Restructuring the Malaysian Economy

Download or read book Restructuring the Malaysian Economy written by Robert E.B. Lucas and published by Springer. This book was released on 2016-07-27 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative study of the Malaysian economy and labour market. Malaysia has enjoyed an enviable growth record over twenty-five years which few nations can match, and has also been keen to judge her performance against non-growth criteria of poverty eradication and national unity following the emergence of racial conflict in 1969. There are many lessons for policy-makers elsewhere of this active approach to poverty eradication and social restructuring while generating rapid growth, which stands in sharp contrast to laissez-faire orthodoxy.