Industrialization in Malaysia: Import Substitution and Infant Industry Performance

ISBN-13: 9780415144766 / Angielski / Twarda / 1996 / 232 str.

Rokiah Alavi

Opis

Import substitution strategy enjoyed its heyday in the 1970s but was largely discredited and replaced by free market policies in the 1980s. It has been acknowledged recently, however, that some of the most successful growth economies in the Pacific Rim combined protectionist ISI policies with export-oriented policies. A systematic rethinking of the relationship between import-substituting and export-oriented industrialization strategies is provided, firstly, by making direct price comparisons to estimate the effective rate of protection (ERP); secondly, through an examination of the dynamic performance of infant industries using total factor productivity growth (TFPG) and domestic resource cost (DRC); and thirdly, through a comparison of the experience with the case of South Korea.

Spis treści

INTRODUCTION; Chapter 1 INDUSTRIAL STRATEGY: A FRAMEWORK FOR ANALYSIS; Chapter 2 MALAYSIAN INDUSTRIAL DEVELOPMENT:1957–l990s; Chapter 3 THE STRUCTURE OF TARIFF INCENTIVES IN MALAYSIA; Chapter 4 THE INFANT INDUSTRY ARGUMENT:A THEORETICAL ANALYSIS; Chapter 5 PROTECTION AND PRODUCTIVITY GROWTH; Chapter 6 HAVE THE INFANT INDUSTRIES GROWN UP?; Chapter 7 CONCLUSIONS AND POLICY RECOMMENDATIONS;

O autorze

Rokiah Alavi is an assistant professor in the Department of Economics, at the International Islamic University in Malaysia.