A CASE STUDY OF STRUCTURAL TRANSFORMATIONS, TRADE AND POVERTY IN MALAYSIA'S SOCIOECONOMIC DEVELOPMENT, 1960–95

Abstract

Malaysia is one of the high performing economies (HPE) in Southeast Asia. It had experienced strong growth and development for the period between 1957 and 1995. Socioeconomic planning, structural and trade adjustments, and adoption of pragmatic policies that promoted agriculture as well as the manufacturing sub‐sector resulted in higher productivities, incomes and standards of living. Policymakers were also successful in adopting policies that mitigated poverty and, to a lesser extent, decreased income inequality.

Citation

Salih, T. and Colyer, D. (2000), "A CASE STUDY OF STRUCTURAL TRANSFORMATIONS, TRADE AND POVERTY IN MALAYSIA'S SOCIOECONOMIC DEVELOPMENT, 1960–95", International Journal of Commerce and Management, Vol. 10 No. 1, pp. 24-47. https://doi.org/10.1108/eb047395