Liberalisation of services in malaysia: is malaysian professionals ready to compete?

In 2012, the Malaysian Government announced liberalisation of 27 services sectors, including selected professional services. This announcement came as a surprise to the industry players because they have been protected all these while and that it came unexpectedly too soon. This paper intends to inv...

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Main Author:	Alavi, Rokiah
Format:	Article
Language:	English English
Published:	The Centre for WTO Studies 2015
Subjects:	HC79 Special topics. Including air pollution, consumer demands,famines, flow of fund etc
Online Access:	http://irep.iium.edu.my/48254/ http://irep.iium.edu.my/48254/2/JIT_2015_Rokiah_Alavi.docx http://irep.iium.edu.my/48254/3/JIT_2015_Rokiah_Alavi.pdf

id	iium-48254
recordtype	eprints
spelling	iium-482542016-01-28T13:58:16Z http://irep.iium.edu.my/48254/ Liberalisation of services in malaysia: is malaysian professionals ready to compete? Alavi, Rokiah HC79 Special topics. Including air pollution, consumer demands,famines, flow of fund etc In 2012, the Malaysian Government announced liberalisation of 27 services sectors, including selected professional services. This announcement came as a surprise to the industry players because they have been protected all these while and that it came unexpectedly too soon. This paper intends to investigate the level of awareness and the readiness of professional service providers in Malaysia in facing greater competition as a result of liberalisation of the sector. A case study was done on consultant engineers in Malaysia using survey and questionnaire research methods. The findings show that though majority of the respondents are aware of the liberalisation announcements, they have low level of understanding on the actual implications of liberalisation exercise. It is also found that consultant engineers in Malaysia are highly domestic oriented and many of them lack confidence in seizing opportunities created by greater market access in overseas market. The findings of this study also confirms that regulatory reforms and liberalisation initiatives can only be effective in achieving the intended objectives when the government and stakeholders have in-depth understanding of the industry at the sectoral and disaggregated levels, and have appropriate knowledge of the industry’s competitive strengths, weaknesses and opportunities. It is also important for the policy makers to identify the market failures that impede the progress and competitiveness of service providers, thus the call for informed policy interventions. The Centre for WTO Studies 2015 Article PeerReviewed application/pdf en http://irep.iium.edu.my/48254/2/JIT_2015_Rokiah_Alavi.docx application/pdf en http://irep.iium.edu.my/48254/3/JIT_2015_Rokiah_Alavi.pdf Alavi, Rokiah (2015) Liberalisation of services in malaysia: is malaysian professionals ready to compete? Journal of International Trade, 1 (2). (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HC79 Special topics. Including air pollution, consumer demands,famines, flow of fund etc
spellingShingle	HC79 Special topics. Including air pollution, consumer demands,famines, flow of fund etc Alavi, Rokiah Liberalisation of services in malaysia: is malaysian professionals ready to compete?
description	In 2012, the Malaysian Government announced liberalisation of 27 services sectors, including selected professional services. This announcement came as a surprise to the industry players because they have been protected all these while and that it came unexpectedly too soon. This paper intends to investigate the level of awareness and the readiness of professional service providers in Malaysia in facing greater competition as a result of liberalisation of the sector. A case study was done on consultant engineers in Malaysia using survey and questionnaire research methods. The findings show that though majority of the respondents are aware of the liberalisation announcements, they have low level of understanding on the actual implications of liberalisation exercise. It is also found that consultant engineers in Malaysia are highly domestic oriented and many of them lack confidence in seizing opportunities created by greater market access in overseas market. The findings of this study also confirms that regulatory reforms and liberalisation initiatives can only be effective in achieving the intended objectives when the government and stakeholders have in-depth understanding of the industry at the sectoral and disaggregated levels, and have appropriate knowledge of the industry’s competitive strengths, weaknesses and opportunities. It is also important for the policy makers to identify the market failures that impede the progress and competitiveness of service providers, thus the call for informed policy interventions.
format	Article
author	Alavi, Rokiah
author_facet	Alavi, Rokiah
author_sort	Alavi, Rokiah
title	Liberalisation of services in malaysia: is malaysian professionals ready to compete?
title_short	Liberalisation of services in malaysia: is malaysian professionals ready to compete?
title_full	Liberalisation of services in malaysia: is malaysian professionals ready to compete?
title_fullStr	Liberalisation of services in malaysia: is malaysian professionals ready to compete?
title_full_unstemmed	Liberalisation of services in malaysia: is malaysian professionals ready to compete?
title_sort	liberalisation of services in malaysia: is malaysian professionals ready to compete?
publisher	The Centre for WTO Studies
publishDate	2015
url	http://irep.iium.edu.my/48254/ http://irep.iium.edu.my/48254/2/JIT_2015_Rokiah_Alavi.docx http://irep.iium.edu.my/48254/3/JIT_2015_Rokiah_Alavi.pdf
first_indexed	2023-09-18T21:08:29Z
last_indexed	2023-09-18T21:08:29Z
_version_	1777411093568684032

Liberalisation of services in malaysia: is malaysian professionals ready to compete?

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