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Malaysia

As the world prepares to move into the twenty-first century, many nations are rapidly developing their agricultural and manufacturing sectors. As these burgeoning industries become a larger part of the nation's economy, the nation finds its population restructuring and streaming to the areas of growth. Just as the people are trying to compete for their survival, the nation is fighting its way to center stage in the world economy. The development of these countries is tied to the world's economy, as is evidenced by the uneven development within each of the nations. Malaysia's growing role in the world economy is likewise intertwined with the development of its industrial regions.

Malaysia's economy is centered on the production of rubber, timber, tin, and petroleum. Almost all of the country's production of rubber and palm oil is raised solely for export. Historically, rubber was the dominant export, but now it is palm oil in terms of square miles used to cultivate it. Rubber, like "no other major commodity in the world," was subject to "dramatic and rapid shifts in sources and derivation of demand" (McHale, 9). Thus, Malaysia has been moving away from its complete dependency on rubber for its income, and begun to divers


Clearly, Malaysia's expanding and diversifying economy is steering it onto the world economy stage. Malaysia stands ready to benefit from the rapidly growing manufacturing sector, and with its new economic resilience, should become stronger in the world economy. The country's growing involvement with manufacturing and other international businesses, along with many skilled workers streaming to those manufacturing plants, will make Malaysia successful in fully integrating with the highly competitive world economy.

The biggest draw has been the state of Selangor, of which Kuala Lumpur is the capital. Malaysia's internal migrant patterns have remained consistent-with people streaming to developed areas such as Kuala Lumpur in hopes of finding a job, and fleeing the less developed states. Lim states that there has been "a strong gravitational pull toward the Kuala Lumpur area where the bulk of modern sector development has been located" (Lin Jean Lim 168). The migration into the Kuala Lumpur region is estimated to have increased by 30,000 per year. One study found that an overwhelming eighty four percent of migrants to Kuala Lumpur were searching for jobs (Lin Jean Lim, 176). Firms from around the world have made substantial investments in Malaysia by relocating manufacturing plants there. This trend has "altered Malaysia's role in the world economy, and it has contributed to [its] economic advance" (Clark and Chan, 169). Another study showed that migrants to the area had a lower unemployment rate than the native labor force (Lim, David, 146). Clearly, the migrants to the Kuala Lumpur area were qualified workers in search of work. The influx of immigrants to rapidly developing areas is thus unmistakably tied to the availability of jobs.

"Malaysia." Encyclopedia Britannica: Macropaedia. 1973.

Malaysia has among the best economies of Southeast Asia. From 1986 to 1990, its GDP grew at 4.2% per year. This was because of the concentration on exports in the development of its economy. It has also developed its palm oil exporting business to be the leader in the world.

Lim, Lin Lean. Population and Development: Theory and Empirical Evidence. Malaysia:



Some common words found in the essay are:
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Approximate Word count = 1797
Approximate Pages = 7 (250 words per page double spaced)


  

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