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Running out of steam? Manufacturing in Malaysia

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  • Jeff Tan

Abstract

This article examines the process of deindustrialisation in developing countries, looking at the case of Malaysia. It provides a framework to examine how industrial structure and domestic technological capabilities are affected by the wider challenges of late industrialisation, changes in global accumulation and domestic class formations. It discusses the emerging evidence of Malaysia’s premature deindustrialisation, and how this is the result of broader accumulation strategies that were primarily driven by internal factors related to the emergence of a Malay middle class and supported by changes in global accumulation processes related to the development of global production networks and financialisation.

Suggested Citation

  • Jeff Tan, 2014. "Running out of steam? Manufacturing in Malaysia," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 38(1), pages 153-180.
    • Handle: RePEc:oup:cambje:v:38:y:2014:i:1:p:153-180.
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    File URL: http://hdl.handle.net/10.1093/cje/bet032
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    Cited by:

    1. Cassey LEE, 2024. "Structural Transformation and Economic Resilience: The Case of Malaysia," Working Papers DP-2024-02, Economic Research Institute for ASEAN and East Asia (ERIA).
    2. Miao Zhang & Rui Yang, 2022. "FDI and spillovers: New evidence from Malaysia’s manufacturing sector," Review of Development Economics, Wiley Blackwell, vol. 26(2), pages 847-877, May.
    3. Sen, Kunal & Tyce, Matthew, 2019. "The elusive quest for high income status—Malaysia and Thailand in the post-crisis years," Structural Change and Economic Dynamics, Elsevier, vol. 48(C), pages 117-135.
    4. Abdur Rahman,Amanina Binti & Schmillen,Achim Daniel, 2020. "From Farms to Factories and Firms : Structural Transformation and Labor Productivity Growth in Malaysia," Policy Research Working Paper Series 9463, The World Bank.
    5. Costas Lapavitsas & Aylin Soydan, 2020. "Financialisation in developing countries: Approaches, concepts, and metrics," Working Papers 240, Department of Economics, SOAS University of London, UK.

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