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East Asia and Industrial Policy in Malaysia: Lessons for Africa?

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Asian Industrialization and Africa

Part of the book series: International Political Economy Series ((IPES))

Abstract

In 1981, the Prime Minister, Dr Mahathir, declared a policy of ‘Look East’ in Malaysia (Jomo, 1985, p. 312). This was geographically odd. The reference points were Japan, South Korea and Taiwan and yet these could be said to be as much north of Malaysia as east. However, what ‘Look East’ was intended to signify was a reorientation of foreign, trade and industrial policy away from the UK, the old colonial master1, towards Japan and the rapidly-growing newly industrialised economies of East Asia.

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© 1995 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Edwards, C. (1995). East Asia and Industrial Policy in Malaysia: Lessons for Africa?. In: Stein, H. (eds) Asian Industrialization and Africa. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-13178-5_8

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