Contesting Malaysia’s Integration into the World Economy

Contesting Malaysia’s Integration into the World Economy
Author: Rajah Rasiah
Publisher: Springer Nature
Total Pages: 281
Release: 2021-05-15
Genre: Business & Economics
ISBN: 9811606501

This book brings together a set of incisive essays that interrogate Malaysian history and social relations which began during pre-colonial times, and extended to colonial and post-colonial Malaysia. It addresses economic misinterpretations of the role of markets in the way colonial industrialisation evolved, the nature of exploitation of workers, and the participation of local actors in shaping a wide range of socioeconomic and political processes. In doing so, it takes the lead from the innovative historian, Shaharil Talib Robert who argued that the recrafting of history should go beyond the use of conventional methodologies and analytic techniques. It is in that tradition that the chapters offer a semblance of causality, contingency, contradictions, and connections. With that, the analysis in each chapter utilises approaches appropriate for the topics chosen, which include history, anthropology, sociology, economics, politics, and international relations. The collection of chapters also offer novel interpretations to contest and fill gaps that have not been addressed in past works. The book is essential reading for history students, and those interested in Malaysian history in particular.

Contesting Malaysia's Integration Into the World Economy

Contesting Malaysia's Integration Into the World Economy
Author: Rajah Rasiah
Publisher:
Total Pages: 0
Release: 2021
Genre:
ISBN: 9789811606519

"Through celebrating the work of Shahril Talib Robert, the authors in this volume remind us of a deeper economic and political heritage that is often lost in the rubble of confusing national politics. All who care for Malaysia will find the studies here an uplifting affirmation of the value of open-minded and dedicated scholarship. I congratulate the editors and their colleagues for bringing so much more of the country's varied foundations to our attention." - -- Prof. Wang Gungwu, National University of Singapore, Singapore This book brings together a set of incisive essays that interrogate Malaysian history and social relations which began during pre-colonial times, and extended to colonial and post-colonial Malaysia. It addresses economic misinterpretations of the role of markets in the way colonial industrialisation evolved, the nature of exploitation of workers, and the participation of local actors in shaping a wide range of socioeconomic and political processes. In doing so, it takes the lead from the innovative historian, Shaharil Talib Robert who argued that the recrafting of history should go beyond the use of conventional methodologies and analytic techniques. It is in that tradition that the chapters offer a semblance of causality, contingency, contradictions, and connections. With that, the analysis in each chapter utilises approaches appropriate for the topics chosen, which include history, anthropology, sociology, economics, politics, and international relations. The collection of chapters also offer novel interpretations to contest and fill gaps that have not been addressed in past works. The book is essential reading for history students, and those interested in Malaysian history in particular. Rajah Rasiah is Distinguished National Professor of Economics at the Asia Europe Institute, University of Malaya. Azirah Hashim Azirah Hashim is Senior Professor in the English Language Department, Faculty of Languages and Linguistics. Jatswan Singh Sidhu Hernam Singh is associate professor in the Department of International and Strategic Studies, Faculty of Arts and Social Sciences, University of Malaya in Kuala Lumpur. .

Revisiting Colonialism and Colonial Labour

Revisiting Colonialism and Colonial Labour
Author: Sivachandralingam Sundara Raja
Publisher: Taylor & Francis
Total Pages: 188
Release: 2023-07-31
Genre: Social Science
ISBN: 1000918203

This book argues that the prevailing view of colonialism – that it was a negative and destructive phenomenon – needs to be rethought. It focuses on the experiences of the South Indian working class, large numbers of which came to Malaya in the early years of the twentieth century, emigrating from socially, economically, and environmentally inhospitable south India. It examines the opportunities which colonialism presented for these people, highlighting also the British approach to colonialism in Malaya, an approach which emphasised conservativism and tradition, and which protected the interests of the Malay aristocrat classes and, by extension, the Malay masses in order to compensate for European economic dominance and the influx of a non-Malay labour force. Overall, the book demonstrates that the South Indians, a class whose identity, social existence, and prospects were inextricably linked to imperial processes, benefitted from colonialism, and should be viewed as an active transnational entity within a constructive system, rather than as passive victims of repressive, destructive forces.

Asian Economic Integration in an Era of Global Uncertainty

Asian Economic Integration in an Era of Global Uncertainty
Author: Shiro Armstrong
Publisher: ANU Press
Total Pages: 315
Release: 2018-01-08
Genre: Political Science
ISBN: 1760461768

The Pacific Trade and Development (PAFTAD) conference series has been at the forefront of analysing challenges facing the economies of East Asia and the Pacific since its first meeting in Tokyo in January 1968. The 38th PAFTAD conference met at a key time to consider international economic integration. Earlier in the year, the people of the United Kingdom voted to leave the European Union and the United States elected Donald Trump as their next president on the back of an inward-looking ‘America First’ promise. Brexit and President Trump represent a growing, and worrying, trend towards protectionism in the North Atlantic countries that have led the process of globalisation since the end of the Second World War. The chapters in the volume describe the state of play in Asian economic integration but, more importantly, look forward to the region’s future, and the role it might play in defending the global system that has underwritten its historic rise. Asia has the potential to stand as a bulwark against the dual threats of North Atlantic protectionism and slowing trade growth, but collective leadership will be needed regionally and difficult domestic reforms will be required in each country.

Emerging Market Economies and Financial Globalization

Emerging Market Economies and Financial Globalization
Author: Leonardo E. Stanley
Publisher: Anthem Press
Total Pages: 260
Release: 2018-03-15
Genre: Business & Economics
ISBN: 1783086750

In the past, foreign shocks arrived to national economies mainly through trade channels, and transmissions of such shocks took time to come into effect. However, after capital globalization, shocks spread to markets almost immediately. Despite the increasing macroeconomic dangers that the situation generated at emerging markets in the South, nobody at the North was ready to acknowledge the pro-cyclicality of the financial system and the inner weakness of “decontrolled” financial innovations because they were enjoying from the “great moderation.” Monetary policy was primarily centered on price stability objectives, without considering the mounting credit and asset price booms being generated by market liquidity and the problems generated by this glut. Mainstream economists, in turn, were not majorly attracted in integrating financial factors in their models. External pressures on emerging market economies (EMEs) were not eliminated after 2008, but even increased as international capital flows augmented in relevance thereafter. Initially economic authorities accurately responded to the challenge, but unconventional monetary policies in the US began to create important spillovers in EMEs. Furthermore, in contrast to a previous surge in liquidity, funds were now transmitted to EMEs throughout the bond market. The perspective of an increase in US interest rates by the FED is generating a reversal of expectations and a sudden flight to quality. Emerging countries’ currencies began to experience higher volatility levels, and depreciation movements against a newly strong US dollar are also increasingly observed. Consequently, there are increasing doubts that the “unexpected” favorable outcome observed in most EMEs at the aftermath of the Global Financial Crisis (GFC) would remain.

The Elgar Companion to ASEAN

The Elgar Companion to ASEAN
Author: Jörn Dosch
Publisher: Edward Elgar Publishing
Total Pages: 297
Release: 2023-05-09
Genre: Political Science
ISBN: 1800378882

Providing a contemporary discussion of ASEAN, this holistic Companion critically examines the organisation’s characteristics, strengths and weaknesses, politics and policies, internal dynamics, and external relations. This fascinating and informative Companion makes a significant contribution to the literature on ASEAN, providing a comprehensive overview of the organisation and evaluating multidisciplinary perspectives on Southeast Asian regionalism.

China’s Grand Strategy

China’s Grand Strategy
Author: Andrew Scobell
Publisher: Rand Corporation
Total Pages: 155
Release: 2020-07-27
Genre: History
ISBN: 1977404200

To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades.

Taking Southeast Asia to Market

Taking Southeast Asia to Market
Author: Joseph Nevins
Publisher: Cornell University Press
Total Pages: 300
Release: 2018-09-05
Genre: Social Science
ISBN: 1501732277

Recent changes in the global economy and in Southeast Asian national political economies have led to new forms of commodity production and new commodities. Using insights from political economy and commodity studies, the essays in Taking Southeast Asia to Market trace the myriad ways recent alignments among producers, distributors, and consumers are affecting people and nature throughout the region. In case studies ranging from coffee and hardwood products to mushroom pickers and Vietnamese factory workers, the authors detail the Southeast Asian articulations of these processes while also discussing the broader implications of these shifts. Taken together, the cases show how commodities illuminate the convergence of changing social forces in Southeast Asia today, as they transform the terms, practices, and experiences of everyday life and politics in the global economy.

Learning to Industrialize

Learning to Industrialize
Author: Kenichi Ohno
Publisher: Routledge
Total Pages: 369
Release: 2014-04-03
Genre: Business & Economics
ISBN: 1136198849

This book proposes a new, pragmatic way of approaching economic development which features policy learning based on a comparison of international best policy practices. While the important role of government in promoting private sector development is being recognized, policy discussion often remains general without details as to what exactly to do and how to avoid common pitfalls. This book fills the gap by showing concrete policy contents, procedures, and organizations adopted in high-performing East Asian economies. Natural resources and foreign aid and investment can take a country to a certain income level, but growth stalls when given advantages are exhausted. Economies will be caught in middle income traps if growth impetus is not internally generated. Meanwhile, countries that have soared to high income introduced mindset, policies, and institutions that encouraged, or even forced, accumulation of human capital – skills, technology, and knowledge. How this can be done systematically is the main topic of policy learning. However, government should not randomly adopt what Singapore or Taiwan did in the past. A continued march to prosperity is possible only when policy makers acquire capability to formulate policy suitable for local context after studying a number of international experiences. Developing countries wanting to adopt effective industrial strategies but not knowing where to start will benefit greatly by the ideas and hands-on examples presented by the author. Students of development economics will find a new methodological perspective which can supplement the ongoing industrial policy debate. The book also gives an excellent account of national pride and pragmatism exhibited by officials in East Asia who produced remarkable economic growth, as well as serious effort by an African country to emulate this miracle. The Open Access version of this book, available at http://www.taylorfrancis.com/doi/view/10.4324/9780203085530 has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

Global Trends 2030

Global Trends 2030
Author: National Intelligence Council
Publisher: Cosimo Reports
Total Pages: 0
Release: 2018-02-07
Genre:
ISBN: 9781646797721

This important report, Global Trends 2030-Alternative Worlds, released in 2012 by the U.S. National Intelligence Council, describes megatrends and potential game changers for the next decades. Among the megatrends, it analyzes: - increased individual empowerment - the diffusion of power among states and the ascent of a networked multi-polar world - a world's population growing to 8.3 billion people, of which sixty percent will live in urbanized areas, and surging cross-border migration - expanding demand for food, water, and energy It furthermore describes potential game changers, including: - a global economy that could thrive or collapse - increased global insecurity due to regional instability in the Middle East and South Asia - new technologies that could solve the problems caused by the megatrends - the possibility, but by no means the certainty, that the U.S. with new partners will reinvent the international system Students of trends, forward-looking entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades will find this essential reading.