Background Of Study Of Malaysia

10269 WordsJun 6, 201542 Pages
Chapter 1 – Introduction Background of Study Malaysia is one of the successful developing countries in Southeast Asia and like other developing countries, the major sector in the early days of independence are agriculture and mining, which requires a lot of labor force. Agriculture and mining is one of the main sectors of attention and give more contribution to economic growth that occurred in the rural areas. Somehow, the fierce competition of globalization has resulted in a change from agriculture and mining to manufacturing and service sectors. Therefore, there is a large population migration from rural to urban areas since the 1990s due to the creation of jobs and opportunities in urban areas. As the economy is growing, there is an increased competition among nations where greater labor market flexibility and good jobs need to be created. Malaysia’s fifty years of nationhood witnesses many milestones in its economic development. It has a multi-ethnic, multi-religious society that includes the majority of the Muslim population in most states and strong Chinese community economically. Ethnic Malays comprise about 60% of the population. Chinese make up about 26% Indians and indigenous peoples make up the rest. As one of most vibrant economies, the fruit of decades of industrial growth and political stability. Upon independence, the nation was highly reliant on tin and rubber and more than half of the population was in poverty. Today, Malaysia is a broad-based and

More about Background Of Study Of Malaysia

Open Document