With 7 percent economic growth over the next two decades, China predicted will overtake the United States as a world economic superpower in 2020. Indonesia and Malaysia as the two Serumpun countries since 2006 has been tied to the CAFTA agreement with China and other ASEAN countries.
The rapid economic growth of China will bring major impacts on economics and politics in Indonesia and Malaysia. Indonesia and Malaysia are Serumpun but have a different basic and background of development and economic policy. As a result to face a global economic change, the two countries
of Malay react differently. This paper tries to analyze the strengths and weaknesses of these two Serumpun countries in terms of national economic policy to face the economic power of China in 2020 and then tried to harmonize the economic policies of both countries such as the two Serumpun
countries into a common economic policy, in social economic context.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
No Article Media
Document Type: Research Article
School of Social and Economic Development, Universiti Malaysia Terengganu (UMT), Malaysia
School of Postgraduate Studies, STEI YPUP Makassar, Indonesia
Academy of Islamic Studies, Universiti Malaya, Malaysia
Publication date: November 1, 2017
More about this publication?
ADVANCED SCIENCE LETTERS is an international peer-reviewed journal with a very wide-ranging coverage, consolidates research activities in all areas of (1) Physical Sciences, (2) Biological Sciences, (3) Mathematical Sciences, (4) Engineering, (5) Computer and Information Sciences, and (6) Geosciences to publish original short communications, full research papers and timely brief (mini) reviews with authors photo and biography encompassing the basic and applied research and current developments in educational aspects of these scientific areas.
- Editorial Board
- Information for Authors
- Subscribe to this Title
- Ingenta Connect is not responsible for the content or availability of external websites