Back to Basics in Malaysia and Thailand
Author | : Nola Reinhardt |
Publisher | : |
Total Pages | : 0 |
Release | : 2001 |
ISBN-10 | : OCLC:1375965514 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Back to Basics in Malaysia and Thailand written by Nola Reinhardt and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Malaysia and Thailand's remarkable economic growth in recent decades has been widely attributed to rapid growth of their labor-intensive manufactured exports. This paper demonstrates the important role that resource-based products, especially simply processed goods, have played in their export growth. While exports have thus followed their dual static comparative advantage in abundant resources and unskilled labor, there has been limited movement into higher-end exports. A dual strategy of supporting forward linkages into higher value-added resource-based industries while continuing to encourage the development of backward linkages from the non-resource based manufactures is suggested. Keyword(s): Asia, Malaysia, Thailand, exports, growth, resource-based industries.