Trade Liberalization and Environment: Malaysian Development Strategy, Policy & Experience

38 Pages Posted: 13 Sep 2007

See all articles by Abul Quasem Al-Amin

Abul Quasem Al-Amin

​Universiti Tenaga Nasional (UNITEN)

Chamhuri Siwar

National University of Malaysia (UKM)

Abdul Hamid Jaafar

National University of Malaysia

Date Written: September 13, 2007

Abstract

Malaysian trade has been traced since the period of 1947 and she experienced great instability in its export earning due to the high degree of trade dependence in that time period. However this crisis eliminated and the economic development emerged when the government decided to diversify the economy and embarked on an active policy of 'Import Substitution' in the 1970s. Following these policies Malaysian economy maintained sustained growth from 1970 to so far with the exception of the brief recession in the mid 1980s and 1997 financial crisis period and the sustained growth occurred within the framework of a liberal trade and investment regime as well as the extensive industrial policies. This paper studies the globalization process such as trade liberalization in the Malaysian economy and Malaysian environmental policies, environmental motivations toward sustainability from 1947 to 2005. Doing so, we extensively study various issues of Malaysia such as transition of Malaysian economy of pre and post industrial stage, trade liberalization policies that enhanced the trade liberalization, energy demand and air emission and Malaysian environmental policies of sustainability for 2020. Input-Output analytical model also used in this study to quantify the scenario emission estimation for 2020. In addition we also study various environmental legislations and rules, several agreements of Malaysia such as Montreal Protocol, Basel Convention, and Kyoto Protocol toward sustainable development.

Keywords: Trade, Trade Policy, Energy Demand, Environment, Malaysian Economy

JEL Classification: F10, F19, N5, N7

Suggested Citation

Al-Amin, Abul Quasem and Siwar, Chamhuri and Jaafar, Abdul Hamid, Trade Liberalization and Environment: Malaysian Development Strategy, Policy & Experience (September 13, 2007). Available at SSRN: https://ssrn.com/abstract=1014314 or http://dx.doi.org/10.2139/ssrn.1014314

Abul Quasem Al-Amin (Contact Author)

​Universiti Tenaga Nasional (UNITEN)

​Institute of Energy Policy and Research (IEPRe)
JALAN IKRAM
KAJANG, 43000
Malaysia
389212383 (Phone)

Chamhuri Siwar

National University of Malaysia (UKM) ( email )

43600 Bandar Baru Bangi
Bangi, Selangor
Malaysia

Abdul Hamid Jaafar

National University of Malaysia ( email )

43600 Bandar Baru Bangi
Bangi, Selangor 06010
Malaysia

HOME PAGE: http://www.ukm.my

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