The role of agriculture in Malaysia's economic development

Chong, John Eng Chuan. (1990). The role of agriculture in Malaysia's economic development Honours Thesis, School of Economics, The University of Queensland.

       
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Author Chong, John Eng Chuan.
Thesis Title The role of agriculture in Malaysia's economic development
School, Centre or Institute School of Economics
Institution The University of Queensland
Publication date 1990
Thesis type Honours Thesis
Total pages 122
Language eng
Subjects 14 Economics
Formatted abstract        Agriculture occupies a dominant position in the Malaysian economy. Since the era of British colonial government, agriculture has assumed the important role of being the backbone and driving force behind the strength and success of the Malaysian economy. Agricultural exports such as rubber, oil palm and cocoa are a major source of export earnings and have significantly contributed to the development of the agricultural sector and the economy as a whole. Agriculture is also an important sector because of its food contributions, particularly rice for home consumption. Moreover, the sector continues to be the largest source of employment in the country.

       It is generally accepted that agricultural development can promote the economic development of a developing country in five distinct ways:

       1. by supplying labour to the non-agricultural sectors;
       2. by providing foreign exchange through agricultural exports;
       3. by increasing domestic food supplies;
       4. by increasing the supply of domestic savings and capital formation; and
       5. by providing a market for manufactured goods.

       This study aims to examine the role of agriculture in Malaysia's economic development with special reference to its contribution to foreign exchange earnings and food. It will also evaluate the different policies and strategies adopted to promote development in the agricultural sector and in the economy as a whole. Finally this study will discuss the possible objectives for future agricultural development in Malaysia.

 
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Created: Mon, 29 Nov 2010, 11:43:08 EST by Muhammad Noman Ali on behalf of The University of Queensland Library