Malaysia's Political Economy: Politics, Patronage and Profits
CUP Archive, Aug 28, 1999 - Business & Economics - 228 pages
This book is an insightful and accessible analysis of contemporary Malaysian business and politics. Using the concepts of rent and rent-seeking as tools to study the Malaysian political economy, the authors explore how political patronage influences the accumulation and concentration of wealth. The book considers the impact of party politics and economic development on the relationship between politics and business in Malaysia, and provides up-to-date discussions of government-led change in Malaysia's business community, including the emergence of a Malay business class. In this revised edition, the authors examine how the 1997 Asian currency, liquidity and financial crises have impacted on Malaysia's economy. Their discussion canvasses various economic policy responses, including capital control measures, as well the ensuing economic recession and political turmoil.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
acquired acquisition activities Anwar appears Asian assets associate awarded Bank Barisan Nasional become benefited Berjaya Bumiputera businessmen capital cent stake changes Chinese close concern continued contract corporate Daim Daim Zainuddin deputy despite director divested early economic election emerged equity especially established ethnic example fact Figure foreign funds gained Gomez Group growth holding company Holdings implementation important incorporated increased Industries interests investments involved issue KLSE Land largest late later leaders limited linked listed company loans lucrative Mahathir major Malay Malaysian Business manufacturing million obtained operations opportunities ownership party patronage Pernas Plan political Prime Minister privatisation production profitable promote public enterprises publicly listed reduced remaining rents Sabah Sdn Bhd sector secure share shareholder sold Star Straits Study Table Tajudin trading trust UMNO UMNO's United Wan Azmi