Malaysia: industrializing a primary producer

Abstract

The report examines Malaysia's prospects for developing export-oriented manufacturing industries on the economic base provided by its primary sectors while persevering with the adjustment program begun in 1983. Achieving balance-of-payments equilibrium and containing the increase in external debt make a further spell of fiscal austerity unavoidable, and this is underlined by the restrained investment program outlined in the Fifth Five-Year Plan. (Econom. Voorlichtingsdienst)