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Malaya - The economy of the federation of Malaya (English)

This report provides a review of the economy of Malaya as of 1958. Malaya was among the most prosperous in Asia. The country's financial position was strong. The structure of the Federation's economy was not likely to change radically in the foreseeable future, and therefore the economic prospects depend to a large extent on the outlook for rubber and tin. The total world demand for rubber was expected to increase more rapidly than production of natural rubber and the market prospects for natural rubber were therefore favorable. During 1958 export earnings were to decline significantly due to a fall in rubber prices resulting from depressed world markets and from restrictions on tin exports. The government was pursuing a moderate policy with regard to private enterprise and foreign investment and was moving toward a national policy in all spheres very gradually.

Details

  • Document Date

    1958/09/12

  • Document Type

    Pre-2003 Economic or Sector Report

  • Report Number

    FE5

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Malaysia,

  • Region

    East Asia and Pacific,

  • Disclosure Date

    2010/06/12

  • Disclosure Status

    Disclosed

  • Doc Name

    Malaya - The economy of the federation of Malaya

  • Keywords

    high rate of population growth;balance of payment;money supply;rate of income tax;gross value of minerals;cost of living index;collection of import duty;collection from income tax;assets at market value;gross national product;per capita income;foreign exchange income;terms of trade;dollar area;external public debt;fruit and vegetable;rise and fall;domestic price level;per capita gnp;rate of growth;currency in circulation;agriculture and forestry;iron ore;foreign exchange payment;measure of compromise;amount of credit;source of financing;current account surplus;domestic food production;total public debt;asset and liability;Drainage and Irrigation;road development program;managers of bank;amount of duty;power generating capacity;foreign exchange holding;irrigation and drainage;current account deficit;increase in expenditure;decline in revenue;change in cash;total public expenditure;source of revenue;external debt service;growth in trade;pattern of expenditures;amount of fund;public health service;issuance of licenses;number of workers;public works program;large capital requirement;tin mine;export earning;sterling area;export earnings;foreign trade;export duties;internal debt;world market;invisible payment;timber product;sinking fund;palm oil;demand deposit;rubber prices;exchange control;coconut oil;export price;food crop;natural rubber;long-term capital;world demand;company profits;constant price;Bank Credit;budget expenditure;external loan;individual income;overseas bank;rice production;exchange standard;foreign enterprise;financing deficits;public revenue;oil palm;emergency conditions;short period;commercial bank;salt water;finance minister;industrial growth;financial facilities;institutional framework;banking system;lending practice;long-term loan;currency system;industrial labor;currency note;private capital;food category;trade balance;legal tender;rubber estates;steam locomotive;interest-free loan;food processing;grace period;productive land;excise tax;government income;individual sectors;iron mine;foreign asset;ore deposits;metallurgical fuels;domestic bank;steel industry;generally well;bank deposit;cash balance;primary producer;primary product;banking business;public development;managerial skill;government plan;price rise;emergency situation;long-term fund;government balance;accession clause;family worker;reserve fund;revolving fund;local bank;export boom;open economy;political pressure;financial operation;policy regard;Public Utilities;political factor;base metal;peak service;market gardening;plantation worker;national party;External Finance;exchange policy;internal finance;amortization payment;Commercial Banks;tin industry;light manufacturing;commercial agriculture;capital good;political stability;cultural community;extensive use;protective tariff;dairy product;import price;gradual decline;mineral fuel;banking activities;technical equipment;industrial finance;foreign transaction;consumer good;net import;specific duty;domestic consumption;ad valorem;import license;Capital Investments;competitive basis;export proceeds;total debt;heavy burden;administrative efficiency;political change;market condition;accurate information;unused land;agricultural expansion;investment increase;mineral production;public budget;debt position;lump sum;future payment;world production;tree crop;alternative crop;amortization schedule;consumer goods;transport equipment;postwar period;commercial activity;agricultural commodity;average age;fresh fruit;transmission system;guarantee price;milled rice;trade position;rice price;national language;general elections;foreign ship;capital account;total reserve;external grant;chargeable income;tax rate;investment cost;short-term movements;extension service;profit remittance;banking institution;foreign consultant;net payment;long-term borrowing;

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Citation

Malaya - The economy of the federation of Malaya (English). Asia series,no. FE 5 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/867961468045084833/Malaya-The-economy-of-the-federation-of-Malaya