Malaysia; an introduction to the rising star of Southeast Asia
Malaysia is the rising star of Southeast Asia. In its short 57 years as a country, Malaysia has quickly grown from its former British colonial based structure. No longer regarded as a developing third world country, Malaysia has surpassed its regional developing country neighbors Indonesia, Thailand, Brunei, and expeditiously risen to the status of emerging country (Central Intelligence Agency, 2013). However, Malaysia, its government and people, will not settle for emerging country status. The Government of Malaysia (GOM) has defined a strategy to turn Malaysia into a modern fully developed country by 2020 (Central Intelligence Agency, 2013).
Using the Blue Ocean Strategy business concept of creating uncontested market space, the GOM created the Vision 2020 strategy. To fully appreciate Malaysia, one must understand the Vision 2020 strategy. Specifically, how the unique demographics of the country affect the strategy, how the government is transforming, and how the economy is morphing with regards to public and private sectors. Through understanding Vision 2020, a holistic comprehension of the complex country of Malaysia is developed.
By the year 2020, Malaysia can be a united nation, with a confident Malaysian society, infused by strong moral and ethical values, living in a society that is democratic, liberal and tolerant, caring, economically just and equitable, progressive and prosperous, and in full possession of an economy that is competitive, dynamic, robust, and resilient. (Mohamad, 1991, p. 1)
Malaysia is focused on developing along six dimensions: economic, political, social, spiritual, psychological, and cultural. The Vision 2020 strategy aims to culti...
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... Governemt transformation programme. Retrieved from website: http://www.pemandu.gov.my/gtp/About_GTP-@-GTP_Overview.aspx
Razak, D. (2010). Tenth malaysia plan (2011-2015). Putrajava, Malaysia: Retrieved from http://www.pmo.gov.my
The Heritage Foundation. (2013). A new view of asia. Retrieved from http://www.heritage.org/research/reports/2013/10/a-new-view-of-asia
U.S. Commercial Service. (2010). Doing business in malaysia. Retrieved from website: http://www.buyusainfo.net/docs/x_9835943.pdf
U.S. Community Liaison Office. (2014). American embassy kuala lumpur welcome guide. Retrieved from http://malaysia.usembassy.gov/index.html
U.S. Department of State. (2013). Malaysia. Retrieved from http://travel.state.gov/content/passports/english/country/malaysia.html
Williamson, T. (2014). Culture of malaysia. Retrieved from http://www.everyculture.com/Ja-Ma/Malaysia.html
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