creators_name: Anuwar Ali, editors_name: Yoshitaro, Fuwa editors_name: Hidemi, Yoshida type: book_section datestamp: 2011-11-09 08:01:28 lastmod: 2013-05-08 08:40:38 metadata_visibility: show corp_creators: Open University Malaysia title: Challenges of Globalization for International Cooperation : The Case of Malaysia ispublished: pub subjects: HC full_text_status: restricted monograph_type: documentation keywords: Economics development - Malaysia abstract: Since Independence in 1957 Malaysia’s economic development strategy can be described as one that espouses integration with the world economy, given that trade has been an important component of its development process, while FDI too plays an important role. This strategy yielded impressive results as the economy was transformed from an agriculture-based economy to one with a large industrial base. Malaysia, for example, grew at an average rate of 8.8% between 1990-1996. This was also accompanied by low inflation, declining inequality, significant reductions in the poverty level and a high savings rate. Malaysia therefore enjoyed relatively strong ‘fundamentals’ just before the 1997 crisis. (Author's abstract) date: 2001 date_type: published publisher: Foundation for Advanced Studies on International Development place_of_pub: Tokyo, Japan refereed: TRUE book_title: Challenges of Globalization for International Cooperation citation: Anuwar Ali, (2001) Challenges of Globalization for International Cooperation : The Case of Malaysia. In: Challenges of Globalization for International Cooperation. Foundation for Advanced Studies on International Development, Tokyo, Japan. document_url: https://library.oum.edu.my/repository/639/1/plugin-forum8english-1.pdf