Titlebook: Restructuring the Malaysian Economy; Development and Huma Robert E. B. Lucas,Donald Verry Book 1999 Robert E. B. Lucas and Donald Verry 199

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Book 1999ions can match, and has also been keen to judge her performance against non-growth criteria of poverty eradication and national unity following the emergence of racial conflict in 1969. There are many lessons for policy-makers elsewhere of this active approach to poverty eradication and social restr

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National Economic Trendsnd the distribution of household incomes. The other important element analyzed in this chapter is Malaysia’s management of aggregate demand, with a particular focus on the critical decade of the 1980s and trends in unemployment.

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ch few nations can match, and has also been keen to judge her performance against non-growth criteria of poverty eradication and national unity following the emergence of racial conflict in 1969. There are many lessons for policy-makers elsewhere of this active approach to poverty eradication and so

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The Medium Run: Costs and International Competitivenesses up this issue in the Malaysian context, to ask which elements of cost may have been particularly misleading. This serves as background to Section 4 which considers implications for Malaysia’s development strategy, mechanisms for exploiting comparative advantage, and possible reasons for wanting to depart from this path.

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The Long Run: Human Resource Developmentoad terms. The next section then reviews some issues in the efficiency of the educational system and its role in promoting equality. This is followed by a consideration of some specific concerns with respect to industrial training.

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