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9789814459693 Academic Inspection Copy

Malaysia's Socio-Economic Transformation

Ideas for the Next Decade
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Since 1957, Malaysia's economic development has been an account of growth, transformation, and of structural change. More than 75 per cent of its gross domestic product (GDP) comes from the manufacturing and services sectors. However, Malaysia is stuck in a middle-income trap and is facing challenges on the economic and political front. In June 2010, Prime Minister Najib Razak unveiled the 10th Malaysian Plan (2011-15) to chart the development of Malaysia from a middle- to high-income nation. This publication represents a policy-oriented stocktake and evaluation by academics, policy-makers, and business people on Malaysia's achievements, present work-in-progress endeavours, and some of the future challenges facing the nation in its pursuit to achieve a developed high-income country status.
Sanchita Basu Das is an ISEAS Fellow and Lead Researcher (Economic Affairs) at the ASEAN Studies Centre, Institute of Southeast Asian Studies (ISEAS), Singapore. Lee Poh Onn is Fellow at the Regional Economic Studies Unit, Institute of Southeast Asian Studies (ISEAS), Singapore.
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