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Foreign Capital and Industrialization in Malaysia

Foreign Capital and Industrialization in Malaysia PDF Author: R. Rasiah
Publisher: Springer
ISBN: 0230377580
Category : Business & Economics
Languages : en
Pages : 280

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Book Description
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.