Globalization: Perak's Rise, Relative Decline, and Regeneration

Written by Sultan Nazrin Shah - the author of the highly acclaimed works Charting the Economy and Striving for Inclusive Development - this book is a pioneering study of the many economic and social changes in the natural resource-rich Malaysian state of Perak over the last two centuries.When globalization first took hold and international trade networks broadened and deepened in the first half of the 19th century, and a new capitalist world order emerged in the second, Perak was a key player.Its tin was in high demand in Western industrializing countries and foreign capital, labour, and technology propelled it forward.By 1900, Perak accounted for almost half of Malaya's tin output and a staggering quarter of world output, with its prosperity making it the Malay peninsula's commercial hub.Likewise, during the global rubber boom that began in the early 20th century as cars were mass produced for the first time, Perak was the largest rubber-producing state in the peninsula.This book brin