Melayu Economic Harmonization Policy: A Social-Economic Approach
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.
Keywords: Economic; Harmonization; Melayu; Policy
Document Type: Research Article
Affiliations: 1: School of Social and Economic Development, Universiti Malaysia Terengganu (UMT), Malaysia 2: School of Postgraduate Studies, STEI YPUP Makassar, Indonesia 3: Academy of Islamic Studies, Universiti Malaya, Malaysia
Publication date: 01 November 2017
- 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
- Access Key
- Free content
- Partial Free content
- New content
- Open access content
- Partial Open access content
- Subscribed content
- Partial Subscribed content
- Free trial content