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Asia-Pacific Development Journal

The Asia-Pacific Development Journal (APDJ) is published twice a year by the United Nations Economic and Social Commission for Asia and the Pacific. The primary objective of the APDJ is to provide a platform for the exchange of knowledge, experience, ideas, information and data on all aspects of economic and social development issues and concerns facing the region and aims to stimulate policy debate and assist policy formulation. The APDJ provides a scholarly means for bringing together research work by eminent social scientists and development practitioners from the region and beyond for use by a variety of stakeholders. The Journal aims to stimulate policy debate and assist policy formulation in the region.

English

The future of industrialization in Malaysia under WTO

The objectives of this paper are: (1) to review Malaysia’s commitments and compliance with the WTO agreements thus far, (2) to assess the impact of Malaysia’s commitments to WTO on its industrial development, and (3) to evaluate WTO-consistent policy options that will enable the country to advance its industrialization process. The findings of this paper show that Malaysia has pursued a dual industrialization strategy. While the export-oriented sector has been able to fulfil Malaysia’s commitments to WTO, this has not been the case for the import-substituting sector. Thus, Malaysia’s compliance with its WTO commitments is incomplete and the import-substituting sector will face considerable challenges in its future development.

English

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