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Cover image for book Restructuring the Malaysian Economy

Restructuring the Malaysian Economy

Development and Human Resources
By:Robert E. B. Lucas; Donald Verry
Publisher:Springer Nature
Print ISBN:9780333753644
eText ISBN:9781349274512
Edition:0
Copyright:1999
Format:Page Fidelity

Expires on Sep 17, 2026

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An authoritative study of the Malaysian economy and labour market. Malaysia has enjoyed an enviable growth record over twenty-five years which few nations can match, and has also been keen to judge her performance against non-growth criteria of poverty eradication and national unity following the emergence of racial conflict in 1969. There are many lessons for policy-makers elsewhere of this active approach to poverty eradication and social restructuring while generating rapid growth, which stands in sharp contrast to laissez-faire orthodoxy.