Institutions and Industrial Development in Sabah
Industrialisation has been and continues to be lynchpin to modernise a state economy. Here, configuration of industrial policy is central in expanding and diversifying the downstream activities. Coherent industrial policy implementation depends upon the role of institutions that shape and facilit...
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| Main Authors: | , , , , |
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| Format: | Article |
| Language: | en |
| Published: |
2022
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/41506/1/Arnold%2C%20Puyok.pdf http://ir.unimas.my/id/eprint/41506/ |
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| Summary: | Industrialisation has been and continues to be lynchpin to modernise a state
economy. Here, configuration of industrial policy is central in expanding and diversifying the
downstream activities. Coherent industrial policy implementation depends upon the role of
institutions that shape and facilitate elite policy makers in configuring and defining policy
priority. It is important to note that institutions for every state differs significantly, this is due
to the historical specificity, political events, norms that formed institutions. The institutional
settings can condition policy actor defines interest and priority differently. In the case of Sabah,
although the state is rich in resources, the implementation of industrial policy seems to be little
success. The existing state’s economic structure does not support the expansion of downstream
industry. The state continues to focus on resource extraction activities instead of moving up the
value chain in the industrial sectors. This structural deficiency can be attributed to ineffective
institutions which hinder coherent industrial policy implementation. Given the limited
industrial development and policy-implementation gap, the state has fallen behind in many
aspects of economic development. |
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