Three decades of the Malaysian common market : Appraisal, overview and future directions / Wee Chong Hui … [et al.]

Wee, Chong Hui and Amin, Nicholas (1999) Three decades of the Malaysian common market : Appraisal, overview and future directions / Wee Chong Hui … [et al.]. [Research Reports] (Unpublished)

Abstract

Malaysia is trade dependent. It has been enjoying trade surpluses since 1963. However, its terms of trade has been deteriorating from the seventies. Malaysia's dynamic
manufacturing sector has contributed the bulk of export earnings. Nonetheless, the manufacturing sector is narrow-based and Malaysia is over-dependent on the electrical
and electronic sub-sector. Malaysia imports of capital and intermediate goods are also substantial, resulting in low value addition. Tariff protection has encouraged import substituting industries. Nevertheless, consumers
mers have borne higher prices of protected products. The heavy industries may require restructuring in order to increase competitiveness, particularly with the abolition of tariffs under WTO agreements.

Metadata

Item Type: Research Reports
Creators:
Creators
Email / ID Num.
Wee, Chong Hui
UNSPECIFIED
Amin, Nicholas
UNSPECIFIED
Subjects: H Social Sciences > HB Economic Theory. Demography
H Social Sciences > H Social Sciences (General) > Research
Divisions: Universiti Teknologi MARA, Shah Alam > Research Management Centre (RMC) > Institute of Research, Development and Commercialization (IRDC) > Bureau of Research and Consultancy
Keywords: Malaysia , market , trade dependen , Tariff
Date: August 1999
URI: https://ir.uitm.edu.my/id/eprint/45670
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