State-Societal Relations in a Rapidly Growing Economy: the Case of Malaysia, 1970–97

  • Francis Kok-Wah Loh
Part of the International Political Economy Series book series (IPES)


Malaysia has experienced impressive economic growth over the past 25 years. During the first part of this growth, from 1970 to 1985, the state played a crucial role in the economy. Following a short but severe recession in the mid-1980s the state’s involvement in the economy was curbed. A series of policies deregulating and privatizing the economy were introduced instead. Liberalization of the economy promoted the necessary adjustments and resulted in unprecedented rates of growth through the late 1980s and 1990s.


Market Reform Opposition Parti Political Ferment Privatization Project Financial Scandal 
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Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 2000

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  • Francis Kok-Wah Loh

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