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    Economic System: What Is

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    WilliamAruga
    The document compares Thailand and Malaysia across several economic and political factors that could impact a company's expansion efforts. For Thailand, the mixed economic system and constitutional monarchy were described, along with economic risks from high household debt and political risks from a recent coup attempt. Regarding Malaysia, the document outlines the free market system, monarchial political system, and potential economic impacts from pressure on the prime minister and political instability slowing investment. Sufficient research data is indicated to be available for analyzing both countries' economies.

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    Economic System: What Is

    Uploaded by

    WilliamAruga
    11 views3 pages
    The document compares Thailand and Malaysia across several economic and political factors that could impact a company's expansion efforts. For Thailand, the mixed economic system and constitutional monarchy were described, along with economic risks from high household debt and political risks from a recent coup attempt. Regarding Malaysia, the document outlines the free market system, monarchial political system, and potential economic impacts from pressure on the prime minister and political instability slowing investment. Sufficient research data is indicated to be available for analyzing both countries' economies.

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    The document compares Thailand and Malaysia across several economic and political factors that could impact a company's expansion efforts. For Thailand, the mixed economic system and constitutional monarchy were described, along with economic risks from high household debt and political risks from a recent coup attempt. Regarding Malaysia, the document outlines the free market system, monarchial political system, and potential economic impacts from pressure on the prime minister and political instability slowing investment. Sufficient research data is indicated to be available for analyzing both countries' economies.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    11 views3 pages

    Economic System: What Is

    Uploaded by

    WilliamAruga
    The document compares Thailand and Malaysia across several economic and political factors that could impact a company's expansion efforts. For Thailand, the mixed economic system and constitutional monarchy were described, along with economic risks from high household debt and political risks from a recent coup attempt. Regarding Malaysia, the document outlines the free market system, monarchial political system, and potential economic impacts from pressure on the prime minister and political instability slowing investment. Sufficient research data is indicated to be available for analyzing both countries' economies.

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    You are on page 1of 3

    1.

    Identify the two foreign countries you will be researching:

    Country 1: Thailand
    Country 2: Malaysia

    2. Complete this table comparing the two countries selected above.

    Country 1: Thailand Country 2: Malaysia

    Economic System: What is Thailand enjoys a mixed Malaysia has a free and
    the economic system in each economic system where there laissez-faire type of economic
    of the markets? is centralized economic system. The government takes
    planning coupled with control of national interests
    government regulation. such as wealth, food,
    Additionally, there is a investments, and national
    variety of freedom to conduct wealth
    business activities.

    Political System: What is the Thailand has a constitutional Malaysia’s political system is
    political system in each of the monarchy, whereby a monarchial, where the
    markets? hereditary monarch is the supreme head or king, known
    head of state and the prime as Yang di-Pertuan Agong
    minister heads the heads the state while the
    government. prime minister heads the
    government.

    Economic Risks: How might Weak private sector and a Malaysia is economically
    the economic risks in those high household debt which stable, hence suitable for the
    two countries impact the was at 80% of the GDP in expansion of the company but
    company expansion? 2018 could hinder economic the political climate caused a
    expansion. Therefore, the drop in the growth percentage
    company is skeptical about from 2018-2019. In such
    expanding in such an unstable unclear circumstances, the
    political climate. company cannot be expanded.

    Political Risks: How might Following an attempted There is immense pressure for
    the political risks in those two military coup in 2014, the prime minister to step
    countries impact the company Thailand has some potential down due to mismanagement
    business risks. Martial law in of funds. Such an aura of
    expansion?
    particular give security instability has stalled many
    personnel the power to censor crucial economic projects and
    the media, seize documents, scared off potential investors,
    and hole people they see as who could be crucial in the
    suspects without charge. This expansion of the company.
    will impact negatively on
    economic development. The
    company is thus unwilling to
    expand its operations.

    Research Data: Is there For Thailand, there is There is relevant research


    sufficient research data sufficient economic data for data available for Malaysia’
    available for each selected the country. Researchers like for instance, Toech (2017)
    Klinlampu et al. (2019) take it expounds on Malaysia’s
    country? Support your
    a step further by exploring the economy by exploring issues
    response with at least three country’s economic trends. like legal system, political
    scholarly resources you climate and tax rates. In the
    intend to use for this project. same way, Koen et al. (2017)
    explains the challenges
    companies might face when
    conducting business in the
    country.
    References

    Koen, V., Asada, H., Nixon, S., Rahuman, M. R. H., & Mohd Arif, A. Z. (2017). Malaysia’s

    Economic Success Story and Challenges.

    Klinlampu, C., Chaiboonsri, C., Saosaovaphak, A., & Sirisrisakulchai, J. (2019, January). An

    Analysis of The Impact of The Digital Economy on Change in Thailand’s Economic

    Trends Using Dynamic Stochastic General Equilibrium (DSGE). In International

    Conference of The Thailand Econometrics Society (Pp. 423-438). Springer, Cham.

    Toech, P. (2017, March 23). Legal Matters. The Business

    Year. https://www.thebusinessyear.com/malaysia-2017/legal-matters/interview

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