Malaysia NAP: More Shadows that Light

Authors

  • Carmelo Ferlito

Keywords:

second-comers, competitive level, technological development

Abstract

After World War II and in particular during the 1960s and the 1970s many developing countries began their industrial revolution path In particular most of them followed a path of government-led industrial development with central planning at the heart of the industrial policy Such a model is not new in economic history and it is typical of many second-comers in the industrialization process The most famous one is the case of Prussia Germany with the Zollverein 1833-34 and after the unification in 1870 it was the government which stimulated the development of a powerful heavy industrial system following what was preached at the time by Friedrich List In particular the key point of List preaching was that second-comers countries need to protect their industrialization process characterized by infant industries from foreign competition According to List once the protected industries reach an adequate competitive level protection should be removed and the national companies should face competition in the market in order to stimulate further technological development Many second-comers countries embraced this model however in most cases they failed to follow the second part of List s recommendations opening to the market in a second stage

How to Cite

Carmelo Ferlito. (2015). Malaysia NAP: More Shadows that Light. Global Journal of Human-Social Science, 15(E5), 13–24. Retrieved from https://socialscienceresearch.org/index.php/GJHSS/article/view/1432

Malaysia NAP: More Shadows that Light

Published

2015-03-15