Description:The role of foreign capital in developing economies is a controversial topic. Supporters view it as the epitome of industrial development, while critics regard it as an instrument of underdevelopment. 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. Both market and non-market mechanisms of coordination were instrumental in the development of technical and pecuniary links between foreign and local firms. The book closes with regulatory prescriptions to enhance positive spillovers. Governments are recommended to adopt screening methods that emphasize foreign firms' ability to stimulate the expansion of productive capacity and market outlets of local firms.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Foreign Capital and Industrialization in Malaysia (Studies in the Economies of East and South-East Asia). To get started finding Foreign Capital and Industrialization in Malaysia (Studies in the Economies of East and South-East Asia), you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
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Foreign Capital and Industrialization in Malaysia (Studies in the Economies of East and South-East Asia)
Description: The role of foreign capital in developing economies is a controversial topic. Supporters view it as the epitome of industrial development, while critics regard it as an instrument of underdevelopment. 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. Both market and non-market mechanisms of coordination were instrumental in the development of technical and pecuniary links between foreign and local firms. The book closes with regulatory prescriptions to enhance positive spillovers. Governments are recommended to adopt screening methods that emphasize foreign firms' ability to stimulate the expansion of productive capacity and market outlets of local firms.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Foreign Capital and Industrialization in Malaysia (Studies in the Economies of East and South-East Asia). To get started finding Foreign Capital and Industrialization in Malaysia (Studies in the Economies of East and South-East Asia), you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.