Malaysia—History
Malaysia is one of the most developed countries in Southeast Asia, surpassed in per capita income only by Singapore and the small but oil-rich sultanate of Brunei Darussalam. In developing its economy, Malaysia traditionally relied on commodity exports of rubber, tin, palm oil, and petroleum. More recently, however, it gained competitiveness in export manufactures, especially in the electronics sector. Malaysia's mines and plantations have thus been transformed into urban high-rises, industrial estates, and middle-class housing tracts.
Over the past few decades, this rapid economic development has distinguished Malaysia in the region, capturing the attention of economists seeking strategies for eradicating poverty,.....
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