Publication:
The Growth of China and India: Implications and Policy Reform Options for Malaysia

Simple item page
dc.contributor.authorIanchovichina, Elena
dc.contributor.authorMartin, Will
dc.date.accessioned2012-03-30T07:34:54Z
dc.date.available2012-03-30T07:34:54Z
dc.date.issued2010
dc.description.abstractThis study explores the trade-related impacts of rapid growth of China and India on the Malaysian economy and evaluates policy options to better position Malaysia to take advantage of these changes. Higher growth in China and India is likely to raise Malaysia's national income and to expand Malaysia's natural resource and agricultural exports, while putting downward pressure on exports from some manufacturing and service sectors. Increases in the quality and variety of exports from China and India are likely to increase substantially the overall gains to Malaysia. The expansion of the natural resource sectors and the contraction of manufacturing and services reflect a Dutch-disease effect that will raise the importance of policies to facilitate adaptation to the changing world economy and improve competitiveness. Most-favoured-nation (MFN) liberalisation would increase welfare, and, by increasing competitiveness, raise output and exports of key industries. Preferential liberalisation with India and completely free trade with China would provide greater market access gains than MFN reform, but neither would be as effective in increasing income as MFN liberalisation, and free trade agreements would lead to greater competitive pressure on many of Malaysia's industries than MFN liberalisation. Increased investments in education and infrastructure could boost manufacturing and services sectors in Malaysia, while improving trade logistics would benefit sectors with high transport costs, including the agricultural and resource-based industries.en
dc.identifier.citationAsian-Pacific Economic Literature
dc.identifier.issn08189935
dc.identifier.urihttps://hdl.handle.net/10986/5862
dc.language.isoEN
dc.relation.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holderWorld Bank
dc.subjectTrade Policy
dc.subjectInternational Trade Organizations F130
dc.subjectCountry and Industry Studies of Trade F140
dc.subjectEconomic Development: Agriculture
dc.subjectNatural Resources
dc.subjectEnergy
dc.subjectEnvironment
dc.subjectOther Primary Products O130
dc.subjectIndustrialization
dc.subjectManufacturing and Service Industries
dc.subjectChoice of Technology O140
dc.subjectInternational Linkages to Development
dc.subjectRole of International Organizations O190
dc.subjectSocialist Systems and Transitional Economies : National Income, Product, and Expenditure
dc.subjectMoney
dc.subjectInflation P240
dc.subjectSocialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330
dc.titleThe Growth of China and India: Implications and Policy Reform Options for Malaysiaen
dc.title.alternativeAsian-Pacific Economic Literatureen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.doctypeJournal Article
okr.externalcontentExternal Content
okr.identifier.externaldocumentum935
okr.journal.nbpages117-141
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.region.countryMalaysia
okr.region.countryChina
okr.region.countryIndia
okr.relation.associatedurlhttp://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1150619&site=ehost-live
okr.relation.associatedurlhttp://www.blackwellpublishing.com/journal.asp?ref=0818-9935
okr.volume24
relation.isAuthorOfPublication814995f9-044c-566a-9355-890a6ac260ae
relation.isAuthorOfPublicationd6af18a6-3a50-5065-99ee-20853402f262
relation.isAuthorOfPublication.latestForDiscoveryd6af18a6-3a50-5065-99ee-20853402f262
Files
Collections
Journal articles published externally