First 359 words of the document:
Malaysia is tropical country that occupies a peninsula
south of Thailand and part of the Island of Borneo It
would have originally been classified on the on the
southern side of the North-South divide, which places
it within the less developed world.
This is now inaccurate, due to Malaysia's impressive
economic growth as one of Asia's NICs over the past
40 or so years.
Malaysia is an Asian Tiger cub, one of the second
waves of Asian tiger economies. Prior to 1970 it was a classic agricultural nation that specialised
in exporting raw materials - rubber and tin made up two-thirds of the value of exports in 1970.
By the end of the 1990s over 80% of exports were manufactured goods.
1. Labour Malaysia had cheap labour in abundance in the 1970s and fulfilled consumer
demand in richer MEDCs
2. Transport Malaysia had major ports such as Georgetown on Penang, this helped with
3. Education Malaysia has and had a well-educated workforce
4. Government and politics the country was governed by strong leaders including Dr
Mahathir Mohamad who ruled from 1981 to 2003 who oversaw economic growth and
increased prosperity for the people of Malaysia.
5. Industrial policy Malaysia allowed foreign companies to come in and invest, then
strongly promoting the development of locally owned industries through protection and
laws to give these home-grown industries privileges compared with foreign investors.
6. Growth poles - manufacturing was concentrated in growth poles in Malaysia. Domestic
goods such as food and drink and household goods are located in and around the capital
city, Kuala Lumpur, which has an inland location. The export-orientated growth
industries, mainly electronics but also including electrical goods, machinery, equipment
and textile industries, are concentrated south of Georgetown along the eastern side of the
island of Penang, close to the port and the road bridge connecting Penang to the
mainland and international airport.
7. Development of TNCs Malaysia has its own car manufacturer, Proton, which sells cars
to every continent