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Essay's paper info
Topic: |
Business
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Number of pages / Number of words: |
8 / 2218 |
Essay's paper body
Due to limited
resources and capacity in capital accumulation and stiff competition in
attracting foreign investments, the government decided to shift the
economic growth strategy from input-driven to productivity-driven by
enhancing the contribution of TFP from 28.7 percent of gross domestic
product (GDP) in the Sixth Malaysia Plan period (1991-1995) to 41...
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The TFP is
expected to grow from 2.5 percent in the Sixth Malaysia Plan period to
3.3 percent in the Seventh Malaysia Plan period. But the policy to shift
to the productivity?? driven strategy was severely affected by the East
Asian financial crisis which occurred at the end of 1997. As a result,
during 1996-2000 TFP grew at only 1...
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