Foreign Capital and Industrialization in Malaysia [Hardcover]

This book examines foreign capital's role in stimulating industrialization. Using both conventional and unconventional approaches, the author finds foreign capital to have played a positive role in Malaysia's industrialization. The branch- and industry-level analyses show generally strong pecuniary effects by foreign capital. Local-dominated branches and industries, however, show strong linkages with the domestic economy. The firm-level analysis tends to reveal strong technological spillovers from foreign capital. The book closes with regulatory prescriptions to enhance positive spillovers.List of Tables - List of Figures - Acknowledgements - Appendices - Introduction - Foreign Manufacturing Capital in Developing Economies - Manufacturing in Colonial Malaya - Manufacturing Branches - Manufacturing Industries - Foreign Firms - Local Firms - Conclusions and Policy Implications - Bibliography - IndexRAJAH RASIAH