The Malaysian economy is developing fast within the context of increasing globalization. This analysis forms the basis for the formulation of an alternative development strategy, whose aim is producing a caring civil society and enhancing the general welfare of the population while developing the economy.

List of Tables - List of Figures - Acknowledgement - Foreword - Introduction; M.A.Choudhury, U.A.Malik & M.A.Adnan - Malaysia's Economic Performance, An Overview; H.Osman-Rani - Macroeconomic Perspectives of the Malaysian Economy Statistical Appendix; M.Z.Saleh - Microeconomic Approaches to Socioeconomic Development in the Third World; S.Ali & M.A.Adnan - Privatisation as an Instrument for National Policy and Socioeconomic Restructuring; U.A.Malik - A Note on the Ethical Role that Money can Play in Development, the Case of Malaysia; A-G.Ismail - Trade and Regional Integration in the Global Perspectives for Malaysia; M.H.Piei - Political Economy of Development in Malaysia; B.N.Ghosh - Perspectives in Economic Growth and Development with an Application to Malaysia; M.A.Choudhury - Structural Adjustment within Malaysian Agriculture in Response to Rapid Industrialisation. Technical Appendix: Complementarity and Substitution in Structural Shifts; H.M.Alias & M.A.Choudhury - Human Development Through Poverty Alleviation; C.Siwar - Instruments of Participatory Enterprise for Grassroots Development; M.A.Choudhury - Conclusion; M.A.Choudhury, U.A.Malik & M.A.Adnan - Notes and References - Index