Economy of malaysia_(1)
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Economy of malaysia_(1) Presentation Transcript

  • 1. ECONOMY OF MALAYSIA
    • By-
    • Ankita Verma
    • Neha Tyagi
    • Rohit Singh
    • Neha
    • Paras Arora
    • Aatif Khan
    • Ankita Mishra
  • 2. ECONOMY OF MALAYSIA
    • Capital: Kuala Lumpur
    • Population: 28.96 million
    • GDP: $14,800
    • Main Industries: Rubber and Palm oil processing & manufacturing and mining industry.
    • 5.8 million households
    • Malaysia has a deposit of natural resources in terms of agriculture, minerals and forestry.
    • Total export $156.4bn
    • Total imports $119.5bn
    • Inflation rate 0.4%
  • 3. PRE CRISIS
    • In 1957, Malaysia got independence.
    • Since, 1960s Malaysia has shown consistent growth average of 7% to 8%.
    • From 1965-84, a period of broad diversification and sustained rapid growth.
    • New foreign and domestic investment in manufacturing.
    • Manufacturing grew dramatically from 13.4% of GDP in 1970.
    • Petroleum sector expanded rapidly after 1980s.
  • 4. DURING THE CRISIS
    • 1981-82, world recession – Depressed the prices of Malaysia’s traditional commodity export.
    • Malaysia’s foreign debt was $15 billion in 1984.
    • GNP fall by 11.5% in 1985.
    • Increased diversification and manufacturing sector helped in renewing growth.
  • 5. POST CRISIS
    • Increased diversified and high skilled manufacturing sectors led the country to growth in late 1980s and 1990s.
    • Government altered policies due to size of public sector deficit and growth of foreign debt.
    • Government placed greater emphasis on role of private sector.
    • Economy remains vulnerable to external shocks.
  • 6. PESTLE Analysis
    • Political
    • Political dominance by malays.
    • Stable political environment.
    • Economic
    • From 1965 to 1984 avg. growth : 7% to 8%.
    • Economy dominated by two commodities-rubber and tin.
    • Significant exporter of oil and liquefied natural gas.
    • Recession in 1981-1982.
  • 7.
    • Social factor
    • Less poverty rates <15% among all LDC’s
    • Majority are malays(49%)
    • Despite rapid urbanization, they remain largely rural and lag economically by Chinese which are 1/3 of population.
    • Population growing at a rate of 2.1% every year.
    • Technological factor
    • Highly skilled manufacturing sector
    • Renewed high growth in late 1990’s
  • 8.
    • Legal
    • After recession govt. invested to acquire foreign owned plants.
    • Govt. placed greater emphasis on the role of private sector
    • Environmental
    • Malaysia is the world’s leading producer of rubber,tin,palm oil,and tropical timber
  • 9. RECOMMENDATIONS
    • Encourage exports
    • Provide accessible credit for business
    • Emphasize on tourism
    • Encourage FDIs and FIIs
  • 10. THANK YOU