Economic History Of Malaysia
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Economic History Of Malaysia
Since its formation in 1963, Malaysia's economic performance has been one of Asia's best. Real gross domestic product (GDP) grew by an average of 6.5% per year from 1957 to 2005. Performance peaked in the early 1980s through the mid-1990s, as the economy experienced sustained rapid growth averaging almost 8% annually. High levels of foreign and domestic private investment played a significant role as the economy diversified and modernised. Once heavily dependent on primary products such as rubber and tin, Malaysia today is an upper middle-income country with a multi-sector economy based on services and manufacturing. Malaysia is one of the world's largest exporters of semiconductor components and devices, electrical goods, solar panels, and information and communication technology ( ICT) products. Early and colonial history The Malay Peninsula and has been a centre for trade for centuries. Various items such as porcelain and spice were actively traded even before Malacca and Sing ...
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GDP Per Capita Development Of Malaysia
Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the per capita GDP (also called the Mean Standard of Living). GDP definitions are maintained by a number of national and international economic organizations. The Organisa ...
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Malay States
The monarchies of Malaysia refer to the constitutional monarchy system as practised in Malaysia. The political system of Malaysia is based on the Westminster parliamentary system in combination with features of a federation. Nine of the states of Malaysia are constitutionally headed by traditional Malay rulers, collectively referred to as the Malay states. State constitutions limit eligibility for the thrones to male Malay Muslims of royal descent. Seven are hereditary monarchies based on agnatic primogeniture: Kedah, Kelantan, Johor, Perlis, Pahang, Selangor and Terengganu. In Perak, the throne rotates among three branches of the royal family loosely based on agnatic seniority. One state, Negeri Sembilan, is an elective monarchy; the ruler is elected from male members of the royal family by hereditary chiefs. All rulers, except those of Perlis and of Negeri Sembilan, use the title of ''Sultan''. The ruler of Perlis is styled the ''Raja'', whereas the ruler of Negeri Sembilan is ...
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Kuala Lumpur
, anthem = '' Maju dan Sejahtera'' , image_map = , map_caption = , pushpin_map = Malaysia#Southeast Asia#Asia , pushpin_map_caption = , coordinates = , subdivision_type = Country , subdivision_name = , subdivision_type1 = Administrative areas , subdivision_name1 = , established_title = Establishment , established_date = 1857 , established_title2 = City status , established_date2 = 1 February 1972 , established_title3 = Transferred to federal jurisdiction , established_date3 = 1 February 1974 , government_type = Federal administrationwith local government , governing_body = Kuala Lumpur City Hall , leader_title = Mayor , leader_name = Mahadi bin Che Ngah , total_type = Federal territory , area_footnotes = , area_total_km2 = 2 ...
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Article 153
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