The myths and realities of Asian growth

Article Abstract:

Economists who claim that economic growth in Asia is decelerating base their argument on claims that productivity growth has declined, as has Asian economies' competitiveness in the global export market. Furthermore, there is excess capacity in many economic sectors and an decrease in the savings to investment ratio. However, an examination of IMF data reveals that many of these hypotheses are erroneous.

Asia, Economic history, Association of Southeast Asian Nations, Association of South East Asian Nations

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Malaysia: into a period of vulnerability

Article Abstract:

A forecast of Malaysia's economic conditions is presented. Malaysia's has experienced average annual GDP growth of over 8% since 1986. Per capita income now stands at $4,500, and purchasing power parity has reached an estimated $9,000 per capita. The economy has become diversified away from commodity production, with manufacturing now representing 35% of Malaysia's GDP.

Malaysia

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