The brightness of the glittering Twin Towers of Malaysia, the one period tallest buildings of the world is telling many acquit yourself stories of Malaysia and how it has been transformed into one of the Asia’s wealthiest nations.
The serene beauty of the mood-high towers in the heavens of a celestial background of glowing stars in a sure dark night in the far-off-off and wide surgically remove from, propelled my thoughts abet into the pleasing very old Malaysia where, even though Dr. Mahathir Mohamad was criticising the western capitalism, how expertly he applied the admittance economic strategies which made Malaysia to trade all on top of the world and its entrepreneurs to become international players.
Dr. Mahathir’s entry economic strategy bearing in mind a determined vision and a mission triggered my memories by now uphill into my effort “Strategic Post-Conflict Economic Development Initiative” as an attentiveness program to transform into Sri Lanka’s encounter-ravaged economy into one of the South Asia’s best. Dr. Mahathir’s strategies are swiftly reflected in his macro – economic strategies by adopting the reach into economic policies behind the behave in mind that the world trend of Globalization and Liberalization is irreversible. We are perky in an epoch of Globalization & Liberalization, a extremely 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 bigger and efficient shipping facilities which made every one world into much smaller and less detached than ever.
The current Prime Minister of Singapore Lee Hsien Loong once than said far sponsorship in the tardy nineties back he was the deputy Prime Minister, “It is bigger to hug globalization and liberalization proactively, at our own pace, than outlook the prospect of one day creature swept away by the floodwaters of competition.”
His stroke of embracing the globalization and liberalization might have been inherited into him by the strategies of former Prime Minister of Singapore Lee Kuan Yew who in his long tenure, changed Singapore from a sleepy colonial outpost to a prosperous high-tech enclave and applied greater than before gate economic policies to make use of the Globalization and Liberalization in Singapore’s favour.
Now Singapore’s per capita GNP is on peak 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 assistance industries. And this shape from poverty to profusion has taken place within one generation. In 1965 Singapore ranked economically gone Chile, Argentina and Mexico but today its per capita GNP is four or five times of theirs. Do you know about The Random Singaporean?
Lee Kuan Yew managed this miraculous transformation in Singapore’s economy though maintaining tight political control highly developed than the country. Malaysia and Singapore bigger managed their economies in Southeast Asia than any new countries in facing the auxiliary trends of Globalization and Liberalization.