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Malaysia’s Economy in Decline: What Happened? Why? What to Do?
By: Khor Kok Peng
Book Condition: Good
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RM59.90 RM44.93
1 in stock
Description
After decades of success, the Malaysian economy suddenly stopped growing in 1985-86. Average incomes have fallen drastically, unemployment is at an all-time high and investments have plunged.This book answers the questions, what happened and why? It analyses external factors (such as fall in commodity prices and foreign debt) and internal weaknesses (corporate crimes, misuse of public funds and prestige projects).To prevent a full-scale economic crisis, Malaysia's external dependence must be reduced, corruption and corporate malpractices must be stopped and wastage of public funds should be curtailed.This book is essential reading for those wanting to understand the current Malaysian economic slowdown and what to do about it.
