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The Institutional and Policy Framework for Regulation and Competition in Malaysia

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  • Lee, Cassey

Abstract

Regulatory reforms took place in Malaysia mainly as a consequence of the privatization since the mid-1980s. A sectoral approach to regulation has been adopted in sectors where privatization took place. Competition regulation has only been implemented in one sector, namely the communications and multimedia sector. The government may implement a national competition policy by 2003. Economic regulation, such as control over entry-exit conditions to achieve goals related to poverty eradication and wealth redistribution, continues to be important. Some trade-off between competition and the achievement of these objectives seems imminent and unavoidable. Industrial and trade policies to protect local industries via high import duties also come into conflict with the objectives of competition regulation. Some initiatives to implement good corporate governance have been undertaken.

Suggested Citation

  • Lee, Cassey, 2002. "The Institutional and Policy Framework for Regulation and Competition in Malaysia," Centre on Regulation and Competition (CRC) Working papers 30699, University of Manchester, Institute for Development Policy and Management (IDPM).
    • Handle: RePEc:ags:idpmcr:30699
    DOI: 10.22004/ag.econ.30699
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    File URL: https://ageconsearch.umn.edu/record/30699/files/cr020045.pdf
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    References listed on IDEAS

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    1. C. Lee, 2002. "Telecommunications Reforms In Malaysia," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 73(4), pages 521-540, December.
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    Cited by:

    1. Török, Ádám, 2005. "Gazdasági felzárkózás és versenypolitika. A dél-afrikai eset komparatív tanulságai [Economic catch-up and competition policy. Comparative lessons of the case of South Africa]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 736-754.
    2. Paryono Paryono & Khudzaifah Dimyati & Absori Absori & Shinta Dewi Rismawati, 2019. "The Hegemony of Global Capitalism in the Regulation of Electricity: The Electricity Policies of the Selected Southeast Asian Nations," International Journal of Energy Economics and Policy, Econjournals, vol. 9(6), pages 326-335.

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