Malaysia's Socioeconomic Challenges - Debating Public Policy Issues

This book analyses Malaysia's ability to respond to the socioeconomic challenges of globalisation. With the commencement of the Asean Free-Trade Area (AFTA) in 2003, the movement towards the formation of Asean +3 (China, Japan and South Korea), and the prospects of some Asean countries establishing free-trade agreements with Australia, New Zealand and the United States, the challenges of greater competition will increase substantially. Furthermore, the rising influent of the Chinese economy will impact adversely on the economies of the region.