Friday, February 15, 2008

Brief History on Malaysia

I know. I know. It's really wordy. I'm sorry for that. I promise! I'm gonna get you guys more pictures soon! Soon!

But anyway, I kinda wrote this for a presentation. So, here it is. It gives people a general idea of how Malaysia is anyway, for those who have absolutely no inkling!

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Malaysia is a hybrid of culture from the colonial powers that once ruled the nation and many outside influences that stretch from pre-historic times. Chronologically, the Malay states saw the domination of Hindu, Buddhism, Islam, the Portuguese, the Dutch and the British. Although the Japanese can claim to have invaded Malaysia, their stay was too brief a stint to bear significant ramifications. One of the most lasting influences would be the mass immigration of Chinese and Indian workers to meet the needs of the colonial economy created by the British in the Malay Peninsula and Borneo. In fact, the divisions that separate the three major races in Malaysia would continue to bring turmoil to the relative peace the country enjoys until today.

However, it is undisputed that Malaysia has achieved much after celebrating her 50th year of independence in 2007. The poverty rate shrank from slightly over half of the population in 1973 to 7.8 percent in 1995. Also, Malaysia has managed an impressive improvement in increasing average life expectancy rate. Economic growth was equally astounding as well with emphasis on manufacturing, especially in electronics towards the late 1970s and 1980s. Gradually, the economic gap with the industrial world will eliminate the gap entirely although only time would tell.


In 2007, the
economy of Malaysia was the 34th largest economy in the world by purchasing power parity. Also, according to government officials, the economy would see a 6% growth rate amid the threat of recession in the United States, one of Malaysia’s largest trading partner.



Reference;

Charles Hirschman, "Review of John H. Drabble, An Economic History of Malaysia, c.1800-1990: The Transition to Modern Economic Growth." EH.Net Economic History Services, Jul 9 2001.

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