Abstract
Over the past two decades, there has been a noticeable transformation of the Malaysian economy. Rapid and sustained economic growth has been accompanied by: falling poverty, falling unemployment, improved human development and low inflation. Specifically, an integration of the Malaysian economy with the rest of the world through inward Foreign Direct Investment (FDI) and trade has played a key role in transforming Malaysia from a resource-based economy to one that participates in high-skilled and technology-intensive sectors in the global markets.
Original language | English |
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Title of host publication | Globalisation and Work in Asia |
Editors | John Burgess, Julia Connell |
Place of Publication | U.K. |
Publisher | Chandos Publishing |
Pages | 151-177 |
Number of pages | 27 |
ISBN (Print) | 9781843342175 |
DOIs | |
Publication status | Published - 2007 |
Keywords
- Malaysia
- economic development
- globalization
- international trade
- investments, foreign