The impact of maritime trade liberalization and economic integration to Malaysia

Malaysian maritime trade sector is very much liberalized with 80 percent of Malaysian goods and cargoes being shipped to Malaysia using foreign ships. With regional liberalization of trade and services being top on ASEAN agenda, steps are being taken to further liberalize trade and services sectors....

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Main Author:	Zul Kepli, Mohd Yazid
Format:	Article
Language:	English
Published:	Transstellar Journal Publications and Research Consultancy Private Limited (TJPRC) 2016
Subjects:	HF Commerce HG Finance K Law (General)
Online Access:	http://irep.iium.edu.my/54202/ http://irep.iium.edu.my/54202/ http://irep.iium.edu.my/54202/1/THE%20IMPACT%20OF%20MARITIME%20TRADE.pdf

id	iium-54202
recordtype	eprints
spelling	iium-542022017-01-26T01:48:30Z http://irep.iium.edu.my/54202/ The impact of maritime trade liberalization and economic integration to Malaysia Zul Kepli, Mohd Yazid HF Commerce HG Finance K Law (General) Malaysian maritime trade sector is very much liberalized with 80 percent of Malaysian goods and cargoes being shipped to Malaysia using foreign ships. With regional liberalization of trade and services being top on ASEAN agenda, steps are being taken to further liberalize trade and services sectors. This article explores the maritime logistic industry in Malaysia and analyzes how the liberalization of maritime trade, and now, ASEAN economic integration, impacts on the conduct, structure and performance of its maritime trade sector. The benefits of regional liberalization of trade must be balanced with effective policies and meticulous implementation to protect the interest of all parties: foreign and domestic. Unmonitored and unregulated liberalization will be harmful to both society and economy. However, bias and ineffective protectionism can bring even more harm. This paper starts with a background analysis and is followed by an examination on the challenges and issues associated with liberalization of the maritime trade sector. Suggestions and recommendations to strengthen the maritime trade sector during and post liberalization are also included. Transstellar Journal Publications and Research Consultancy Private Limited (TJPRC) 2016-12 Article PeerReviewed application/pdf en cc_by_nd http://irep.iium.edu.my/54202/1/THE%20IMPACT%20OF%20MARITIME%20TRADE.pdf Zul Kepli, Mohd Yazid (2016) The impact of maritime trade liberalization and economic integration to Malaysia. International Journal of Economics, Commerce and Research, 6 (6). pp. 15-26. ISSN 2250-0006 E-ISSN 2319-4472 http://www.tjprc.org/view-archives.php?year=2016_98_2&id=41&jtype=2&page=2
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HF Commerce HG Finance K Law (General)
spellingShingle	HF Commerce HG Finance K Law (General) Zul Kepli, Mohd Yazid The impact of maritime trade liberalization and economic integration to Malaysia
description	Malaysian maritime trade sector is very much liberalized with 80 percent of Malaysian goods and cargoes being shipped to Malaysia using foreign ships. With regional liberalization of trade and services being top on ASEAN agenda, steps are being taken to further liberalize trade and services sectors. This article explores the maritime logistic industry in Malaysia and analyzes how the liberalization of maritime trade, and now, ASEAN economic integration, impacts on the conduct, structure and performance of its maritime trade sector. The benefits of regional liberalization of trade must be balanced with effective policies and meticulous implementation to protect the interest of all parties: foreign and domestic. Unmonitored and unregulated liberalization will be harmful to both society and economy. However, bias and ineffective protectionism can bring even more harm. This paper starts with a background analysis and is followed by an examination on the challenges and issues associated with liberalization of the maritime trade sector. Suggestions and recommendations to strengthen the maritime trade sector during and post liberalization are also included.
format	Article
author	Zul Kepli, Mohd Yazid
author_facet	Zul Kepli, Mohd Yazid
author_sort	Zul Kepli, Mohd Yazid
title	The impact of maritime trade liberalization and economic integration to Malaysia
title_short	The impact of maritime trade liberalization and economic integration to Malaysia
title_full	The impact of maritime trade liberalization and economic integration to Malaysia
title_fullStr	The impact of maritime trade liberalization and economic integration to Malaysia
title_full_unstemmed	The impact of maritime trade liberalization and economic integration to Malaysia
title_sort	impact of maritime trade liberalization and economic integration to malaysia
publisher	Transstellar Journal Publications and Research Consultancy Private Limited (TJPRC)
publishDate	2016
url	http://irep.iium.edu.my/54202/ http://irep.iium.edu.my/54202/ http://irep.iium.edu.my/54202/1/THE%20IMPACT%20OF%20MARITIME%20TRADE.pdf
first_indexed	2023-09-18T21:16:41Z
last_indexed	2023-09-18T21:16:41Z
_version_	1777411609679888384

The impact of maritime trade liberalization and economic integration to Malaysia

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