Malaysia is undoubtedly a development success story. Over the past decade or so rapid economic growth through export-led industrialisation has been accompanied by rising living standards and improvement in the distribution of income, ameliorating the twin problems of poverty and racial...

Global production sharing - the breakup of a production process into vertically separated stages that are carried out in different countries - has become one of the defining characteristics of world trade over the past few decades. Any analysis of trade patterns or its determinants that ignores...