Economic Growth in Malaysia
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This paper provides an examination of the economic growth and standard of living in South-East Asia. The area examined in this article is Malaysia. It is argued in this paper that although economic growth is very high, it is essentially unsustainable. The writer points out that unstable economic growth will lead to greater social problems.
From the Paper:"The recent history of Malaysia looks very promising. Economic growth and over all levels of prosperity appear to be increasing at a phenomenal rate. In Malaysia: The Rapidly Maturing Tiger Cub Joseph F. Coates states, "Malaysia is the single emerging Asian economy that...could likely develop into the next Asian `tiger' that is, move closer in technological mastery and high-tech production to the more developed NIEs"[newly industrialized economies], according to the recent National Science Foundation report, Asia's New High Tech Competitors ... "
Cite this Essay:
Economic Growth in Malaysia (2005, December 01) Retrieved May 26, 2022, from https://www.academon.com/essay/economic-growth-in-malaysia-84428/
"Economic Growth in Malaysia " 01 December 2005. Web. 26 May. 2022. <https://www.academon.com/essay/economic-growth-in-malaysia-84428/>