Malaysian Economic Policy and FDI :: History Economics Malasya Essays

Malaysian Economic Policy and FDI BACKGROUND AND COUNTRY ATTRACTIVENESS. Malaysia is the second fastest growing economy in the South East Asian region with an average Gross National Product (GNP) growth of eight-plus percent per year in the last seven years. Since independence in 1957, Malaysia has moved from an agriculturally based economy to a more diversified and export oriented one. The Malaysian market is fairly openly oriented, with tariffs only averaging approximately fifteen percent and almost non-existent non-tariff barriers and foreign exchange controls. The open trade based economy is supported by the fact that the total two way trade almost amounts to 120 percent of the GNP (1994). Together with a stable political environment, increasing per capita income, and the potential for regional integration throughout the Association of South East Asian Nations (ASEAN), Malaysia is an attractive prospect for FDI (refer to Tables 1, 2, 3 and Graph 1 for relevant economic indicators). Until 1993, foreign investment contributed 60% of all investment in Malaysia. FDI grew strongly in the late 1980s to reach a peak of RM17.7 billion in 1992. This was followed by a sharp drop to RM6 billion in 1993 due to the world rececession, but rose again to RM15.2 billion in 1994. Malaysia is among the top five recipients of foreign direct investment in the world and while in recent years it has come mainly from other Asian countries, 1993 saw the US as the biggest inward investor with RM1.7 billion. Japan and Taiwan are clearly the largest overall investors with the US third, followed by France, Singapore and the UK (McLeman 1994, 19). The rationale of this report is not to promote Malaysia as an attractive destination for multinational entities, but rather to analyze how Malaysia's economic policy impacts upon FDI. Malaysia, perhaps, represents one of the most successful developing nations that has been able to effectively incorporate economic policy objectives with foreign funds, knowledge and networking throughout FDI (refer appendix 5). FDI in Malaysia is an important catalytic factor, increasing exports, knowledge and provides an economic vehicle towards the Malaysian 2020 vision. THE MALAYSIA PLAN AND THE NEW ECONOMIC POLICY FRAMEWORK The Malaysian government uses economic planning to achieve economic and socio-economic goals in close coherence with the New Economic Policy (NEP) and the National Development Policy (NDP). The Fifth Malaysia plan and the Long-term Industrial Master Plan Malaysia, in particular, indicate specific future objectives and economic trends. Malaysian Economic Policy and FDI :: History Economics Malasya Essays Malaysian Economic Policy and FDI BACKGROUND AND COUNTRY ATTRACTIVENESS. Malaysia is the second fastest growing economy in the South East Asian region with an average Gross National Product (GNP) growth of eight-plus percent per year in the last seven years. Since independence in 1957, Malaysia has moved from an agriculturally based economy to a more diversified and export oriented one. The Malaysian market is fairly openly oriented, with tariffs only averaging approximately fifteen percent and almost non-existent non-tariff barriers and foreign exchange controls. The open trade based economy is supported by the fact that the total two way trade almost amounts to 120 percent of the GNP (1994). Together with a stable political environment, increasing per capita income, and the potential for regional integration throughout the Association of South East Asian Nations (ASEAN), Malaysia is an attractive prospect for FDI (refer to Tables 1, 2, 3 and Graph 1 for relevant economic indicators). Until 1993, foreign investment contributed 60% of all investment in Malaysia. FDI grew strongly in the late 1980s to reach a peak of RM17.7 billion in 1992. This was followed by a sharp drop to RM6 billion in 1993 due to the world rececession, but rose again to RM15.2 billion in 1994. Malaysia is among the top five recipients of foreign direct investment in the world and while in recent years it has come mainly from other Asian countries, 1993 saw the US as the biggest inward investor with RM1.7 billion. Japan and Taiwan are clearly the largest overall investors with the US third, followed by France, Singapore and the UK (McLeman 1994, 19). The rationale of this report is not to promote Malaysia as an attractive destination for multinational entities, but rather to analyze how Malaysia's economic policy impacts upon FDI. Malaysia, perhaps, represents one of the most successful developing nations that has been able to effectively incorporate economic policy objectives with foreign funds, knowledge and networking throughout FDI (refer appendix 5). FDI in Malaysia is an important catalytic factor, increasing exports, knowledge and provides an economic vehicle towards the Malaysian 2020 vision. THE MALAYSIA PLAN AND THE NEW ECONOMIC POLICY FRAMEWORK The Malaysian government uses economic planning to achieve economic and socio-economic goals in close coherence with the New Economic Policy (NEP) and the National Development Policy (NDP). The Fifth Malaysia plan and the Long-term Industrial Master Plan Malaysia, in particular, indicate specific future objectives and economic trends.

Living with Roommate

Topic: Within roommate and without roommate in university life Thesis Statement: – Living with roommate have more benefits compared to living alone. – Advantages and disadvantages of roommate can be compared and contrasted by using privacy, responsibility and influences. Topic Sentence 1: Living without roommate will protect own privacy, while living with roommate will cause loss of some privacy. (Nicolet, n. d. ) 3 Supporting Details: * Within Roommate i) – You will be lack of private space and share the bathroom, share the living room, the house or room with your roommate. Weinblatt, 2010). ii) – Roommate may make you feel uncomfortable when their partners or friends come over at night time or whenever you are busy or stay in room. iii) –Some roommate may cause your secret to be revealed to their friends or other people. * Without Roommate i) – You can have your own quite and private space and you no need to share any space or resource with others. ii) – You also can bring your friends or partner to come or even stay in your room at any time. iii) – Living alone can keep your secret safety without known by others as no anyone stay in your room. – In term of privacy, it is much better to live without roommate. Topic Sentence 2: Roommate can share responsibility with you. If not, you have to undertake all the responsibility by yourself. (Clark, 2011) 3 Supporting Details: * Within Roommate i) – Roommate can help you to split the cost of living such as rent, utilities, groceries, and other expenses. (Bread, 2011) ii) –You can share household work with your roommate such as washing dishes, cleaning room, therefore you can save more time and effort to do other things. ii) – Some roommate may tend to be unreliable or be a slob. For example, they may move out before the lease ends, neglecting to pay his or her share of bills after leaving or they may shirk all the responsibility of h ousework to you. * Without Roommate i) – The cost included in your living is undertaken by your own, because no roommate helps to share the cost. ii) – Besides, all the work done by you alone and take much more time and effort to finish it without roommate. iii) – On the other hand, you do not have to risk any unnecessary problems that related or caused by your roommate. –For short, although roommate can help to share responsibility with you, rather than you have to take all the responsibility by your own, some roommate may also shirk all the responsibility to you. Topic Sentence 3: Within roommate and without roommate have both good and bad influences, but roommate give more good influences to you. (Anonymous, 2012) 3 Supporting Details: * Within Roommate i) – You will never feeling loneliness or you can share your worries and joys with roommate or talk to them or face problem together. (Martin, n. d. ii) – You will keep rely on the decisio n of others and over dependence on roommate no matter in cleaning work, education, etc iii) – You can find your roommate immediately whenever there is an emergency or you have problems and provide you with some feeling of security. (Oster, 2011) * Without Roommate i) –You may feel loneliness and homesickness as none of your friend or family around you, especially when you are new student that come from far place to get education. ii) – You have to undertake all the responsibility by your own and make your own decision in all aspects without any opinion or complaint from others. ii) – At any time, you also have to prepare to face all unexpected emergency alone and feel unsecure because no people give you any help or support. * – In my point of view, advantages of roommate are greater than its disadvantages as depending on choosing the right roommate. Conclusion: – In conclusion, living with roommate would have more benefits than living alone. – Sometimes, it is depending on what kind of roommate that you choose to live with them. – Therefore, you must think twice and understand clearly about the background or attitude of roommate before decide to live with them as roommate.

Comparing Dreams in Song of Solomon, Push, and Incidents...

A Dream Revised in Song of Solomon, Push, and Incidents in the Life of a Slave Girl America was founded on the belief that all men are created equal. However, a question must be posed which asks who constitutes men and what is equal? Where do women fit into the picture? What about minorities? The Declaration of Independence serves as the framework for rules that govern the people who fall beneath it, but who were the architects of the infamous work? They were white, upper class, men. They looked at slavery as a grievous sin, yet they allowed it to occur for decades. Immigrants from all parts of the country came to America to be free from persecution and terror; unfortunately, people were not free in Americas†¦show more content†¦They were captured and brought to their new homes in chains. America came to the Africans; the Africans did not come to America. In many pieces of African-American literature, the voiceless and choiceless mentality can be seen. In Incidents in a Life of a Slave Girl, Linda Brent recounts a time when her voice and choice were not heard. She was fifteen and her master, Dr. Flint, whispered impure and unclean statements in her ears that never left young Lindas mind. I turned from him with disgust and hatred. But he was my master. I was compelled to live under the same roof with him.... there is no shadow of law to protect her from insult, from violence, or even from death; all these are inflicted by fiends who bear the shape of men. (361) Linda is embarrassed, angry, and ashamed to be subjected to this level of comment from a middle-aged man with a wife and children. Yet, she is unable to escape those words, even after she has escaped from his grasp. A slave has no choice in the path his or her life takes. They did not choose to come to America; they did not choose whose home they served; they had no voluntary actions to speak of. They were involuntary participants in a society that needed them. The South would not have been as prosperous and fertile had it not been for the free labor that slaves provided. Blacks were forced to work and labor for little or no pay and they reapedShow MoreRelatedStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesGlobalization 16 †¢ Managing Workforce Diversity 18 †¢ Improving Customer Service 18 †¢ Improving People Skills 19 †¢ Stimulating Innovation and Change 20 †¢ C oping with â€Å"Temporariness† 20 †¢ Working in Networked Organizations 20 †¢ Helping Employees Balance Work–Life Conflicts 21 †¢ Creating a Positive Work Environment 22 †¢ Improving Ethical Behavior 22 Coming Attractions: Developing an OB Model 23 An Overview 23 †¢ Inputs 24 †¢ Processes 25 †¢ Outcomes 25 Summary and Implications for Managers 30 S A L Self-AssessmentRead MoreDeveloping Management Skills404131 Words   |  1617 PagesStress-Reduction Techniques 144 SKILL ANALYSIS 147 Cases Involving Stress Management 147 The Turn of the Tide 147 The Case of the Missing Time 150 SKILL PRACTICE 155 Exercises for Long-Term and Short-Run Stress Management The Small-Wins Strategy 155 Life-Balance Analysis 156 Deep Relaxation 158 Monitoring and Managing Time 159 SKILL APPLICATION 161 Activities for Managing Stress 161 Suggested Assignments 161 Application Plan and Evaluation 162 SCORING KEYS AND COMPARISON DATA Stress Management AssessmentRead MoreProject Mgmt296381 Words   |  1186 Pagesof Project Management Body of Knowledge (PMBOK) Concepts to Text Topics Chapter 1 Modern Project Management Chapter 8 Scheduling resources and cost 1.2 Project defined 1.3 Project management defined 1.4 Projects and programs (.2) 2.1 The project life cycle (.2.3) App. G.1 The project manager App. G.7 Political and social environments F.1 Integration of project management processes [3.1] 6.5.2 Setting a schedule baseline [8.1.4] 6.5.3.1 Setting a resource schedule 6.5.2.4 Resource leveling 7.2 Setting