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Author: Aris Othman
Publisher:
ISBN:
Category : Malaysia
Languages : en
Pages : 10
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Book Description
Author: Aris Othman
Publisher:
ISBN:
Category : Malaysia
Languages : en
Pages : 10
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Book Description
Author: Kee Cheok Cheong
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 146
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Book Description
Author:
Publisher:
ISBN:
Category : Malaysia
Languages : en
Pages : 960
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Book Description
Author: Kasim B. Hj. Md Mansur
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 464
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Book Description
Author: R. M. Auty
Publisher: Oxford University Press
ISBN: 0199246882
Category : Business & Economics
Languages : en
Pages : 357
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Book Description
Since the 1960s the per capita incomes of the resource-poor countries have grown significantly faster than those of the resource-abundant countries. In fact, in recent years economic growth has been inversely proportional to the share of natural resource rents in GDP, so that the small mineral-driven economies have performed least well and the oil-driven economies worst of all. Yet the mineral-driven resource-rich economies have high growth potential because the mineral exportsboost their capacity to invest and to import."Resource Abundance and Economic Development" explains the disappointing performance of resource-abundant countries by extending the growth accounting framework to include natural and social capital. The resulting synthesis identifies two contrasting development trajectories: the competitive industrialization of the resource-poor countries and the staple trap of many resource-abundant countries. The resource-poor countries are less prone to policy failure than the resource-abundant countriesbecause social pressures force the political state to align its interests with the majority poor and follow relatively prudent policies. Resource-abundant countries are more likely to engender political states in which vested interests vie to capture resource surpluses (rents) at the expense of policycoherence. A longer dependence on primary product exports also delays industrialization, heightens income inequality, and retards skill accumulation. Fears of 'Dutch disease' encourage efforts to force industrialization through trade policy to protect infant industry. The resulting slow-maturing manufacturing sector demands transfers from the primary sector that outstrip the natural resource rents and sap the competitiveness of the economy.The chapters in this collection draw upon historical analysis and models to show that a growth collapse is not the inevitable outcome of resource abundance and that policy counts. Malaysia, a rare example of successful resource-abundant development, is contrasted with Ghana, Bolivia, Saudi Arabia, Mexico, and Argentina, which all experienced a growth collapse. The book also explores policies for reviving collapsed economies with reference to Costa Rica, South Africa, Russia and Central Asia. Itdemonstrates the importance of initial conditions to successful economic reform.
Author: Zainal Aznam Yusof
Publisher:
ISBN:
Category : Malaysia
Languages : en
Pages : 60
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Book Description
Author: Bruno S. Sergi
Publisher: Emerald Group Publishing
ISBN: 1800438060
Category : Business & Economics
Languages : en
Pages : 392
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Book Description
This book considers crucial changes to Malaysian economic areas and social well-being. The chapters cover diverse industries such as IT, green technology, retailing, banking, tourism and hospitality, education, logistics, finance, banking, and many others.
Author: David Lim
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 446
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Book Description
Textbook on the economic development of Malaysia - covers exports and economic growth, the balance of payments, agricultural policy, industrial development and industrial planning, import substitution, unemployment and employment creation, income distribution and fiscal policy, human resources, etc. Annotated bibliographys, diagrams, graphs, maps, references and statistical tables.
Author: Edward Barbier
Publisher: Cambridge University Press
ISBN: 9780521706513
Category : Business & Economics
Languages : en
Pages : 438
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Book Description
A comprehensive analysis of natural resource use and economic development in poor countries, first published in 2005.
Author: Anoma Abhayaratne
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 15
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Book Description
