Lessons in Sustainable Development from Malaysia and Indonesia

Sustainable Development in Malaysia and Indonesia examines a range of topics pertaining to sustainable development in the two countries. While Indonesia and Malaysia are geographically close, Indonesia lags behind Malaysia in terms of well-being, with a lack of social services, and economic indicators, as GDP per capita is lower than that in Malaysia. Environmental problems are similar, since both possess large amounts of biodiversity and natural resources. Hsu and Perry provide a concise overview of sustainable development in the nations, make policy recommendations for each country, and discuss sustainable development experiments in both countries.

Sara Hsu is Assistant Professor of Economics at the State University of New York at New Paltz, USA. Hsu specializes in Chinese economic development, informal finance, and shadow banking. She has published one of the only English language books on the topic of Chinese informal finance, entitled Informal Finance in China: American and Chinese Perspectives, as well as one of the only Chinese-language books on Chinese shadow banking. Nathan Perry is Assistant Professor of Economics at Colorado Mesa University, USA. Perry earned his PhD from the University of Utah and his BA from Westminster College in Salt Lake City, Utah, USA. Perry specializes in money and banking and inflation issues (the Great Moderation), economic history (the Great Depression), and institutions in economic development.

Introduction 1. Theoretical Framework 2. Sustainable Development in Malaysia and Indonesia 3. Sustainable Development Programs and Experiments 4. Directions for Future Study Conclusion