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
Malaysia is a federal constitutional elective monarchy, and the only federation in Southeast Asia. The system of government is closely modelled on that of the Westminster parliamentary system, a legacy of British colonial rule.