Research Paper on:
Economy of Malaysia

Unformatted Sample Text from the Research Paper:
continuing globalization of business and the current economic downturn being experienced in many of the worlds most developed economies, a concurrent downturn in Malaysias economy appears to be directly linked  with Western economic fortunes. The purpose here is to evaluate the statement, "An over dependence on the western markets is the cause of  the current economic downturn in Malaysia." The short answer is that while current economic conditions in Western markets are not helping Malaysias own economic conditions, neither are they directly  or fully responsible for Malaysias current economic downturn. Rather, much of Malaysias own economic history of the past five years can be said to carry greater responsibility for current  conditions. Influence of Western Markets The popular view of developing Asian nations seeking to establish  and maintain export economies is that they and their people are rudely exploited by and for the benefit of Western consumers hungry for goods and devoted to excessive consumerism.  While many of the goods produced in Malaysia - or in any Asian nation - and intended for export do find their way to Western markets, Malaysia has not turned  its back on its Asian neighbors. Seven countries of the world receive 68 percent of Malaysias total exports. These represent Malaysias primary  trading partners, and only two of the seven - the US and the Netherlands - are Western nations. The US receives 21 percent of this 68 percent of total;  the Netherlands receives four percent (Malaysia). The other five primary trading partners are Asian, and nearly all are members of ASEAN, the regional Association of Southeast Asian Nations trade