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The Leap of the Tiger:How Malaysia Can Escape the Middle-Income Trap

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by Reda Cherif & Fuad Hasanov
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The Leap of the Tiger:How Malaysia Can Escape the Middle-Income Trap by Reda Cherif & Fuad Hasanov

Only a few European economies and Korea and Taiwan Province of China reached high-income status during 1970-2010. Malaysia’s real income per capita increased to 26 percent of the U.S. level in 2010 from 20 percent in 1970. Despite relatively strong growth and a substantial improvement in export sophistication, Malaysia’s total factor productivity lagged behind that of Korea and Taiwan Province of China. We argue that what characterizes their experience in contrast to Malaysia’s is the creation of technologies by domestic firms and a push to leapfrog to the technological frontier at an early stage of development.

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Ebook Details
Pages: 27
Size: 1.1 MB
Date published:   2015
ISBN: 9781513590738 (DRM-EPUB)

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This product is listed in the following categories:

Nonfiction > Business & Economics
Nonfiction > Business & Economics > Industries

These authors have products in the following categories:

Nonfiction > Business & Economics > Economics > Macroeconomics
Nonfiction > Business & Economics > Economics
Nonfiction > Business & Economics > International > Economics
Nonfiction > Business & Economics
Nonfiction > Business & Economics > Industries
Nonfiction > Business & Economics > Public Finance
Nonfiction > Business & Economics > Environmental Economics
Nonfiction > Business & Economics > International

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