ABSTRACT

First published in 1986, the Malaysian economy has grown remarkably since 1970 but despite this poverty is still widespread. This book examines the record of economic development in Malaysia over this period and evaluates the success of the New Economic Policy. In particular it examines the merits of the trusteeship strategy in its aim to eradicate poverty and in socioeconomimc restructuring.

part |14 pages

The Problem of Poverty

chapter 1|12 pages

The Origins of Economic Trusteeship

part |84 pages

Poverty Reproduction Under the NEP

part |55 pages

Wealth Concentration Under the NEP

chapter 5|31 pages

Wealth Concentration Under Trusteeship

Corporate And Human Capital

chapter 6|23 pages

The Social Costs of Trusteeship

Deficits, ‘Distributional Coalitions’ And Quasi-Rents

part |18 pages

Prospects and Alternatives

chapter 7|16 pages

Summing Up

Problems, Prospects and Alternatives