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Malaysia'S Economic Growth And Development: Challenges And The Way Forward

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  • EU CHYE TAN

    (Faculty of Economics & Administration, University of Malaya, Lembah Pantai, 50603 Kuala Lumpur, Malaysia)

Abstract

The paper reviews the economic growth and development experience of Malaysia since her early independence years against the major economic policy initiatives that she has undertaken over the years. It then tries to link those policy initiatives to the various economic growth theories. Subsequently, it dwells upon the various challenges faced by Malaysia to join the ranks of high income nations.

Suggested Citation

  • Eu Chye Tan, 2014. "Malaysia'S Economic Growth And Development: Challenges And The Way Forward," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 59(03), pages 1-17.
  • Handle: RePEc:wsi:serxxx:v:59:y:2014:i:03:n:s0217590814500234
    DOI: 10.1142/S0217590814500234
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    References listed on IDEAS

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    1. Robert J. Barro, 1998. "Determinants of Economic Growth: A Cross-Country Empirical Study," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262522543, December.
    2. Quibria, M.G., 2002. "Growth and Poverty: Lessons from the East Asian Miracle Revisited," MPRA Paper 2638, University Library of Munich, Germany.
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