Introduction The research paper aims to study the reasons why Malaysia is more advanced than Indonesia despite the fact that Malaysia gained their independence years after Indonesia had gained hers. Moreover, it aims to look at the reasons its economy is failing, effects of the reasons and how to recover from the effects. It will act as a guide to not only Indonesia, but to other countries that may be lagging behind in terms of development. The findings of the study will enhance better understanding of the economic situation of the two countries and in the world, which will help not only leaders and the affected country, but also other countries in the world. Results will guide policy formulations in the countries to help improve their economy. Additionally, the paper aims to understand the Malaysian and Indonesian domestic political processes involved in the formulation of foreign policies and appreciate the history of the two countries. Finally, it will discuss the different causes of variant GDPs in the two nations. The history of the two countries gets intertwined at some point; for many years, there have been relations, migrations, and interactions between these two countries such that their citizens can trace their relatives or origins from either country. Expounding on the similarities between the two countries will be vital in the research. First and foremost, the two countries are located in the continent of Asia and they have an almost similar national language,
One major example of a similarity is their social order. They both used feudalism, a social order based on power and land. To start, they both had a top dog. Japan had an Emperor, and Europe had the pope. And it continues, being the same system, they both work like this: The highest lords pay lords under them land. Those lords then
One similarity is that there are very cold winters. Both countries are four season long and are located near the north. Also, the two countries are Christian countries.
The Government Structure also has summaries and differences. Two Similarities being they have 3 branches and bicameral legislators. Also two differences being legislators have different names and that jurisdiction of courts are different.
There are notable similarities between the two economies such as import and export partners due to the same region where both countries are located. Furthermore Australia’s GDP is significantly higher than that of Indonesia. This is also due to the fact that Australia is a developed country whereas Indonesia is an under - developed country. This would reflect the average income and hence the overall quality of life in each country which is shown in the Human Development Index, in which Australia’s HDI is 0.938 and Indonesia’s is 0.629. Additionally the life expectancy is also significantly different where Australia and Indonesia compare for 81 years to 70 years respectively (Country Economy 2013). This can relate directly to the health care system in each country as well as the social
The other similarity is also the fact that both countries are greatly dependent on public transportation systems. Some of the modern technologies used for transport like cars, busses and modern planes are used in both countries, though not in the same scale.
In conclusion, even though there are many differences and many similarities between these two beautiful and amazing countries. There are two things that will never change. The sun will always rise at the east and make his long journey to set at the west everyday and the people of this two countries will always have the same hope and wish to make their countries a better future for their future
Indonesia is the sixteenth largest economy, the largest economy in the South-east Asian economic region with the world's fourth largest population (263 million in 2017). It is an emerging economy that has increased its international integration, trade liberalisation and diverted from policies of import substitution towards export-led development. Indonesia is a member of the Group of 20 (G20) major economies and has been an active founding member of the World Trade Organisation (WTO). The impact of globalisation has benefited Indonesia as quality of life indicators and economic developments have improved but it also presents the challenge of improving regulations, building more competitive industries, increasing investment into education and infrastructure to remain competitive. Consequently, Indonesia has introduced numerous strategies to promote economic growth and development.
Malaysia’s GDP Annual Growth Rate since 2000 till present. Notice the sharp contraction after the 2008 Financial Crises.
Many of the overall concepts are the same, only with smaller differences. They were both Christian, but with different denominations. They both changed political systems many times, but went through different governments from the other. Both of them trade with natives, though for a different duration of time. Their similarites are strong in their economics, though, as they both largely used tobacco as a cash crop and used slaves as
Another reason that it is natural to compare them is their economic growth has mirrored one another. Both emerged from a war with its economy devastated and its infrastructure in ruins. Both countries changed with the economic climate of the time and took advantage of
Decision analysis: What is the best strategy for the Malaysian government moving forward? This decision can only be made after the country’s current strategy and how well it works is analyzed.
The Singapore economy had proved its resilience during the worst post-war recession and experience exceptionally high economic growth during the 42 years since its independence. For the period 1966-1973, the economy expanded consistently at a double-digit growth rate in real terms (Kum Poh, 1982, p.1). Gross Domestic Product (GDP) at constant prices continues to rise at an annual rate of 8 percent till 2005. With population growth at 2.1 percent, per capita GDP increased by 5.8 percent on average each year (Gesquiere, 2007, p. 12).
Singapore and Malaysia were both similarly colonized by the British. However, their development after independence differed in many ways. In this paper, I will examine, with help from resources provided in the course and minimal research, how their colonial experiences affected their political and social development after independence. After which, investigating the depth of influence their colonizers had, and why, differing racial ideologies had the greatest impact on their development.
Continuous rapid economic growth has raised Malaysia from an agricultural and commodity-based low-income economy to a successful middle-income economy. As a mixed economy, Malaysia has elements of a free market economy nevertheless with intervention government. Malaysia's economic activity consist of a mixture of sectors whereas mixed of capitalism and socialism The strong economic performance has helped improve the quality of life for Malaysians and supported advances in education, health, infrastructure, housing and public amenities and others.
Malaysia is a democratic country with excellent economic system. We are one the leading country in economic terms and being an example for the economy system we are using. In Malaysia, we are into mixed economy system. This economy system is the leading type of economic system that is used in most of the countries such as United States. Mixed economy system includes a mixture of capitalism and socialism. It combines private economic freedom, centralized economic planning and government regulation. Government plays major role in economic growth as well as distribution of wealth. For example, our government collects tax and provides subsidies at the same time for the public.