Book(electronic)1994

Malaysian development: a retrospective

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Abstract

"Malaysia ranks among the most dynamic of the high-growth Southeast Asian economies, but the prospects for Malaysian success have not always seemed so positive. When Malaysia became independent in 1957, it was a poor and deeply troubled country. With weak political and economic structures, it faced the added threat of a Communist Insurgency. Though the decades since have not been kind to many developing countries, Malaysia has managed to avoid the pitfalls that beset others, and has initiated far-reaching policies designed to restructure its society, alleviate poverty, and promote economic growth. With stable government and a vigorous economy, Malaysia today is among the great success stories of East Asian development."--BOOK JACKET