Description |
1 online resource (27 pages) |
Series |
IMF working paper, 1018-5941 ; WP/15/131 |
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IMF working paper ; WP/15/131.
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Contents |
Cover; Contents; I. Introduction; II. The Middle-Income Trap: Malaysia in Perspective; Figures; Figure 1. GDP per capita relative to the US (2005 PPP), 1970 vs. 2010; Figure 2. Malaysia, Korea, and Taiwan Province of China: GDP per capita (2005 PPP), 1970-2010; Figure 3. Malaysia, Chile, and Thailand: GDP per capita (2005 PPP), 1970-2010; III. The Missing Link: Creating Own Technology; Figure 4. Malaysia, Korea, and Taiwan Province of China: TFP (1970=100), 1970-2010; Figure 5. Malaysia, Chile, and Thailand: TFP (1970=100), 1970-2010; Figure 6. Manufacturing Output per Worker, 1975-2005 |
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Figure 7. Goods Export Sophistication (Constant 2000 PPP), 1976-2006Figure 8. Average Years of Schooling; Figure 9. US Patents Granted, 1977-2013; Figure 10. R & D Spending, 1996 vs. 2011; IV. Creating Own Technology: In the Footsteps of Taiwan Province of China and Korea; V. Toward a High Productivity and High Linkages Economy; VI. Concluding Remarks; References |
Summary |
"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. The authors 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."--Abstract |
Notes |
"June 2015." |
Subject |
Economic development -- Malaysia
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Exports -- Malaysia
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Industrial productivity -- Malaysia
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Technological innovations -- Malaysia
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Economic development
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Economic history
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Exports
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Industrial productivity
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Technological innovations
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SUBJECT |
Malaysia -- Economic conditions
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Subject |
Malaysia
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Form |
Electronic book
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Author |
Hasanov, Fuad, author
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International Monetary Fund. Institute for Capacity Development.
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International Monetary Fund. Asia and Pacific Department.
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ISBN |
9781513534527 |
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1513534521 |
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1513556010 |
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9781513556017 |
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9781513590738 |
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1513590731 |
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1513546236 |
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9781513546230 |
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