Abstract Review of economic performance in Malaysia: 1996-2000. Malaysia as a newly industrializaing country (NIC) that suffered severe economic consequences because of the Southeast Asian economic crisis in 1997. Economic output of Malaysia's performance; real & nominal GDP. GDP. Investment & consumption. The country's international economic position. Monetary measures. Statistics. 12 Exhibits.
From the Paper "This research presents a review of the recent performance and status of the Malaysian economy. Malaysia is a newly industrializing country (NIC) that suffered severe economic consequences because of the economic crisis that hit East Asia and Southeast Asia in 1997. NICs are not the same as transitional economies. Transitional economies are those economies that are in a state of transition from command economy (socialist) status to market economy status. Neither are NICs developing economies because their levels of economic development allowed them to move up to NIC status (Sercovich, 1999).
The economic problems that confronted Southeast Asian..."
Abstract This paper considers the demographics and the opportunities and threats in Malaysia and the Philippines, pointing out that of the two, Malaysia is more advanced in terms of technology. The paper explains that this is partly because the country is more prosperous and has been part of the technology hub of Asia, while the Philippines has had more economic problems and has not developed the same infrastructure as has Malaysia.
From the Paper "The two countries under discussion are Malaysia and the Philippines and of the two, Malaysia is more advanced in terms of technology, in part because the country is more prosperous and has been part of the technology hub of Asia, while the Philippines has had more economic problems and has not developed the same infrastructure as has Malaysia. Both countries have had economic problems in recent year as a result of the downturn in the East Asian region, a downturn which included the failure of a number of high tech businesses in the region."
Abstract This paper is an historical description of the country of Malaysia during the year 1965 told in first person from the Prime Minister's point of view. It describes the political, economic and social situation in Malaysia at those times.
From the Paper "1965 is a time of change and revolution in South East Asia and as the Prime Minister of the newly formed Federation of Malaysia I have a challenge in front of me that needs to be faced with wisdom and innovation. For Malaysia to enter the modern age it must make alterations in its political, social and economic policies. We have been ruled by a colonial power for too long and must learn to survive and grow on our own. We must tackle our ethnic diversity, and restrain traditional enmities amongst our neighbors. My country needs to focus on scientific and industrial development and education instead of racial differences and old world values. Malaysia must become a united nation and move forward in the 20th century an example for others and a subject of pride for its people."
Abstract This paper presents a discussion of whether an auto parts manufacturer should set up production facilities in Malaysia or India. It considers wage and price controls, property rights, and government regulations. The paper recommends Malaysia as more attractive for business.
From the Paper "In today's global economy it is not uncommon for companies to manufacture goods in one country for sale in other countries This research considers an auto parts manufacturer seeking to establish a new production ..."
Tags:malaysia, india, property rights, wage and price controls, international business
Abstract This paper considers the business climate in the Philippines and Malaysia, noting that Malaysia is a federation of smaller states found in the South China Sea and the Philippines is contiguous with the South China Sea and is a nation of islands accessible from the southern Pacific. The paper discusses how both areas were colonies before they were liberated and have since developed considerably from the state they were in at the time of liberation.
Abstract This paper compares and analyzes the environment of the legal, judicial, political and socio-economic culture of the two countries Malaysia and India.
Abstract The appropriate role of government in the economy is an issue that has been long debated. Several hundred years into the debate, no solid answer exists. Throughout the 20th century alone, several different forms of governance have been attempted, and while some have been more successful than others, the prevailing mixed economy (limited laissez faire) used in most developed countries seems to offer a reasonably decent solution. The key to this form of economy, it seems, is flexibility; with the government more active at some times than others. Good leaders know where the strengths of capitalism lay and what its limitations are. The proper role of government, in this broad sense, is to maximize the benefits of capitalism by staying out of the economy, but exerting some influence in areas where capitalism is deficient.
Abstract The post-Socialist economies are struggling to pattern themselves on the features of free market economy. This nine-page paper discusses two such transitional economies, that of Poland and Russia. It also lists features of the western economies and compares them with the former.
This paper examines the impact in the rise of speculative investments in unregulated Southeast Asian economies which has resulted in a global-wide financial crisis.
Abstract This paper analyzes the under-regulated stock market, real estate ventures and currency instability in the Asian economy that resulted in world-wide financial crisis. This paper explores the events in the stock markets in Thailand, Manila, Singapore and Hong Kong that were extremely profitable for a short time, only to crash soon after, leaving countless people owing billions of dollars and the economies of many Asian nations in shambles. The writer of this well-researched paper discusses how banks in the U.S. suffered greatly because of fraud in Singapore as well as in trading in derivatives, which when the various nations' economies sank, so did the value of these investments. This paper also examines the tug of war between Asian exports and imports and their impact on the American economy.
Table of Contents:
Abstract
Introduction
The Derivatives Fiasco
Japan
Asia
United States Actions and Reactions
Conclusion
Bibliography
From the Paper "A staid old British banking institution, Baring Brothers, decided to enter the Asian derivatives field, and so sent a number of young traders, including Nick Leeson, first to Indonesia, then, based on his success, to Singapore. He used this great distance from the home office to trade in his own account, using the firm's money, as well as investments from other international banks. Because of the volatility of the market (and natural disasters like the Kobe earthquake) he first made poor judgment calls which had him owing 170 million pounds (about. $225 million). At the end, he was in the red (or, rather Baring's was) in the amount of $1.5 billion. When discovered, he and his wife fled, but were eventually arrested. This one man's greedy fraud had caused Baring's to go bankrupt, and caused a ripple effect in the U.S. where similar derivatives investments turned sour."
A discussion regarding socialist economies that are in a transition from a controlled, centralized planning economic model to a decentralized capitalist economic model.
1,350 words (approx. 5.4 pages), 1 source, 2006, $ 53.95
Abstract This paper reviews the term "transition economies" which defines those socialist command economies that, in the late 20th and early 21st centuries, attempted a transition from a state controlled, centralized planning economic model to a decentralized capitalist economic model. The paper lists these transition economies as being Russia, Poland, China and Vietnam. Transition economies are generally classified under one of two categories: the shock model and the gradualism model. The paper further discusses how these categories refer to the rate of economic and political change in these societies during their transitional periods. States that applied the gradualism model include Poland and China, while the shock model is commonly applied to cases such as that of Russia.
Abstract In this article, the writer notes that in 'Economy of Grace', Kathryn Tanner approaches the fiscal side of Christianity. The writer discusses that Tanner begins by asserting that there is a unique relationship between economics and Christianity, primarily because a Christian is compelled to incorporate faith into daily life. The writer looks at examples in the work used to demonstrate why God should be a part of economics. The writer then points out that Tanner explains that the economy is missing an essential element when God does not play a role in it. The writer concludes that although it seems unlikely that the world will ever wholly embrace a theological economy, there are some promising signs that indicate that capitalism has been influenced by the principals of a theological economy.
From the Paper "In other words, a theological economy is a win-win economy, where none of the participants are expected to act to their own detriment, but where they are also expected to consider more than personal bottom-line when engaging in economic transactions. The result is an economy that is unlike capitalism, because it is non-competitive, but also unlike communism, because it allows for personal property ownership and permits monetary success as a religious goal.
"Next, Tanner compares and contrasts her idea of a theological economy with traditional capitalism. To do so, she acknowledges that her interpretations of Christianity and how those interpretations have shaped her concept of a theological economy are not the only interpretations of Christianity."
Examines the manner in which the president, the Federal Reserve Chairman, the SEC Commissioner, and the attorney general can influence the U.S. economy.
2,400 words (approx. 9.6 pages), 6 sources, 2002, $ 89.95
Abstract One of the most important aspects of the structure of the US government is there is no single authority controlling or commanding the economy. This structural decision allowed for the creation of the free-market system in its current incarnation. No single person or institution can have an over-riding effect on the performance of the economy as a whole. However, there are a number individuals who can, to a greater or lesser degree, have an effect on the economy. This brief paper will examine the following four such figures: (1) the president, (2) the Federal Reserve Chairman, (3) SEC Commissioner, and (4) the attorney general.
Abstract This paper explores the effects of globalization which has accelerated industrial and occupational restructuring, resulting in the decline of some industries and jobs and the growth of others. The writer of this paper also discusses the early stages of the new economy which has seen income growth increasingly tied to education and occupation. This paper goes on to explain that by increasing the education and skill levels of American workers it will foster reduced wage inequality and faster economic growth. This paper also delves into the industry of information technology and its enormous potential to increase efficiency and raise productivity which is a critical component of the new economy.
From the Paper "Working with information is very different from working with the steel and glass. Information is easier to produce and harder to control than stuff you can drop on your foot. For a start, computers can copy it and ship it anywhere, almost instantly and almost for free. Production and distribution, the basis of industrial power, can increasingly be taken for granted. Innovation and marketing are all. By the New Economy, we mean two broad trends that have been under way for several years. The first is the globalization of business."
Tags: economics, business, economy, united, states, internet, information, technology, globalization
Abstract This paper analyzes the global youth economy by examining the situation of American youth in the United States economy, their employment rates, the underlying trends, and the role that race and geography play in youth employment. It also applies the lessons that the United States youth economy has to offer to the developing world.
Abstract This paper considers the state of the US economy in 2001 up to the terrorist attack on the World Trade Center. The paper includes discussion on measures such as inflation, consumer spending, unemployment, economic growth, monetary and fiscal policy, investment and savings as well as the potential effect on the economy of the terrorist attack.
