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Catching the Wind: Penang in a Rising Asia
Francis E. Hutchinson
(Ilustrado por)
·
Johan Saravanamuttu
(Ilustrado por)
·
Iseas-Yusof Ishak Institute
· Tapa Blanda
Catching the Wind: Penang in a Rising Asia - Francis E. Hutchinson
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Reseña del libro "Catching the Wind: Penang in a Rising Asia"
However impressive the economic success of Penang has been over the past four decades, structural conditions in the region call for a fundamental reconfiguration of this Malaysian state's competitive advantage. In the 1970s, the ageing entrepôt transformed itself into a manufacturing hub for the electronics industry and a well-known tourist site. This outward-looking model of economic growth has underpinned Penang's economic development up until the present. The question that now arises is whether Penang's present mode of development will continue to be effective, or whether it will have to transform itself.
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