IDEAS home Printed from https://ideas.repec.org/h/bis/bisbpc/100-14.html
   My bibliography  Save this book chapter

Globalisation and deglobalisation

In: Globalisation and deglobalisation

Author

Listed:
  • Central Bank of Malaysia

Abstract

Malaysia’s integration into global value chains has played a crucial role in the recent development of the economy, helping to promote its diversification into higher value added and services-based manufacturing. Globalisation has also enabled technological advances and higher investment. This has led to faster income growth, particularly for capital owners and highly skilled workers. However, Malaysia is also now faced with new issues, such as a heavier reliance on foreign workers and heightened vulnerability from global developments. In particular, Malaysia also faces challenges posed by highly volatile capital flows. Moving forward, the global economy will inevitably become more interconnected. The policy imperative is to develop a labour force that is able to respond quickly to changing global demands, strengthen economic fundamentals to protect economic resilience and continuously implement structural reforms to future-proof the economy.

Suggested Citation

  • Central Bank of Malaysia, 2018. "Globalisation and deglobalisation," BIS Papers chapters, in: Bank for International Settlements (ed.), Globalisation and deglobalisation, volume 100, pages 223-229, Bank for International Settlements.
    • Handle: RePEc:bis:bisbpc:100-14
    as

    Download full text from publisher

    File URL: https://www.bis.org/publ/bppdf/bispap100_n.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Anca Ioana Troto (Iacob), 2021. "Case Study on KOF Globalization Index for Greece, Czech Republic, Poland, Romania and Hungary," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 185-192, December.
    2. György Matolcsy & Márton Nagy & Dániel Palotai & Barnabás Virág, 2020. "Inflation in the Digital Age: Inflation Measurement and Bias in the 21st Century," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 19(1), pages 5-36.
    3. Nitin Agarwala & Rana Divyank Chaudhary, 2021. "‘Made in China 2025’: Poised for Success?," India Quarterly: A Journal of International Affairs, , vol. 77(3), pages 424-461, September.
    4. Mohammad Anhier Al-Froukh, 2021. "Developing in Investment Environment in Jordan from the Perspective of Jordan Investments Commission," International Journal of Business and Management, Canadian Center of Science and Education, vol. 14(10), pages 116-116, July.

    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:bis:bisbpc:100-14. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Martin Fessler (email available below). General contact details of provider: https://edirc.repec.org/data/bisssch.html .

    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.