The contribution of cooperative law to economic development in Malaysia

Nazura Abdul Manap, Pardis Moslemzadeh Tehrani

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

Since the cooperative movement was first introduced in Malaysia approximately eighty five years ago, there is no doubt that it has had a positive impact on Malaysia's economic development. The characteristic of being community-centered and catering to those most vulnerable to economic vagaries has rendered cooperatives as valuable institutions in promoting agricultural development and trade, the creation of employment opportunities and in advancing the social and economic positions of societies in general. This paper evaluates the policies of cooperatives and their programs and performances in boosting the economy of Malaysia as well as investigates the function of cooperative societies in the growth of economic development. It concludes by stating that to be effective and successful, cooperative institutions must adhere to the principles and precepts provided for by the government as in the Cooperatives Societies Act 1993.

Original languageEnglish
Pages (from-to)283-290
Number of pages8
JournalAsian Social Science
Volume10
Issue number15
DOIs
Publication statusPublished - 29 Jul 2014

Fingerprint

Malaysia
Law
economics
society
agricultural development
employment opportunity
act
economy
Economic development
Economic Development
community
performance
Economics
Co-operative societies
Agricultural development
Agricultural trade
Government
Boosting
Community Center
Precepts

Keywords

  • Challenges
  • Cooperative law
  • Cooperative legislation
  • Cooperative organizations
  • Economic development

ASJC Scopus subject areas

  • Social Sciences(all)
  • Arts and Humanities(all)
  • Economics, Econometrics and Finance(all)

Cite this

The contribution of cooperative law to economic development in Malaysia. / Abdul Manap, Nazura; Tehrani, Pardis Moslemzadeh.

In: Asian Social Science, Vol. 10, No. 15, 29.07.2014, p. 283-290.

Research output: Contribution to journalArticle

Abdul Manap, Nazura ; Tehrani, Pardis Moslemzadeh. / The contribution of cooperative law to economic development in Malaysia. In: Asian Social Science. 2014 ; Vol. 10, No. 15. pp. 283-290.
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