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ISEAS–Yusof Ishak Institute
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Since 1957, Malaysia's economic development has been an account of growth, transformation, and of structural change. More than 75 per cent of its gross domestic product (GDP) comes from the manufacturing and services sectors. However, Malaysia is stuck in a middle-income trap and is facing challenges on the economic and political front. In June 2010, Prime Minister Najib Razak unveiled the 10th Malaysian Plan (2011-15) to chart the development of Malaysia from a middle- to high-income nation. This publication represents a policy-oriented stocktake and evaluation by academics, policymakers, and business people on Malaysia's achievements, present work-in-progress endeavours, and some of the future challenges facing the nation in its pursuit to achieve a developed high-income country status.

Table of Contents

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  1. Cover
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  1. Title Page, Copyright
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  1. Contents
  2. pp. v-viii
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  1. Foreword
  2. pp. ix-x
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  1. Preface
  2. pp. xi-xii
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  1. Acknowledgments
  2. pp. xiii-xiv
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  1. The Contributors
  2. pp. xv-xviii
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  1. 1. The Economy of Malaysia: Present, Problems, Prospects
  2. Sanchita Basu Das and Lee Poh Onn
  3. pp. 1-26
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  1. 2. Malaysia’s Economic Development and Transformation: Looking Back, Looking Forward
  2. Jomo Kwame Sundaram
  3. pp. 27-54
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  1. Part I: Economic Issues
  1. 3. Malaysia’s Route to Middle Income Status
  2. Rajah Rasiah
  3. pp. 57-92
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  1. 4. Harnessing Services for Development in Malaysia
  2. Tham Siew Yean and Loke Wai Heng
  3. pp. 93-117
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  1. 5. Productivity Led Growth
  2. Cassey Lee
  3. pp. 118-133
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  1. 6. Malaysia’s Investment Malaise: What Happened and Can It be Fixed
  2. pp. 134-160
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  1. 7. Infrastructure in Malaysia: Investment, Growth and Policy Challenges
  2. G. Naidu
  3. pp. 161-191
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  1. 8. Financial Reforms in Malaysia
  2. G. Sivalingam
  3. pp. 192-210
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  1. 9. ICT in Malaysia’s Growth Agenda
  2. Sharbanom Abu Bakar
  3. pp. 211-226
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  1. 10. Malaysia’s Participation in the ASEAN Economic Community
  2. Rokiah Alavi
  3. pp. 227-260
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  1. Part II: Politics, Decentralization and Environment
  1. 11. Prisons to Mind in Malaysia’s Nation Building
  2. Ooi Kee Beng
  3. pp. 263-277
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  1. 12. Malaysia’s Federal System: Stifling Local Initiative?
  2. Francis E. Hutchinson
  3. pp. 278-312
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  1. 13. The Environment
  2. Wee Chong Hui
  3. pp. 313-334
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  1. Part III: Social Issues
  1. 14. Malaysia’s Education, Off Course: Heady Growth, Systemic Woes, Small Fixes
  2. Hwok-Aun Lee
  3. pp. 337-353
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  1. 15. Growth and Change in Financing Malaysian Higher Education
  2. Lee Hock Guan
  3. pp. 354-370
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  1. 16. Income Inequality: A Drag on being a Developed Nation?
  2. Ragayah Haji Mat Zin
  3. pp. 371-395
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  1. 17. Migrant Workers in Malaysia: A Much Needed Labour Source
  2. Theresa W. Devasahayam
  3. pp. 396-417
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  1. 18. Growth and Liveability: The Case of Greater Kuala Lumpur, Malaysia
  2. Tan Teck Hong and Phang Siew Nooi
  3. pp. 418-436
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  1. Index
  2. pp. 437-457
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