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Malaysian Economics Book Summary

Summary by : AcaDemon
Visits : 76  words: 300   Published: November 12, 2006
This very comprehensive paper gives an account of the economic history of Malaysia. It begins with the pre-independence era and then goes discusses all of the major political events and policies involved in bringing the country to its current position as the third largest economy in east Asia. Mentioned are the disputes between ethnic Malays and Chinese immigrants, the successful rural development programs, the 1997 Asian economic crisis and the communist movement. The paper includes a number of clear economic tables and is well researched. From the paper: "It is never possible entirely to distinguish a nation's economy from its political situation, however this may be especially true in the case of colonies and recently freed colonies because more than other governmental bodies colonial governments are founded to make the extraction of raw materials from the colony as economically efficient as possible. This paper examines the economic development of the nation of Malaysia in the years after independence in 1957 until the present. This economic history is bound up with the country's political development as a modern nation as well, and so to the extent that the two are integrated they will be both considered in this paper while the emphasis remains on the economic sector."

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