IDEAS home Printed from https://ideas.repec.org/a/acg/journl/v8y2020i3p83-87.html
   My bibliography  Save this article

Analysing the Economic Performance and Projecting for Future: The Case of Malaysia

Author

Listed:
  • Chinnasamy Agamudai Nambi Malarvizhi

    (Multimedia University)

  • M Chitra

    (Madurai Kamaraj University)

Abstract

After Independence, Malaysia had originally started with a focus on diversifying agricultural exports by growing and strengthening its export earnings and income. This approach was pursued as a reliable economic development strategy. However, with the resulting rapid development, the country transited from an agrarian economy to a manufacturing-centric economy. Considering the diverse trends of Malaysia's economy due to the globalization and privatization, this study aims to analyze the past trends of the economy and mainly concentrate on the current and future scenario in this country. By following a historical research method and by considering the economic data sets for the period of 2005-2016, this paper finds that the impact of globalization, the impact of enterprise privatization on economic growth, job creation, and on FDI inflow, vary significantly over ten years under consideration.

Suggested Citation

  • Chinnasamy Agamudai Nambi Malarvizhi & M Chitra, 2020. "Analysing the Economic Performance and Projecting for Future: The Case of Malaysia," Shanlax International Journal of Economics, Shanlax Journals, vol. 8(3), pages 83-87, June.
    • Handle: RePEc:acg:journl:v:8:y:2020:i:3:p:83-87
    DOI: 10.34293/economics.v8i3.3222
    as

    Download full text from publisher

    File URL: https://www.shanlaxjournals.in/journals/index.php/economics/article/view/3222
    Download Restriction: no
    File URL: https://www.shanlaxjournals.in/journals/index.php/economics/article/view/3222/2671
    Download Restriction: no
    File URL: https://libkey.io/10.34293/economics.v8i3.3222?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Roshaiza Taha & Sisira R.N. Colombage & Svetlana Maslyuk, 2009. "Financial development and economic growth in Malaysia: Cointegration and Co-feature analysis," Monash Economics Working Papers 31-09, Monash University, Department of Economics.
    2. Reunka Mahadevan, 2007. "Sustainable Growth and Economic Development," Books, Edward Elgar Publishing, number 12756.
    3. Paul Cook & Yuichiro Uchida, 2003. "Privatisation and economic growth in developing countries," Journal of Development Studies, Taylor & Francis Journals, vol. 39(6), pages 121-154.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Andrzej Cieślik & Łukasz Goczek, 2018. "Corruption, Privatisation and Economic Growth in Post-communist Countries," Europe-Asia Studies, Taylor & Francis Journals, vol. 70(8), pages 1303-1325, September.
    2. Temple, Jonathan & Sirimaneetham, Vatcharin, 2006. "Macroeconomic Policy and the Distribution of Growth Rates," CEPR Discussion Papers 5642, C.E.P.R. Discussion Papers.
    3. Sobir Shukurov & Mansoor Maitah & Lubos Smutka, 2016. "The Impact of Privatization on Economic Growth: The Case of Uzbekistan," International Journal of Economics and Financial Issues, Econjournals, vol. 6(3), pages 948-957.
    4. Samuel Adams & Berhanu Mengistu, 2008. "The Political Economy of Privatization in Sub‐Saharan Africa," Social Science Quarterly, Southwestern Social Science Association, vol. 89(1), pages 78-94, March.
    5. Sethi, Amarjit Singh, 2016. "Sources of Growth in India: Evidence from Punjab and Haryana," Journal of Regional Development and Planning, Rajarshi Majumder, vol. 5(1), pages 15-34.
    6. Sharon G.M. Koh & Grace H.Y. Lee & Eduard J. Bomhoff, 2016. "The dynamics of public opinion towards inequality in Malaysia," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 21(4), pages 578-598, October.
    7. Kilby, Christopher, 2005. "Aid and regulation," The Quarterly Review of Economics and Finance, Elsevier, vol. 45(2-3), pages 325-345, May.
    8. Vatcharin Sirimaneetham, 2006. "What drives liberal policies in developing countries?," Bristol Economics Discussion Papers 06/587, School of Economics, University of Bristol, UK.
    9. Daanish Mustafa & Philip Reeder, 2009. "‘People Is All That Is Left to Privatize’: Water Supply Privatization, Globalization and Social Justice in Belize City, Belize," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 33(3), pages 789-808, September.
    10. Crivelli, Ernesto, 2013. "Fiscal impact of privatization revisited: The role of tax revenues in transition economies," Economic Systems, Elsevier, vol. 37(2), pages 217-232.
    11. Tham Siew Yean, 2013. "Malaysia," Chapters, in: Hal Hill & Maria Socorro Gochoco-Bautista (ed.), Asia Rising, chapter 8, pages 213-245, Edward Elgar Publishing.
    12. Muhammad Salah Uddin & Zobayer Ahmed, 2021. "Privatization policy, entrepreneurship, and economic development: the dynamics in Bangladesh economy," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 11(1), pages 329-336, December.
    13. Smaoui, Houcem & Nechi, Salem, 2017. "Does sukuk market development spur economic growth?," Research in International Business and Finance, Elsevier, vol. 41(C), pages 136-147.
    14. Andrew Jia-Yi Kam, 2014. "Revisiting the productivity growth and spillovers debate: the case of Malaysian manufacturing sector," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 19(4), pages 656-681, October.
    15. Josiah, Jairos & Burton, Bruce & Gallhofer, Sonja & Haslam, Jim, 2010. "Accounting for privatisation in Africa? Reflections from a critical interdisciplinary perspective," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 21(5), pages 374-389.
    16. Hao Qi & David M. Kotz, 2020. "The Impact of State-Owned Enterprises on China’s Economic Growth," Review of Radical Political Economics, Union for Radical Political Economics, vol. 52(1), pages 96-114, March.
    17. Vatcharin Sirimaneetham, 2006. "Explaining policy volatility in developing countries," Bristol Economics Discussion Papers 06/583, School of Economics, University of Bristol, UK.
    18. Abdul Aleem Qureshi & Syed Faizan Iftikhar & Mohsin Hasnain Ahmed, 2017. "The Fiscal Impacts of Privatization Reforms in Pakistan: A Dynamic Analysis," Econometrics Letters, Bilimsel Mektuplar Organizasyonu (Scientific letters), vol. 4(1), pages 17-32.
    19. Alka Jauhari, 2018. "African Economic Renaissance: A Case Study of Rwanda and Angola," Insight on Africa, , vol. 10(2), pages 127-149, July.
    20. Samuel Adams & Berhanu Mengistu, 2008. "Privatization, Governance and Economic Development in Developing Countries," Journal of Developing Societies, , vol. 24(4), pages 415-438, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:acg:journl:v:8:y:2020:i:3:p:83-87. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: S.Lakshmanan (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.