Foreign capital and industrialization in Malaysia
Material type:
- 9780333615058
- 338.886897 RAS
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Gandhi Smriti Library | 338.886897 RAS (Browse shelf(Opens below)) | Available | 58699 |
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This book examines foreign capital's role in stimulating industrialization. Using both conventional and unconventional approaches, the author finds foreign capital to have played a positive role in Malaysia's industrialization. The branch- and industry-level analyses show generally strong pecuniary effects by foreign capital. Local-dominated branches and industries, however, show strong linkages with the domestic economy. The firm-level analysis tends to reveal strong technological spillovers from foreign capital. The book closes with regulatory prescriptions to enhance positive spillovers.
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