Industrialization in Malaysia : import substitution and infant industry performance / / Rokiah Alavi

• Record Nr.: UNINA9910819718503321
• Autore: Alavi Rokiah <1963->
• Pubbl/distr/stampa: London ; ; New York, : Routledge, 1996
• ISBN: 1-134-76065-5; 1-134-76066-3; 1-280-53911-9; 9786610539116; 0-203-01441-3
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (232 p.)
• Collana: Routledge studies in the growth economies of Asia ; ; 7
• Disciplina: 382/.6
• Soggetti: Import substitution - Malaysia; Export marketing - Malaysia; Tariff - Malaysia; New business enterprises - Malaysia; Industrial policy - Malaysia; Industrial policy - Korea (South)
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references (p. 182-206) and index.
• Nota di contenuto: Cover; INDUSTRIALISATION IN MALAYSIA; Title Page; Copyright Page; Table of Contents; List of figures; List of table; Preface; Introduction; 1 INDUSTRIAL STRATEGY: A FRAMEWORK FOR ANALYSIS; The issue; Import-substitution industrial strategy; The structure and levels of protection in LDCs; Other IS issues; Recommendations for policy reform; Conclusion; 2 MALAYSIAN INDUSTRIAL DEVELOPMENT: 1957-1990's; Malaysia: a historical overview; The industrial strategies: 1950's to 1990's; Phase 1: import-substitution industrialisation strategy; Phase 2: export-orientated industrialisation strategy; Phase 3: second round of ISI strategy Phase 4: second round of EOI strategy; Sources manufacturing output growth; Dualistic industrial structure; High imported input dependency; Conclusion; 3 THE STRUCTURE OF TARIFF INCENTIVES IN MALAYSIA; Tariff- and non-tariff-related policy instruments; Criteria used to select industries; ; Effective rate of protection: the theory; Previous studies on ERP in Malaysia; Estimation of ERP for 1987; The analysis of ERP estimation; End-use grouping; Trade grouping; Conclusion; 4 THE INFANT INDUSTRY ARGUMENT: A THEORETICAL ANALYSIS; Infant industry argument: the theory Positive and fast productivity growth; The Mill test; The Bastable test; Government intervention; Conclusion; 5 PROTECTION AND PRODUCTIVITY GROWTH; Productivity growth; The effects of factor intensity; Market orientation and productivity growth; Did protection policy increase productivity?; Conclusion; 6 HAVE THE INFANT INDUSTRIES GROWN UP?; Indicators of international competitiveness; Changes in the comparative advantage; Factors affecting changes in comparative advantage; Infant industries and exports; Conclusion; 7 CONCLUSIONS AND POLICY RECOMMENDATIONS; How have Malaysian infant industries performed? The defects in protection policy; Deficiency in industrial strategy; Lessons to be learned from South Korean experience; Concluding remarks; References; Index
• Sommario/riassunto: Some of the most successful growth economies in the Pacific Rim have combined protectionist Import Substitution Industrialisation policies with export-oriented policies. This study provides a systematic rethinking of relationships between strategies within the Malaysian context.