This study examines the development and evolution of Malaysian agricultural pricing policies in relation to rubber, oil palm, and paddy for the period 1960 to 1983. Particular emphasis is placed on tracing the political pressures that generated and sustained these policies. The magnitude of...

In this review of the proposed procedures for social cost benefit analysis I have taken as the principal references two recent World Bank publications on this subject, L. Squire and Herman G. van der Tak, Economic Analysis of Projects, The Johns’ Hopkins University Press, 1975; and Colin Bruce,...

Despite the belief that single-cropping padi farmers constitute one of the very poorest groups in Peninsular Malaysia, little is known in detail about the level and sources of income of this group, or about the determinants of this income. Such knowledge is of considerable practical importance,...

The industrial public enterprise sector plays an important role in the economies of developing countries. It spans a whole variety of industries from petrochemicals to textiles. It has produced over 50 per cent of industrial output in countries such as Egypt, Somalia or the United Republic of...

The purpose of this paper is to study the impact of real income growth on the consumption of rice in Peninsular Malaysia from 1972 until 1983. A forecast of rice self-sufficiency is man-made for the years 1985-1990.

Malaysia, a country of approximately 16 million people which gained independence in 1957, relied heavily on trade to achieve substantial growth in GNP during the 1960s (6.7 percent per year) and 1970s (10.5 percent per year). In the period 1980-83, however, the rate slipped to 3.1 percent per...

Since 1960 Malaysia has become a highly efficient producer of natural rubber, thanks to its agricultural and trade policies. The primary purpose of these policies has been to maintain political and economic balance. Consequently, Malaysia’s leaders have concentrated on modifying agricultural...