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Structure and agency in the Malaysian government’s policies for economic development

Author

Listed:
  • Md Nasrudin Md Akhir
  • Keum Hyun Kim
  • Chung-Sok Suh

    (Korea Research Institute, The University of New South Wales, Australia)

Abstract

This article examines the role of government in Malaysia’s history of economic development. In addressing two key challenges – inter-ethnic inequalities, conflicts and tensions, and exposure to global trade and economic relations – the Malaysian government has become directly involved in the economy. Strong government has played a role in Malaysia’s economic success in a range of ways, from 5-year plans to specific industry promotion and the creation of organisations for particular economic development purposes. Government has also been aware of environmental changes and in response has modified its strategies, established new organisations and invested in innovative ventures. Thus, while the drivers of economic development in Malaysia have been deeply embedded structural phenomena, the actual economic development path taken has been determined by the actions of the Malaysian government in concert with other stakeholders.

Suggested Citation

  • Md Nasrudin Md Akhir & Keum Hyun Kim & Chung-Sok Suh, 2013. "Structure and agency in the Malaysian government’s policies for economic development," The Economic and Labour Relations Review, , vol. 24(4), pages 495-516, December.
    • Handle: RePEc:sae:ecolab:v:24:y:2013:i:4:p:495-516
    DOI: 10.1177/1035304613508865
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    References listed on IDEAS

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    1. Takashi Torii, 2003. "The Mechanism For State-Led Creation Of Malaysia'S Middle Classes," The Developing Economies, Institute of Developing Economies, vol. 41(2), pages 221-242, June.
    2. Bethuel Kinyanjui Kinuthia, 2009. "Industrialization in Malaysia: Changing role of Government and Foreign Firms," DEGIT Conference Papers c014_049, DEGIT, Dynamics, Economic Growth, and International Trade.
    3. AfDB AfDB, . "Annual Report 2012," Annual Report, African Development Bank, number 461.
    4. Peter Wad & V.G.R. Chandran Govindaraju, 2011. "Automotive industry in Malaysia: an assessment of its development," International Journal of Automotive Technology and Management, Inderscience Enterprises Ltd, vol. 11(2), pages 152-171.
    5. Camilla Jensen & Nasra Kara, 2011. "Trade Policy Review – Malaysia 2010," The World Economy, Wiley Blackwell, vol. 34(12), pages 2063-2080, December.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Santanu Sarkar, 2019. "How independent is India’s labour law framework from the state’s changing economic policies?," The Economic and Labour Relations Review, , vol. 30(3), pages 422-440, September.

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    More about this item

    Keywords

    Developmental state; economic development; government and economy; Malaysia;
    All these keywords.

    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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