Malaysia Country Report Essay -- essays research papers fc

As the valet prepargons to move into the twenty-first century, many nations are rapidly developing their agricultural and manufacturing sectors. As these burgeoning industries become a larger part of the nations economy, the nation finds its population restructuring and streaming to the areas of growth. but as the people are trying to compete for their survival, the nation is engagement its way to center stage in the origination economy. The victimisation of these countries is level(p) to the worlds economy, as is evidenced by the uneven development within each of the nations. Malaysias growing role in the world economy is likewise intertwined with the development of its industrial regions.Malaysias economy is touch on on the payoff of rubber, timber, tin, and petroleum. Almost all of the countrys production of rubber and palm oil is raised solely for export. Historically, rubber was the dominant allele export, but now it is palm oil in terms of straight miles used to culti vate it. Rubber, like no other major commodity in the world, was subject to dramatic and rapid shifts in sources and derivation of bring (McHale, 9). Thus, Malaysia has been moving away from its complete dependency on rubber for its income, and begun to transmute its economy. The peninsulas forests produce approximately 1,100,000 tons of timber each year, and close two thirds of that is exported. Up to 1965, Malaysia was producing 40% of the worlds tin supply. However, with its chop-chop diversifying economy, Malaysia no longer depends on tin as a strong part of its income. Small amounts of other useful minerals can be free-base all over Malaysia, as it is a naturally abundant cut down.Its major exports are electronic equipment, machinery, petroleum, palm oil, rubber, timber, and tin. The biggest trading partners are Japan, the United States, and Singapore. new(prenominal) trading partners include the United Kingdom and Russia. About two thirds of the land on the peninsula is devoted to the cultivation of rubber, and Malaysia produces more than a third of the worlds rubber. Tin is the second largest export, and has been mined on the peninsula since the 17th century. Since Malaysias exports are mostly raw materials, and raw materials are susceptible to wildly fluctuating market prices, Malaysias economy is easily affected by market swings. For example, just a one cent fall in the price of rubber would decre... ...Cal Clark, eds. The Evolving Pacific Basin in the Global semipolitical Economy. United States Lynne Rienner Publishers, Inc., 1992.Cheok, Cheong Kee and Lin Lean Lim. Demographic Impact on Socio- frugal Development The Malaysia Experience. Canberra, Australia The Australian National University, 1982.Drabble, J.H. Rubber in Malaya 1876-1922. Malaysia Oxford University Press, 1973.Jomo, K.S. Growth and structural Change in the Malaysian Economy. London The MacMillan Press Ltd., 1990.Lim, David, ed. Further Readings on Malaysian Economic Devel opment. Malaysia Oxford University Press, 1983.Lim, Lin Lean. Population and Development Theory and Empirical Evidence. Malaysia International Book Service, 1983.Malaysia. encyclopedia Britannica Macropaedia. 1973.McHale, T.R. Rubber and the Malaysian Economy. Singapore M.P.H. Publications, 1966.Peng, Khor Kok. Recession and the Malaysian Economy. Malaysia Institut Masyarakat, 1983.Schatzl, Ludwig H., ed. Growth and spacial Equity in West Malaysia. Singapore Institute of Southeast Asiatic Studies, 1988.Yee, Lo Sum. The Development Performance of West Malaysia 1955-1967. Malaysia Heinemann Educational Books, 1972.