Country Analysis Malaysia :: essays papers

Country Analysis MalaysiaMalaysiaA.Brief HistoryIn the first century AD, the Malayan peninsula was prominent in intl trade. Conquered by the Portuguese in 1511, then the Dutch in 1641.The British, who replaced the Dutch in 1795, developed large-scale productions of tin and rubber.The Japanese invaded Malaysia during WWII.Malaysia was formed after negotiating for independence from the British in September 16, 1963.B.Comparative Advantage (Early years up to pre-1980s)Natural Resources/Land-Malaysia has a total land area of 127,320 sq. mi. - abundance of sedimentary rocks such as limestone, shale, sandstone, and conglomerate.-Tin ore was Malaysias most chief(prenominal) resource pre 1980s.-exported raw commodities such as timber, rubber, tin, and palm oil.Human Resources approach to Capital-Government invested on more capital goods -Sources of finances were change magnitude due to the investment on capital, domestic saving, and foreign investments.-In the 1970s, the investment Ince ntive Act aimed to gain more investments to spend on its programs. It alike aimed to get more participation from the Malays.Initial Success in approximately industries-Production of raw materials like tin and rubber-Mining, Petroleum production, pastoral Sector, Forestry and Fishing.C.Role of GovernmentThe head of state is the Yang di-Pertuan Agong (paramount ruler) The Conference of Rulers is formed by the hereditary rulers and appointed heads of the four opposite states. The Cabinet headed by the rosiness Minister exercises executive power. The government finds ways to attract foreign investors, and is energetic in the development of industries.D.Competitive AdvantageIn the Second industrial Master Plan (IMP2), palm oil, rubber, cocoa, and timber were identified as principal(a) commodities.The Third National Agricultural Policy (NAP3), palm oil, rubber, cocoa, and timber convey also been identified as the major contributor to agricultural value-added activities. al-Qaeda maturation- in the form of roads, ports, railways, telecommunications, electricity, and water supply- is crucial for profitable private investment. more than emphasis has been given to the development of commercial agriculture since the 19080s.Petroleum Development Act of 1974 enabled the federal government to get much of the resource rents from oil color and natural gas resources.LoggingMalaysia has the second highest household savings rate. spell out Substitution and Export OrientationE. Economic Indicators (1991-2000)GNP$67 gazillionGDP6% Inflation5.3%Unemployment2.6%National Debt$39.8 billionBudget shortage/ Surplusrevenues $22.6 billionexpenditures $22 billionPopulation22.2 MillionF. Survival schema during the Asean Crisis (1997 2000)Political Problems-On September 1998, Prime Minister Mahathir Mohammad fired Anwar Ibrahim from his charge as Deputy Prime Minister, after being convicted of corruption and other illegal activities.