American Cultural Values Gary R. Weaver, Ph.D. This piece was originally published in Kokusai Bunka Kenshu (Intercultural Training), Winter, 1997, Vol. 14, pp. 14-20. This revised version was published in Kokusai Bunka Kenshu (Intercultural Training), Special Edition, 1999, pp. 9-15.
The economy of Malaysia is the 4th largest in Southeast Asia, and is the 35th largest economy in the world. Malaysian labour productivity is significantly higher than neighbouring Indonesia, Philippines or Vietnam due to a high intensity of knowledge-based industries and adoption of cutting edge technology for manufacturing and the digital economy. According to the Global Competitiveness Report 2017, the Malaysian economy is the 23rd most competitive country in the world in the period of 2017-20
Background: Malaysia is a multi-ethnic and multi-religious country in Southeast Asia and one of the wealthiest and most developed countries, outranked in GNP only by Singapore and oil-rich Brunei. The Federation of Malaya became an independent country on 31 August 1957.