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Catching the Wind: Penang in a Rising Asia

Catching the Wind: Penang in a Rising Asia

Paperback

EconomicsGeneral Education

Publisher Price: $32.40

ISBN10: 9814379875
ISBN13: 9789814379878
Publisher: Inst Of Southeast Asian Studie
Published: Jun 27 2013
Pages: 236
Weight: 0.63
Height: 0.50 Width: 5.83 Depth: 8.27
Language: English
However impressive the economic success of Penang has been over the past four decades, structural conditions in the region call for a fundamental reconfiguration of this Malaysian state's competitive advantage. In the 1970s, the ageing entrepôt transformed itself into a manufacturing hub for the electronics industry and a well-known tourist site. This outward-looking model of economic growth has underpinned Penang's economic development up until the present. The question that now arises is whether Penang's present mode of development will continue to be effective, or whether it will have to transform itself.

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