Author : R. Rasiah
Publisher : Springer
Page : 280 pages
File Size : 48,6 Mb
Release : 1995-04-09
Category : Business & Economics
ISBN : 9780230377585
Foreign Capital and Industrialization in Malaysia by R. Rasiah Pdf
This book examines foreign capital's role in stimulating industrialization. Using both conventional and unconventional approaches, the author finds foreign capital to have played a positive role in Malaysia's industrialization. The branch- and industry-level analyses show generally strong pecuniary effects by foreign capital. Local-dominated branches and industries, however, show strong linkages with the domestic economy. The firm-level analysis tends to reveal strong technological spillovers from foreign capital. The book closes with regulatory prescriptions to enhance positive spillovers.