What type of economy does the maldives have?

Answer 1

Malaysia is a Newly Industrialized County (NIC). It's current GDP per capita is $14,400 (2007 est.). Malaysia is the 29th largest economy in the world by purchasing power parity with gross domestic product for 2007 was estimated to be $357.9 billion. It's GDP growth rate is 5% to 7% since 2007.

Malaysia was one of the South East Asian countries that experienced rapid economic growth in the early 90's and dubbed as one of the Asian Tiger Economy.

Though this did not last long. Malaysia was hit in the Asian Financial Crisis in 1997, but quickly recovered by about 2001. Malaysia was among the first to recover from the crisis, mostly by refusing aid from the World Bank. Malaysia had never attain it's previous average GDP growth of 9% since.

Malaysia has a very diversified economy, blessed with abundant Natural Resources. Manufacturing has a large influence in contributing economic growth. As one of three countries that control the Straits of Malacca, international trade plays a large role in its economy.

Due to steady economic growth, Malaysians enjoy a considerably comfortable life. With HDI index of 8.11 and poverty is low at 3.5% (2007 est.)

Answer 2

By all measures, the economy of Malaysia is transforming itself into one of leading ones in southeast Asia. Malaysia's exports in energy products has helped it to obtain capital to create more hi tech industries. It has a good food supply and its primary basis in services and commodity exports helps to fuel the economy. It appears to become a major economic leader in this part of the world.

Answer 3

Very diversity economy

Answer 4

Mixed