Foreign Capital and Industrialization in Malaysia

  • Rajah┬áRasiah

Part of the Studies in the Economies of East and South-East Asia book series (SEESEA)

Table of contents

  1. Front Matter
    Pages i-xvi
  2. Rajah Rasiah
    Pages 1-4
  3. Rajah Rasiah
    Pages 45-73
  4. Rajah Rasiah
    Pages 74-103
  5. Rajah Rasiah
    Pages 104-132
  6. Rajah Rasiah
    Pages 133-164
  7. Rajah Rasiah
    Pages 165-196
  8. Rajah Rasiah
    Pages 197-206
  9. Back Matter
    Pages 207-263

About this book


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.


capital Developing Economies economy manufacturing

Authors and affiliations

  • Rajah┬áRasiah
    • 1
  1. 1.Faculty of EconomicsUniversiti KebangaanMalaysia

Bibliographic information

Industry Sectors
Finance, Business & Banking