CHAPTER 1 : INTRODUCTION

Introduction Malaysian Economy

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CHAPTER 1 : INTRODUCTION Door Mind Map: CHAPTER 1 : INTRODUCTION

1. 4. ISLAMIC ECONOMIC GROWTH

1.1. CONCEPTS

1.1.1. 1. Follow the principles of social and economic justice

1.1.2. 2. Concepts of Halal and Haram is practiced in the economy

1.1.3. 3. Role of the state and the responsibilities of individuals are extremely important

1.1.4. 4. GOAL : To achieve the use and best alocation of resources to bring about economic growth and prosperity to the society

1.2. FACTORS CONTRIBUTING

1.2.1. 1. Human Resources

1.2.2. 2. Investible Resources

1.2.3. 3. Entrepreneurship

1.2.4. 4. Technological Changes

2. 5. ISLAMIC ECONOMIC DEVELOPMENT

2.1. OBJECTIVES

2.1.1. 1. Achieve Falah

2.1.2. 2. Equal Opportunities

2.2. ASPECTS

2.2.1. 1. The Divine and Its Creation

2.2.2. 2. The Material and Spiritual Need of Human Being

2.3. CONCEPTS

2.3.1. 1. Tauhid

2.3.1.1. a. Worship One God

2.3.1.2. b. Habluminallah

2.3.1.3. c. Habluminannas

2.3.2. 2. Rububiyyah

2.3.2.1. a. Allah most powerful Creator

2.3.2.2. b. Achieve Falah

2.3.3. 3. Khalifah

2.3.3.1. a. Leader of Caliphate

2.3.3.2. b. Ensure Prosperity Set by Shari'ah

2.4. DIMENSIONS

2.4.1. 1. Spritual

2.4.2. 2. Moral & Ethical

2.4.3. 3. Technological Dimension

2.4.4. 4. Social

2.4.5. 5. Environment & Physical

2.5. NEGATIVE IMPACTS

2.5.1. 1. Environmental Degradation

2.5.2. 2. Moral & Social Problems

2.5.3. 3. Poverty & Unequal Income Distribution

3. 6. MALAYSIAN ECONOMIC STRUCTURE

3.1. ECONOMIC STRUCTURE

3.1.1. PRIMARY

3.1.1.1. AGRICULTURE

3.1.1.2. MINIG & QUARRYING

3.1.2. SECONDARY

3.1.2.1. MANUFACTURING

3.1.2.2. CONSTRUCTION

3.1.3. TERTIARY

3.1.3.1. PUBLIC SERVICES

3.1.3.2. PRIVATE SERVICES

3.2. FACTORS CONTRIBUTING TO MALAYSIA'S STRUCTUAL CHANGES

3.2.1. 1. Change in Economic Policy & Develoment

3.2.2. 2. Unstable Agricultural Prices in International Market

3.2.3. 3. Industrial Sector Ability to Absorb Manpower & Solve Unemployment

3.2.4. 4. Availability of Resources for Industrial Sector

3.3. STRUCTUAL CHANGE IMPLICATIONS

3.3.1. 1. Increased in GDP & Reduced Poverty Level

3.3.2. 2. Reduced Dependency on Primary Sector

3.3.3. 3. Migration from Rural to Urban Area

3.3.4. 4. Change in Country's Foreign Sector

4. 2. ECONOMIC GROWTH

4.1. Factors contributing

4.1.1. a. Abundant Natural Resources

4.1.2. b. Newly-Industrialized and Diverse Market Economy

4.1.3. c. Young, Educated & Skillfull Labor Force

4.1.4. d. Infrastructure and Efficient Economic Organization

4.1.5. e. Inward Investment Level

4.1.6. f. Labor Mobility

4.1.7. g. Savings Levels

4.1.8. h. Corruption Levels

4.1.9. i. Political and Social Stability

5. 1. ECONOMIC PERSPECTIVE

5.1. CONVENTIONAL

5.1.1. MATERIALISM

5.2. ISLAMIC

5.2.1. ISLAMIC BELIEFS

6. 3. ECONOMIC DEVELOPMENT

6.1. POSITIVE CHANGES

6.1.1. SOCIO-ECONOMICS CHANGES

6.1.1.1. 1. Human Capital Development

6.1.1.2. 2. Infrastructure Development

6.1.1.3. 3. Regional Competitiveness

6.1.1.4. 4. Environment Sustainability

6.1.1.5. 5. Poverty Reduction

6.1.1.6. 6. Equitable Income Distribution

6.1.1.7. 7. Enhanced Healthcare

6.1.1.8. 8. Improved Safety

6.1.1.9. 9. Literacy Development

6.1.1.10. 10. Social Amenities (housing, water, electricity)

6.1.2. TECHNICAL CHANGES

6.1.2.1. 1. Technological Development

6.1.2.2. 2. Innovation

6.1.2.3. 3. Research

6.1.2.4. 4. Other Initiative

6.2. GOALS

6.2.1. 1. Improved in Per Capita Income

6.2.1.1. Poverty Reduction

6.2.1.2. Income Distriution Equality

6.2.2. 2. Quality of Life Improvement

6.2.3. 3. Reduced Imbalance in Regions Development

6.2.4. 4. Reduced Imbalance

6.2.5. 5. Improved Basic Needs

6.2.5.1. Food

6.2.5.2. Clothing

6.2.5.3. Shelter

6.2.6. 6. Solved Environment Problems

6.3. INDICATORS

6.3.1. 1. Rise in Standard of Living

6.3.1.1. i. Improved Social & Economic Condition

6.3.1.2. ii. Improved Employment Opportunities

6.3.1.3. iii. Rise in Productivity

6.3.1.4. iv. Acquisition of Knowledge

6.3.2. 2. Improvement in GDP Per Capita

6.3.3. 3. Increase in Literacy Rate

6.3.4. 4. Improved Healthcare

6.3.4.1. i. Longer Life Expectancy

6.3.4.2. ii. Health Services Improvement

6.3.5. 5. Sustainable Development

6.3.5.1. i. Environmental Conservation

6.3.5.2. ii. Resources Preservation For Future

6.3.5.3. iii. Abundance Future Resources

6.3.6. 6. Balance Development

6.3.6.1. i. Better Income Distribution

6.3.6.2. ii. Poverty Reduction

6.3.6.3. iii. Balanced Peninsular & East Malaysia Development

6.3.7. 5.

6.4. EFFECTS

6.4.1. 1. Long Term Environmental Implications

6.4.2. 2. Economic Problems

6.4.3. 3. Income Inequality

6.4.4. 4. Social Problems

6.5. ECONOMIC GROWTH