This paper examines in a comparative context the determinants of foreign direct investment in Kenya and Malaysia as well as its impact on economic growth in order to inform policy debates. Kenya in the recent past has committed itself to emulating the development experiences of Malaysia in order...

This paper examines the changing role of government and foreign firms in Malaysia’s industrialization process. Economists have held different views of the role of government in industrialization. Some believed that the developing world was full of market failures and the only way in which poor...