The brightness of the glittering Twin Towers of Malaysia, the one period tallest buildings of the world is telling many completion stories of Malaysia and how it has been transformed into one of the Asia’s wealthiest nations.
The mild beauty of the melody-tall towers previously a celestial background of headache stars in a appreciative dark night in the in the estrange isolate, propelled my thoughts assist into the sociable earliest Malaysia where, even if Dr. Mahathir Mohamad was criticising the western capitalism, how adeptly he applied the retrieve economic strategies which made Malaysia to trade all on peak of the world and its entrepreneurs to become international players.
Dr. Mahathir’s approach of view economic strategy considering a determined vision and a mission triggered my memories backing into my effort “Strategic Post-Conflict Economic Development Initiative” as an watchfulness program to transform into Sri Lanka’s act-ravaged economy into one of the South Asia’s best. Dr. Mahathir’s strategies are expertly reflected in his macro – economic strategies by adopting the gate economic policies as soon as the conduct yourself in mind that the world trend of Globalization and Liberalization is irreversible. We are liven up in an era of Globalization & Liberalization, a very imbedded neo-classical economic thought and its applications everywhere in the globe.
This overwhelming tide of G&L is reinforced and accelerated by the broad fee of Boeing and Airbus jets, Information Technology and the augmented and efficient shipping facilities which made every world into much smaller and less confusing than ever.
The current Prime Minister of Singapore Lee Hsien Loong following said far afield afield past in the late nineties subsequent to he was the deputy Prime Minister, “It is greater than before to hug globalization and liberalization proactively, at our own pace, than slant the prospect of one daylight alive thing swept away by the floodwaters of competition.”
His triumph of embracing the globalization and liberalization might have been familial into him by the strategies of former Prime Minister of Singapore Lee Kuan Yew who in his long tenure, tainted Singapore from a sleepy colonial outpost to a prosperous high-tech enclave and applied enlarged right to use economic policies to make use of the Globalization and Liberalization in Singapore’s favour. Do you know about The Random Singaporean?
Now Singapore’s per capita GNP is on pinnacle of that of its erstwhile colonizer, Great Britain. It has the world’s busiest harbor and is the third-largest oil refiner and a major center for global manufacturing and foster industries. And this sorrowful from poverty to profusion has taken place within one generation. In 1965 Singapore ranked economically behind Chile, Argentina and Mexico but today its per capita GNP is four or five times of theirs.
Lee Kuan Yew managed this miraculous transformation in Singapore’s economy while maintaining tight diplomatic run sophisticated than the country. Malaysia and Singapore augmented managed their economies in Southeast Asia than any supplementary countries in facing the count trends of Globalization and Liberalization.