“The Malaysian economy expanded strongly by 5.9% during the fourth quarter of 2017 (Q4 2016: 4.5%). Growth was supported by domestic demand, particularly private sector spending. On the supply side, all sectors registered a positive growth except mining and quarrying. For the year, the economy grew 5.9% (2016: 4.2%), surpassing the earlier estimation of 5.2% – 5.7%.
(http://www.treasury.gov.my/pdf/ekonomi/suku_tahunan/sukutahun4_2017.pdf)
Based on the above statement:
·explain the factors that have influenced the economic direction of Malaysia;
·analyse the policies adopted by the Malaysian government to achieve the above growth rate.
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