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Malaysia: Countries
built 223 days ago
Some of Malaysia's environmental issues are water pollution from raw sewage. The country’s issues regarding the air include the smoke and haze from Indonesian forest fires, and air pollution from industrial and vehicular emissions. There is ... deforestation.
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Malaysia is one of the most pleasant, hassle-free countries to visit in southeast Asia. It's buoyant and wealthy, and has moved towards a pluralist culture based on a vibrant and interesting fusion of Malay, Chinese, Indian and indigenous cultures and customs. Parliament House, (see picture) is the symbol of democracy in Malaysia.
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Malaysia does not have the grand, ancient ruins of neighbouring Thailand, but its rich cultural heritage is apparent, both in its traditional kampung (village) areas and in its commitment to religious plurality. The dominant cultural force has undoubtedly been Islam, but the country's diverse population of indigenous Malays, Chinese and Indians has spawned a fabulous juxtaposition of mosques, temples and churches, a panoply of festivals and a wonderful mixture of cuisines. In addition, Malaysia boasts fine beaches, as well as some of the world's oldest tropical rainforest and most spectacular cave systems.
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Malaysia has exploitable resources which include the fossil fuels petroleum and natural gas. Some of the metallic resources for this country are tin, copper, iron ore and bauxite. Timber is ... a natural resource.
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Malaysia, a middle-income country, transformed itself from 1971 through the late 1990s from a producer of raw materials into an emerging multi-sector economy. Growth was almost exclusively driven by exports - particularly of electronics. As a result, Malaysia was hard hit by the global economic downturn and the slump in the information technology (IT) sector in 2001 and 2002. GDP in 2001 grew only 0.5% because of an estimated 11% contraction in exports, but a substantial fiscal stimulus package equal to US $1.9 billion mitigated the worst of the recession, and the economy rebounded in 2002 with a 4.1% increase. The economy grew 4.9% in 2003, notwithstanding a difficult first half, when external pressures from Severe Acute Respiratory Syndrome (SARS) and the Iraq War led to caution in the business community. Growth topped 7% in 2004 and 5% in 2005.
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In 1970s, Malaysia began to imitate the footsteps of the original four Asian Tigers and committed itself to a transition from being reliant on mining and agriculture to an economy that depends more on manufacturing. With Japanese investment, heavy industries flourished and in a matter of years, Malaysian exports became the country's primary growth engine. Malaysia consistently achieved more than 7% GDP growth along with low inflation in the 1980s and the 1990s.
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