Course: Bachelor of Tourism and Hospitality Management
Subject: Economics & Global Impacts (MAN503)
Date: 15th May 2013
Lecturer: Craig Kingsley
Tutor’s Name: Marcela Fang
Title: The GDP in emerging countries
Table of Content
Executive Summary ----------------------------------------------------------- 3
1. Introduction
1.1 Why considering Malaysia as a developing country? -------------- 4
2. GDP of the country for the most recent year that data is available
2.1 Total amount of GDP
2.2 Amount of spending in term of:
2.2.1 Consumption (C)
2.2.2 Investment (I)
2.2.3 Government spending (G) & Tax (T)
2.2.4 Exports (X)
2.2.5 Imports (M) ----------------------------------------------- 5
3. Graph of GDP growth for the country for the past ten years ---------- 6
4. Analysis of Business Cycle ------------------------------------------------ 7 – 8
5. Considering Government Spending (G) for the past ten years -------- 8
6. Conclusion ------------------------------------------------------------------- 8
7. Reference List --------------------------------------------------------------- 9 -10
Executive Summary
This report will be discussing an emerging or developing country. Malaysia will be chosen for this report as it is a developing country but in a rather slow pace because of the current issues happening and also large amount of government spending for major projects.
This report analyse the country’s economy and its business cycle for the past ten years and also will be discussing if the government have a deficit or surplus budget. The information used was mainly from economic websites about the country and also a little of previous experience. On the other hand, the limitation for this report is the lack of information is the country’s GDP growth rate figures.
Malaysia is on the upper middle class based on the income level which is USD $8,770 billion per capita which is not a