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
Thailand experienced rapid economic growth between 1985 and 1996, becoming a newly industrialised country and a major exporter. Manufacturing, agriculture, and tourism are leading sectors of the economy. Among the ten ASEAN countries, Thailand ranks third in quality of life. and the country's HDI is rated as high.hailand had a 2013 GDP of US$673 billion (on a purchasing power parity [PPP] basis). Thailand is the 2nd largest economy in Southeast Asia after Indonesia. Thailand ranks midway in the wealth spread in Southeast Asia as it is the 4th richest nation according to GDP per capita, after Singapore, Brunei, and Malaysia.