The myths and realities of Asian growth
Article Abstract:
Economists who claim that economic growth in Asia is decelerating base their argument on claims that productivity growth has declined, as has Asian economies' competitiveness in the global export market. Furthermore, there is excess capacity in many economic sectors and an decrease in the savings to investment ratio. However, an examination of IMF data reveals that many of these hypotheses are erroneous.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1997
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Malaysia: into a period of vulnerability
Article Abstract:
A forecast of Malaysia's economic conditions is presented. Malaysia's has experienced average annual GDP growth of over 8% since 1986. Per capita income now stands at $4,500, and purchasing power parity has reached an estimated $9,000 per capita. The economy has become diversified away from commodity production, with manufacturing now representing 35% of Malaysia's GDP.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
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