Malaysian Economic Development: A Need for Reassessment?

Abstract

This paper discusses certain issues relating to growth and development of the Malaysian economy. The highly open nature of the Malaysian economy and its vulnerability to external monetary shocks, as shown by mid‐1980s recession and financial crisis of 1997 necessitate a rethinking of strategies for sustainable development. This paper uses alternative perspectives from Islamic economics and good practice management principles as a basis for discussion.

Citation

Hj.Ghazali, A. and Hj.Alias, M. (2001), "Malaysian Economic Development: A Need for Reassessment?", Humanomics, Vol. 17 No. 1, pp. 54-60. https://doi.org/10.1108/eb018859