Hill, Hal; Yean, Tham S.; Zin, Ragayah H. M.
This study examines the Malaysia development record in the context of widespread concerns that the country, and others like it, may encounter major difficulties in graduating to the ranks of high-income economies. It stresses the country's rapid socioeconomic development, built on openness, reasonably competent macroeconomic management and attention to equity issues. It then investigates the country's significant slowdown in investment and economic growth since the late 1990s, and asks whether...[Show more]
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