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Essay / Research Paper Abstract
This 10 page paper provides an overview of the development and existing elements relative to Malaysia. Bibliography lists 5 sources
Page Count:
10 pages (~225 words per page)
File: MH11_MHMalays.rtf
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Unformatted sample text from the term paper:
Malaysia and Burkina Faso have demonstrated substantial growth while also suffering the influences of fluctuating economic conditions in surrounding countries. Applying a number of economic theories, including Sir Arthur
Lewis Theory of Economic Growth and the Harrod/Domar Growth Model provides the basis for understanding the comparative economic view of these two countries. Historical Development The historical
development of both Malaysia and Burkina Faso is deeply routed in an integrated process of international trade. Both countries have demonstrated improvements in their economic picture, their gross domestic
product (GDP) and their export capabilities as a result of trade links formed in recent decades. Over the course of
the last two decades, for example, the development of trade between the countries of Asia has enhanced the capacity to maintain an international business base, and has supported the development
of commerce in countries like China, Hong Kong, the Republic of Korea, Singapore, Taiwan and Malaysia. Malaysia, one of the countries with the most to gain from an enhanced
Asian trade identification, has demonstrated substaintial economic gains as a result of the changes that have occurred. At the same time, Malaysia has also been negatively impacted by economic
changes in other countries, including Japan and Thailand. Similarly, Burkina Faso, one of the poorest countries in the world, has made economic
gains that have resulted from a focus on their existing natural resources (including oil) and the privatization of some of the government-controlled corporations (Burkina Faso, 2002). Like Malaysia, Burkina
Faso has benefited from some emerging trade processes and through their membership and support through the International Monetary Fund. At the same time, theorists have recognized that the maintenance
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