Malaysian Country Analysis essays

Malaysian Country Analysis essays In 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) - 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 important resource pre 1980s. - exported raw commodities such as timber, rubber, tin, and palm oil. - Government invested on more capital goods - Sources of finances were increasing due to the investment on capital, domestic saving, and foreign investments. - In the 1970s, the Investment Incentive Act aimed to gain more investments to spend on its programs. It also aimed to get more participation from the Malays. Initial Success in some industries - Production of raw materials like tin and rubber - Mining, Petroleum production, Agricultural Sector, Forestry and Fishing. The 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 other states. The Cabinet headed by the Prime Minister exercises executive power. The government finds ways to attract foreign investors, and is active in the development of industries. In the Second Industrial Master Plan (IMP2), palm oil, rubber, cocoa, and timber were identified as primary commodities. The Third National Agricultural Policy ( ...