The first edition of the book was published in 1974, and received a book award for best non-fiction in English presented by the National Book Development Council of Singapore in 1976, while the Second Edition published in 1986, saw much more econometric-statistical analysis. This Third Edition highlights the role of banking and finance in the economic development of Singapore and Malaysia; recent developments in Singapore and Malaysia are analysed; and special topics are presented in Epilogues 1 and 2.

This book gives a brief account of how social and economic changes have an impact on the Singapore education system, bearing in mind that education and national development are closely related. Besides providing a short history of education in Singapore, the book discusses how the New Education System(NES) was implemented, public response to streaming, and the impact of the NES on educational wastage and attainments.

Malaysia's multicultural society supports one of the most dynamic economies in Asia. This completely revised new edition of the standard text, first published twenty years ago, traces the history of the country from early times to the present day. The authors give particular attention to the evolution of Malay polities and their close links with indigenous groups who lived on the oceans and in the deep jungles of the region, from Sumatra to Borneo. This provides the background to the establishment of the Malay port of Melaka, which was conquered by the Portuguese in 1511, foreshadowing the establishment of a British colonial regime in the late nineteenth century. Although the large numbers of Chinese and Indian migrants who arrived to work in the tin and rubber industries contributed to economic expansion, colonial policies did not encourage communal interaction. The authors trace the process by which post-independence leaders in Malaya attempted to counter the legacy of ethnic hostility while answering Malay demands for an affirmation of their rights and a stronger commitment to Islam. The incorporation of the Borneo states of Sarawak and Sabah into the Federation of Malaysia in 1963 rendered the goal of welding a nation from areas that were geographically separated and culturally disparate even more problematic. The intense emotions attached to issues of race were made tragically evident in the racial riots of May 1969, which this book sees as a watershed in modern Malaysian history. As Malaysia enters the twenty-first century, the government is determined to oversee the transition to an economy focused on manufacturing and advanced technology, and to eliminate poverty and the association between occupation and race. While several recent studies deal with the impact of colonial rule and Malaysia's spectacular economic transition, this book is unique because it tracks developments from early times and identifies continuities as well as change. Combining the authors' specialist knowledge of precolonial sources with the most recent contemporary research, this new edition reinforces the position of A History of Malaysia position as a standard reference for all those interested in the historical processes which led to the emergence of this culturally varied and economically energetic country.

Malaysia's rubber manufacturing sector is a prime example of an industry based on a locally produced agricultural resource. In Rubber Manufacturing in Malaysia, C.C. Goldthorpe draws on industrial policy theory along with many years of practical experience to examine the growth of rubber manufacturing in Malaysia. Over the past century, a series of technological discoveries resulted in the worldwide rise of a rubber production industry that manufactures tyres for motor vehicles, engineering components, household gloves and medical products. Goldthorpe argues that the production of rubber goods has played a significant part in the transformation of the country from primary commodity producer to newly industrialized economy, a position he supports by tracing the historical development of rubber-based industrial production and the effects of government policies promoting industrialization. Taken as a whole, the rubber industry is vertically integrated, with locally produced natural and synthetic rubbers used by the rubber manufacturing sector to produce latex products and general rubber goods for export markets.

This book uses the concepts of rent and rent-seeking to study Malaysian political economy.

This book, and its companion, Technology, Competitiveness and the State, examine and evaluate Malaysian industrialization in terms of its experience of and prospects for industrial technology development. The focus is on the development of Malaysia's technological-industrial base from a sector and firm-specific perspective, including the role of foreign multinationals in this process. Industrial Technology Development in Malaysia, provides a valuable analysis of the technological development of a Newly Industrializing Country and reflects on whether existing development strategies can be maintained in the wake of the financial crises sweeping the East Asian economies.