Positioning Malaysia in the realm of global uncertainty: analysing its concern and struggles of Pakatan Harapan government. Journal of International Studies, 16. pp. 159-182. ISSN 2289-666X (2020)
Abstract
The US-China trade war has shackled the political, economic and social landscapes of many nations globally at varying degrees. While trade talks are still ongoing and President Trump has hinted at the possibility of an interim agreement, the prospects of an agreement between the two sides on a comprehensive US-China trade deal in the near-term remains uncertain. Several factors have placed Malaysia to be in a favorable position. One of these factors is that Malaysia continues to be an important geopolitical trading route. In addition to being considered an integral component to the production house of the global supply chain for finished products, Malaysia’s economy is highly dependent on the movement of goods and global currency. Furthermore, Malaysia is also predominantly reliant on its trades with China. It is suggested that the trade protectionism in the U.S. has resulted into a slowdown of China’s growth, whereby this has created a domino effect on the Malaysian economy. Moreover, the economic prospects of many countries have worsened due to the COVID-19 pandemic, which has led to a shutdown of major operations around the world that has disrupted global supply chains.
| Item Type: | Article |
|---|---|
| Keywords: | Public policy, International political economy, Globalization, Change in continuity, US-China trade war, Geo-economy, Industry relations |
| Taxonomy: | By Subject > Administrative Science & Policy Studies > Administrative Science By Subject > Administrative Science & Policy Studies > Policy Studies |
| Local Content Hub: | Subjects > Administrative Science & Policy Studies |
| Depositing User: | Muslim Ismail @ Ahmad |
| Date Deposited: | 18 Feb 2022 23:43 |
| Last Modified: | 22 Feb 2022 02:26 |
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