Foreign Capital and Industrialization in Malaysia

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.

Autorentext

RAJAH RASIAH

Zusammenfassung
This book examines foreign capital's role in stimulating industrialization. The branch- and industry-level analyses show generally strong pecuniary effects by foreign capital. The firm-level analysis tends to reveal strong technological spillovers from foreign capital.

Inhalt
List of Tables - List of Figures - Acknowledgements - Appendices - Introduction - Foreign Manufacturing Capital in Developing Economies - Manufacturing in Colonial Malaya - Manufacturing Branches - Manufacturing Industries - Foreign Firms - Local Firms - Conclusions and Policy Implications - Bibliography - Index