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Cellular automata (CA) can be used to study nonlinear endogenous business cycles. This leads to an examination of the classification of business cycles based on Wolfram's four classes of the dynamical behaviour of cellular automata. Following the path set by Zambelli and Goodwin, a study of...
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The primary objective of this paper is to trace the evolution of five-year development plans that have been formulated in Malaysia since the 1950s. Both internal and external factors have influenced the formulation and implementation of these plans. State bureaucracies played a crucial role in...
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Small and medium-sized enterprises (SMEs) account for about 97-99 per cent of total enterprises and 60-80 per cent of total employment in ASEAN countries. The participation of SMEs is thus crucial for achieving greater regional economic integration amongst ASEAN countries. SMEs are, however,...
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The level of outward foreign direct investment (OFDI) flows from ASEAN countries has increased rapidly in the past two decades. This book examines OFDI trends and patterns in the ASEAN region, including the impact of the ASEAN Economic Community. It also provides analyses of country policies...
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