 UKM Bangi Selangor D.E., Malaysia
Mohd. Haflah Piei: Fakulti Ekonomi Universiti Kebangsaan Malaysia 43600 UKM Bangi Selangor D.E., Malaysia

Jurnal Ekonomi Malaysia, 1990, vol. 21/22, 13-44

Abstract: This paper consists of two sections. The first section attempts to review briefly the pattern and strategy of Malaysia’s industrialization since independence. emphasizing the trade aspects of the manufacturing sector and the role of international trade in the process of economic development. While it is argued that the export-promotion policy should be aggressively pursued, it is by no means the only one. In view of the fact that the export-oriented strategies can only be effective if external (demand) conditions are favorable and therefore subject to fluctuations, steps have to be taken to supplement these strategies with appropriate government intervention on the supply (internal) side.

Date: 1990
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