Titlebook: An Economic History of Malaysia, c.1800-1990; The Transition to Mo John H. Drabble Book 2000 Palgrave Macmillan, a division of Macmillan Pu

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https://doi.org/10.1007/978-3-642-49818-3, All and Associates, 1997, xi) have been applied. These suggest that the unquestionably rapid economic growth post-Independence was due to some distinctively new formula discovered by Malaysia, in common with the other countries, collectively referred to as the ‘Asian miracle’.

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The Interwar Years (1920–41)ded periods of slump (1920–22, 1929–32) which revealed substantial excess in supply capacity. However, the situation in the interwar years was not continually adverse. There was a recovery following the 1920–22 downturn, led by the US economy, which created boom conditions in the mid-1920s.

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The Distribution of the Benefits period the performance was relatively modest, surpassed easily in Southeast Asia by Singapore (7.1 per cent) and Thailand (3.8 per cent), with Indonesia and the Philippines only slightly better (2.4 per cent). In the second period, however, only Singapore (6 per cent) and Thailand (5.2 per cent) achieved faster growth (Table 7.2 above).

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The Perspective from History, All and Associates, 1997, xi) have been applied. These suggest that the unquestionably rapid economic growth post-Independence was due to some distinctively new formula discovered by Malaysia, in common with the other countries, collectively referred to as the ‘Asian miracle’.

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Book 2000rvey of the pre-colonial era. A unique feature is that it integrates the historical experiences of Peninsular Malaysia, Sabah and Sarawak as a case study in the onset of modern economic growth. Particular attention is paid to explaining Malaysia‘s signal success in achieving a relatively smooth shif

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