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Malaysia's Political Economy: Politics, Patronage and Profits

by Edmund Terence Gomez

2020-07-24 06:01:48

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This book is an insightful and accessible analysis of contemporary Malaysian business and politics. Using the concepts of rent and rent-seeking as tools to study the Malaysian political economy, the authors explore how political patronage influences ... Read more
This book is an insightful and accessible analysis of contemporary Malaysian business and politics. Using the concepts of rent and rent-seeking as tools to study the Malaysian political economy, the authors explore how political patronage influences the accumulation and concentration of wealth. The book considers the impact of party politics and economic development on the relationship between politics and business in Malaysia, and provides up-to-date discussions of government-led change in Malaysia''s business community, including the emergence of a Malay business class. In this revised edition, the authors examine how the 1997 Asian currency, liquidity and financial crises have impacted on Malaysia''s economy. Their discussion canvasses various economic policy responses, including capital control measures, as well the ensuing economic recession and political turmoil. Less

Book Details

File size6.36x9.35x0.84inches
Print pages227
PublisherCambridge University Press
LanguageEnglish
ISBN9780521590075
autor-image
Edmund Terence Gomez
Author
Edmund Terence Gomez is Professor of Political Economy at the Faculty of Economics and Administration, University of Malaya. Siew Yean Tham is Visiting Senior Fellow at ISEAS-Yusof Ishak, Singapo...

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