Monday, November 5, 2012

Study of Malaysia

Hard hit by worldwide IT slump in 2001. Rebounded nicely in 2002.

fresh exports total approximately $97.9 billion (TIME)

Labor force: 9.7 one thousand million (out of 22 million population)

Manufacturing exports now 90& of merchandise exports (matrade online 2004 1).

sophisticated exports 59% of manufactured export totals.

Readily available employees: " there werea.more hirings in the last quarter of 2003 begistering a 20% change magnitude from the preceding quarter" (Hamid 2004 1).

Manufacturing sector continues to be aggressive in hiring.

Stable employment market and growth predicted for 2004.

"Domestic workforce is benefiting from the move by multi-national corporations' decisions to choose Malaysia as the location for high-end proceeds industries" (Hamid 2004 1).

Outsourcing is increasing employment.

chinaware accused of dumping products in Malaysia. Nation's manufacturers are countering by targeting Asian niche markets in order to neutralize direct price competition with dumped electronic goods. Companies are producing non-competitive products in larger quantities and reducing manufacturing of goods which are far cheaper when coming from China (TVs and cell phones, for example).

"Malaysia, one of the region's fastest-growing economies" (Prystay 2003 78).
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Current government "will continueaVision 2020- a plan that calls for 7% real GDP growth a years for the next 17 years with the goal of ma


The new government is cracking down pat(p) on corruption and bid rigging. The new Malaysian charge Minister has shelved "a controversial 14.5 ringgit ($3.8 billion) railway projectaand several another(prenominal) large and controversial infrastructure contract awards" (Lopez 2003 12).

king Malaysia a fully developed economy by 2020" (Jayasamkaram 2003 15).

State roadstead comprise primary roads that allow for intra- call forth travel between district administrative centers, urban collector roads and small(a) roads within villages and rural areas. Maintenance of state roads is the responsibility of the respective state government but is funded by the federal government via an annual State Road Grant. The state government then reallocates the funds to various agencies at the topical anesthetic level.

Online economic data (2004): "Malaysia" www.matrade.gov.my

www.transport.gov.za/library/docs/rifsa/arrange.html


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