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Innovation and Economic Growth in Malaysia

Le, Ngoc Ha LU (2015) EKHM51 20151
Department of Economic History
Abstract
Since independence in 1957, Malaysia has transformed significantly from an economy based on primary commodities to one fuelled by manufacturing and services based on foreign investment.. Besides Malaysian economy has achieved steadily high growth for over five decades. However, after the Asian financial crisis of 1997, the growth of Malaysian economic slowed and the downturn remains until the 2008 global financial crisis made matters worse. Currently, Malaysian economy give some hints of recovery, but there is still concern that the recovery might be challenging. The reason is that Malaysia has lost its comparative and competitive advantages in several products to some new developing economies opening up and joining the trend of export-led... (More)
Since independence in 1957, Malaysia has transformed significantly from an economy based on primary commodities to one fuelled by manufacturing and services based on foreign investment.. Besides Malaysian economy has achieved steadily high growth for over five decades. However, after the Asian financial crisis of 1997, the growth of Malaysian economic slowed and the downturn remains until the 2008 global financial crisis made matters worse. Currently, Malaysian economy give some hints of recovery, but there is still concern that the recovery might be challenging. The reason is that Malaysia has lost its comparative and competitive advantages in several products to some new developing economies opening up and joining the trend of export-led growth. In addition, it cannot compete with developed countries with new technologies (Less)
Please use this url to cite or link to this publication:
author
Le, Ngoc Ha LU
supervisor
organization
course
EKHM51 20151
year
type
H2 - Master's Degree (Two Years)
subject
keywords
Innovation, economic growth, Malaysia
language
English
id
8840434
date added to LUP
2016-09-06 13:55:22
date last changed
2016-09-06 13:55:22
@misc{8840434,
  abstract     = {Since independence in 1957, Malaysia has transformed significantly from an economy based on primary commodities to one fuelled by manufacturing and services based on foreign investment.. Besides Malaysian economy has achieved steadily high growth for over five decades. However, after the Asian financial crisis of 1997, the growth of Malaysian economic slowed and the downturn remains until the 2008 global financial crisis made matters worse. Currently, Malaysian economy give some hints of recovery, but there is still concern that the recovery might be challenging. The reason is that Malaysia has lost its comparative and competitive advantages in several products to some new developing economies opening up and joining the trend of export-led growth. In addition, it cannot compete with developed countries with new technologies},
  author       = {Le, Ngoc Ha},
  keyword      = {Innovation,economic growth,Malaysia},
  language     = {eng},
  note         = {Student Paper},
  title        = {Innovation and Economic Growth in Malaysia},
  year         = {2015},
}