There are few countries which have maintained the economic growth from the past four decades. Such country which has maintained the economic growth is Malaysia. At times some substantial structural transformation’s economy of agriculture and resources are seen. The process has resulted Malaysia becoming one of the upper middle income country.

The per ca pita income in Malaysia at current exchange rate during 2008$8,210 and a total GDP of $222 billion. At present Malaysia has ranked one of the ten most competitive nations by the World competitiveness report of IMD. The present policymakers are concerned about the present growth and are not thinking of their past achievements.

The export dependence of Malaysia will be on US,Europe and Japan for the social and economic development. By the year 2020 Malaysia’s aim is to become one of the high income country with per ca pita income of $15,000. The government of Malaysia is concentrating the substantive economic,followed by social and governance reforms. However Malaysia has to face competition from countries like China,Singapore and Vietnam for its emergence.