The Commonwealth Economy in Southeast Asia

The Commonwealth Economy in Southeast Asia

The Commonwealth Economy in Southeast Asia

The Commonwealth Economy in Southeast Asia

Excerpt

I am grateful to Duke University for the opportunity first of giving these lectures in the United States and now of presenting them to the public. At the time I was first invited to give them, Malaya was still a protected Federal State, but by the time they were delivered it had become an independent member of the Commonwealth. While they were in press the first full-scale international conference, a meeting of the United Nations Economic Commission for Asia and the Far East, was held on independent Malayan soil. It seemed appropriate that the lectures should deal with Malaya's growth to independent status.

As an economist, I had to deal primarily with the economic aspects of this development; and this implied dealing with the economy of Malaya as a whole, a united economy undergoing marked changes as a result of this political transformation.

It soon became clear that even Malaya was too narrow. The economy of Singapore has many external links, but the links with the three territories . . .

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