When Economic Growth Rhymes with Social Development: The Malaysia Experience

This article examines the means by which Malaysian governments have been relatively successful in pursuing both economic development and social equity. These advances have been remarkable, given Malaysia’s history of colonial servitude and racial and ethnic tensions. The authors’ examination of gove...

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Bibliographic Details
Authors: Naguib, Rabia (Author) ; Smucker, Joseph (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 2009
In: Journal of business ethics
Year: 2009, Volume: 89, Issue: 2, Pages: 99-113
Further subjects:B National development
B social equity
B Malaysia
B Poverty Alleviation
Online Access: Volltext (lizenzpflichtig)
Description
Summary:This article examines the means by which Malaysian governments have been relatively successful in pursuing both economic development and social equity. These advances have been remarkable, given Malaysia’s history of colonial servitude and racial and ethnic tensions. The authors’ examination of government economic and social policies notes the importance of strong political leadership that is committed to creating a national identity through consensus building. In pursuing these social objectives, successive governments have also played an active and transparent role in fostering economic growth and development. However, a number of problems remain as Malaysia continues to follow these social and economic policies.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-010-0369-5