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Foreign Capital and Industrialization in Malaysia

Foreign Capital and Industrialization in Malaysia

Hardcover

Series: Studies in the Economies of East and South-East Asia

Business GeneralEconomicsGeneral Sociology

ISBN10: 0333615050
ISBN13: 9780333615058
Publisher: Palgrave MacMillan
Published: Apr 10 1995
Pages: 263
Weight: 1.11
Height: 0.75 Width: 5.50 Depth: 8.50
Language: English
This book examines foreign capital's role in stimulating industrialization. Using both conventional and unconventional approaches, the author finds foreign capital to have played a positive role in Malaysia's industrialization. The branch- and industry-level analyses show generally strong pecuniary effects by foreign capital. Local-dominated branches and industries, however, show strong linkages with the domestic economy. The firm-level analysis tends to reveal strong technological spillovers from foreign capital. The book closes with regulatory prescriptions to enhance positive spillovers.

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