Abstract
Purpose: The purpose of this paper is to examine the dynamics of Malaysia's new economic model (NEM) formulated to achieve Malaysia's aspiration to become a high-income nation by 2020. Based on that analysis, the paper seeks to identify areas of research that could profitably be pursued to further the aims and implementation of the NEM. Such identification of research areas would ensure that research and development efforts are aligned to the accomplishment of national growth objectives in tune with the nation's Vision 2020 as well as spearhead development in other developing countries that wish to emulate Malaysia's model. Design/methodology/approach: The paper adopts a combination of descriptive and analytical methods. Interviews with selected high-level officials directly involved in the formulation and implementation of the NEM and secondary data and information inform this study. Findings: Although Malaysia has done well in socio-economic development, it is now striving hard to get out of the middle-income trap to become a high-income nation by 2020. The paper identifies a scholarly research agenda that will find solutions to the many challenges that Malaysia and other developing countries confront in breaking out of the middle-income trap. Practical implications: Practitioners will obtain a better appreciation of the strategies that they have to undertake to accelerate economic growth. Research implications: The issues identified in the paper and the research agenda proposed should aid policy makers, practitioners and academics in carrying out research and development efforts that could aid developing countries formulate strategies to accelerate the development process. Originality/value: The paper adds to the limited knowledge on the research that has to be conducted in effectively implementing the Malaysian NEM and accelerating the growth path of the emerging economies.
| Original language | English |
|---|---|
| Pages (from-to) | 231-243 |
| Number of pages | 13 |
| Journal | International Journal of Public Sector Management |
| Volume | 25 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - Mar 2012 |
| Externally published | Yes |
Fingerprint
Keywords
- Competitive strategy
- Economic growth
- Economic reform strategies
- Malaysia
- Malaysian economic management
- Policy management
- Research and development
ASJC Scopus subject areas
- Geography, Planning and Development
- Political Science and International Relations
- Management, Monitoring, Policy and Law
- Public Administration
Cite this
Proposed scholarly research agenda for transforming Malaysia into a model developing nation. / Xavier, John Antony; Ahmad, Zafar U.
In: International Journal of Public Sector Management, Vol. 25, No. 3, 03.2012, p. 231-243.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Proposed scholarly research agenda for transforming Malaysia into a model developing nation
AU - Xavier, John Antony
AU - Ahmad, Zafar U.
PY - 2012/3
Y1 - 2012/3
N2 - Purpose: The purpose of this paper is to examine the dynamics of Malaysia's new economic model (NEM) formulated to achieve Malaysia's aspiration to become a high-income nation by 2020. Based on that analysis, the paper seeks to identify areas of research that could profitably be pursued to further the aims and implementation of the NEM. Such identification of research areas would ensure that research and development efforts are aligned to the accomplishment of national growth objectives in tune with the nation's Vision 2020 as well as spearhead development in other developing countries that wish to emulate Malaysia's model. Design/methodology/approach: The paper adopts a combination of descriptive and analytical methods. Interviews with selected high-level officials directly involved in the formulation and implementation of the NEM and secondary data and information inform this study. Findings: Although Malaysia has done well in socio-economic development, it is now striving hard to get out of the middle-income trap to become a high-income nation by 2020. The paper identifies a scholarly research agenda that will find solutions to the many challenges that Malaysia and other developing countries confront in breaking out of the middle-income trap. Practical implications: Practitioners will obtain a better appreciation of the strategies that they have to undertake to accelerate economic growth. Research implications: The issues identified in the paper and the research agenda proposed should aid policy makers, practitioners and academics in carrying out research and development efforts that could aid developing countries formulate strategies to accelerate the development process. Originality/value: The paper adds to the limited knowledge on the research that has to be conducted in effectively implementing the Malaysian NEM and accelerating the growth path of the emerging economies.
AB - Purpose: The purpose of this paper is to examine the dynamics of Malaysia's new economic model (NEM) formulated to achieve Malaysia's aspiration to become a high-income nation by 2020. Based on that analysis, the paper seeks to identify areas of research that could profitably be pursued to further the aims and implementation of the NEM. Such identification of research areas would ensure that research and development efforts are aligned to the accomplishment of national growth objectives in tune with the nation's Vision 2020 as well as spearhead development in other developing countries that wish to emulate Malaysia's model. Design/methodology/approach: The paper adopts a combination of descriptive and analytical methods. Interviews with selected high-level officials directly involved in the formulation and implementation of the NEM and secondary data and information inform this study. Findings: Although Malaysia has done well in socio-economic development, it is now striving hard to get out of the middle-income trap to become a high-income nation by 2020. The paper identifies a scholarly research agenda that will find solutions to the many challenges that Malaysia and other developing countries confront in breaking out of the middle-income trap. Practical implications: Practitioners will obtain a better appreciation of the strategies that they have to undertake to accelerate economic growth. Research implications: The issues identified in the paper and the research agenda proposed should aid policy makers, practitioners and academics in carrying out research and development efforts that could aid developing countries formulate strategies to accelerate the development process. Originality/value: The paper adds to the limited knowledge on the research that has to be conducted in effectively implementing the Malaysian NEM and accelerating the growth path of the emerging economies.
KW - Competitive strategy
KW - Economic growth
KW - Economic reform strategies
KW - Malaysia
KW - Malaysian economic management
KW - Policy management
KW - Research and development
UR - http://www.scopus.com/inward/record.url?scp=84858833243&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84858833243&partnerID=8YFLogxK
U2 - 10.1108/09513551211226548
DO - 10.1108/09513551211226548
M3 - Article
VL - 25
SP - 231
EP - 243
JO - International Journal of Public Sector Management
JF - International Journal of Public Sector Management
SN - 0951-3558
IS - 3
ER -