Month: May 2008

his paper analyses Malaysian experiences in managing ethnic “imbalances”—between the “indigenous community” and “immigrant communities”—that created formidable barriers to non-divisive interethnic relations. Part I gives an overview of the formation of a plural society and an ethnic division of labour. Part II focuses on the public sector’s use of the New Economic Policy (NEP) to … Read more

To study the development of corporate Malaysia, it is necessary to analyze how the Malaysian state has influenced its economy, especially in regard to the development of large firms. In particular, the state’s control of the financial sector has helped it promote both the rise of big business groups and encourage more generally the development … Read more

Author: Terenze Gomez. Why the continuing fixation with numbers when many Malaysians, among them even members of BN component parties, have questioned the veracity of these government-released ownership figures? Even if Bumiputera equity ownership is increased to 30%, would this mean that wealth has been more equitably distributed among members of this community or between … Read more

Author: Terenze Gomez. The chapter focuses on two key but related issues. First, it provides a brief theoretical discussion on the evolution of business partnerships. Second, through an analytical tracing of the historical evolution of interethnic business relations in Malaysia, it offers some insights about the evolving nature of these inter-ethnic business ties, brought about … Read more

Author: Azly Rahman. Abstract: The New Economic Policy (NEP) owes it genesis to a vision that sought to redistribute wealth among Malaysia’s races and create a Malay middle class. Today, there are a significant number who believe that most of the benefits have gone to upper and upper-middle class Malays. As a whole, a vast … Read more