Malaysia's sustainable economy

http://biz.thestar.com.my/news/story.asp?file=/2011/9/17/business/9511941&sec=business

Personally, as a student from Malaysia, I think that Malaysia can achieve this economic growth mainly because of this few principles taken:

1. More freedom and less restriction from the planning of government. Government could not possibly know every minute details about the market. Freedom is given to the people and allow them to do whatever they want in order to maximize their profits. In few years back because of the affirmative actions in policy making, businesses for certain type of people are restricted. Now, as there is a greater realization that becoming rich does not come in the expenses of others, policies made have become more merit-bases, allowing everyone to work to maximize their profits. Though there is still planning from the government, a more optimal market is created based on this principle.

2. Prime minister of Malaysia has been visiting to several countries, including Japan, China and UK in order to strengthen the current business relationship between Malaysia and foreign countries. Malaysia relies heavily on foreign investments and international trades become integral for malaysia's economic growth. Malaysia is rich in natural resources like trees and petroleum, has relatively cheap labors, and is advance in technology. These give us the advantage as we are able to process these raw material rather cheap and efficient.

3. The latest MRT system build in the capital city of Malaysia is going to improve the economy of the country as it allows a greater movements of the people across the borders and cities. It improves the productivity of the people by allowing them to move freely from their residential area to working zones in the least amount of time and money, and subsequently improves the GDP per capita.