文章基本信息

标题：Revisiting Privatization and Economic Growth in Malaysia: An Empirical Examination
本地全文：下载
作者：Fong-Woon Lai ; Muhammad Kashif Shad ; Yeong Yoon Chow 等
期刊名称：SHS Web of Conferences
印刷版ISSN：2416-5182
电子版ISSN：2261-2424
出版年度：2018
卷号：56
页码：1-10
DOI：10.1051/shsconf/20185605004
语种：English
出版社：EDP Sciences
摘要：The rapid expansion of the public sector’s investment in the early 1970s and 1980s in Malaysia had resulted in a bloated bureaucracy, inefficiency, high costs and low productivity. The emergence of privatization policy in Malaysia aimed to reduce the financial burden of government, increase the level of efficiency and productivity, increase firm’s revenue, improve the country’s fiscal position and encourage foreign direct investment. Nevertheless, some privatization initiatives are controversial. This paper re- examines the relationship between privatization and economic growth in Malaysia. Two sets of annual macro- economic data from 1984 to 1990 and 2009 to 2015 were used. Descriptive and frequency analysis was used to test the hypothesized relationship between privatization program and its impact on the nation’s macroeconomic benefits namely GDP growth, job creation as well as FDI inflows. By looking at the economic data sets, this paper found that the influence of privatization in Malaysia on economic growth, job creation and foreign direct investment inflow varies.
关键词：Privatization;Economic Growth;FDI inflows;Job Creation