TITLE

ECONOMY

PUB. DATE
January 2010
SOURCE
Background Notes on Countries of the World: Malaysia;1/ 1/2010, p7
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents information on the economy of Malaysia. It is noted that the country's economic performance is one of the best in Asia and its real gross domestic product (GDP) from 1957 to 2005 grew by an annual average rate of 6.5%. Malaysia's 10-year plan called the New Economic Policy (NEP) was implemented for four decades starting 1971. During the 1997-1998 Asian financial crisis, the country's economy went into recession, with GDP falling by more than 7% in 1998.
ACCESSION #
63888397

 

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