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Privatization and public enterprise reform in the Asia‐Pacific region

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  • Edmund Gomez

Abstract

Given the close links between politics and business in Malaysia, the political implications of privatization take on added significance, contributing, in particular, to considerable political patronage during privatization. This paper deals with the problems that emerged following state intervention in the economy which ultimately led to the government's justification for introducing privatization. The paper examines the meaning of privatization in Malaysia, its mode of implementation and its implications on society. The main emphasis here is the question of executive dominance over the state and the impact this can have on the implementation of privatization, in particular, facilitating the practice of political patronage and changing ownership patterns.

Suggested Citation

  • Edmund Gomez, 1997. "Privatization and public enterprise reform in the Asia‐Pacific region," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 2(2), pages 178-200.
    • Handle: RePEc:taf:rjapxx:v:2:y:1997:i:2:p:178-200
    DOI: 10.1080/13547869708724616
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    Cited by:

    1. Muniandy, Balachandran & Ali, Muhammad Jahangir, 2012. "Development of financial reporting environment in Malaysia," Research in Accounting Regulation, Elsevier, vol. 24(2), pages 115-125.

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