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Japanese Economic Interests in Malaysia During the Era of Tun Abdul Razak: A Historical Perspective
Current Issue
Volume 3, 2015
Issue 3 (June)
Pages: 69-73   |   Vol. 3, No. 3, June 2015   |   Follow on         
Paper in PDF Downloads: 76   Since Aug. 28, 2015 Views: 2772   Since Aug. 28, 2015
Authors
[1]
Uqbah Iqbal, School of History, Politics and Strategy, Faculty of Social Sciences and Humanities, National University of Malaysia, Bangi, Selangor, Malaysia.
[2]
Nordin Hussin, School of History, Politics and Strategy, Faculty of Social Sciences and Humanities, National University of Malaysia, Bangi, Selangor, Malaysia.
[3]
Ahmad Ali Seman, School of History, Politics and Strategy, Faculty of Social Sciences and Humanities, National University of Malaysia, Bangi, Selangor, Malaysia.
Abstract
This study analyzes the Japanese economic interestes in Malaysia between 1970 to 1976. It is the period of Tun Abdul Razak administration as the second Prime Minister of Malaysia. The method used in this study is based on the method of observation of the resources available at the library and the National Archives of Malaysia. The tenure of Tun Abdul Razak pioneering efforts towards Malaysia's foreign policy that is independent and impartial through diplomatic relations with almost all countries, regardless of ideology. Malaysia and Japan economic relations continued during the administration of Tun Abdul Razak when Japan’s Official Development Assistance (ODA) channelled to Malaysia to finance the bulk of the country's development projects.Japanese are in a good position to assist Malaysia in economic development. This is because it has extensive experience in technology and training. It also has a group of entrepreneurs and industry experience to help the growth of Malaysia, has a market that could absorb export products of the developing world and have resources that can be used to provide assistance to Malaysia. Japanese interest in the economic development of Malaysia can be seen through their contributions over time. The importance of Malaysia to Japan's economic is reflected in the visits from Japan to discuss economic relations between the two countries and exchanged views on the international financial situation.
Keywords
Economics, Japan, Malaysia, Tun Abdul Razak
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