Abstract
If modern manufacturing emerged during the colonial period, it became the main engine of economic growth in Malaysia after the early 1970s. The post-colonial state, enjoying relative autonomy to embark on domestic accumulation, began promoting industrialization aggressively. In this, the government was presented with good infrastructure, revenue earning primary sectors and the early colonial manufacturing experience. Export revenue generated by the primary sectors helped the government to shelter and subsidize manufacturing. As in colonial Malaya, foreign investment continued to play a major role in Malaysia’s manufacturing expansion.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 1995 Rajah Rasiah
About this chapter
Cite this chapter
Rasiah, R. (1995). Manufacturing Branches. In: Foreign Capital and Industrialization in Malaysia. Studies in the Economies of East and South-East Asia. Palgrave Macmillan, London. https://doi.org/10.1057/9780230377585_4
Download citation
DOI: https://doi.org/10.1057/9780230377585_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-39258-2
Online ISBN: 978-0-230-37758-5
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)