Economics Assignment, UiTM, Malaysia In terms of economic growth, the impacts of the crisis have been severe. The Malaysian economy contracted by 17.1 percent
| University | Universiti Teknologi MARA (UiTM) |
| Subject | Economics |
In terms of economic growth, the impacts of the crisis have been severe. The Malaysian economy contracted by 17.1 percent year-on-year in 2Q2020—the steepest amount since the aftermath of the Asian Financial Crisis in 1998.
Based on the statement above, it is known that the pandemic impact from Covid-19 had significantly affected the Malaysian economy to one of the worst in history after the Asian Financial Crisis back in 1998. With the downfall and recession in the condition of the economy, the Malaysian government implemented the Movement Control Order (MCO) as part of the initiative to curb the spread of Covid-19.
However, this action had taken a massive negative impact on the economic growth in Malaysia which include the events such as GDP growth, unemployment rate, purchasing power, and so on. Subsequent to this event, the government of Malaysia had been taking the necessary action through the expansionary fiscal policy and monetary policy to facilitate economic growth in Malaysia.
Stuck in Completing this Assignment and feeling stressed ? Take our Private Writing Services.
Get Help By Expert
Seeking Online Assignment Assistance in Malaysia? Get Expert Help at Assignment Helper MY for Your Economics Assignments! Score top grades at Universiti Teknologi MARA (UiTM) with our tailored solutions and timely delivery. Let our experienced writers handle your economics assignment while you focus on other priorities. Besides, this you also hire our experts for top Programming Assignment Help.
Recent Solved Questions
- Environmental Science Report, OUM, Malaysia When thinking about climate change, what is your main MANGETOUT MOMENT
- MPMA7113 Managerial Accounting – Assignment 1, CUM, Malaysia
- MBOC 7013: Financial Management Assignment, IUMW, Malaysia You are the Chief Investment Officer of an International Investment Firm
- Delivering Values for Customers Assignment, TU, Malaysia To create the most suitable STP and marketing mix strategies, the sales representatives of Mercedes Benz
- Hydrology Assignment, UITM, Malaysia Direct Runoff Hydrograph (DRH) was observed from the urbanized catchment and rural catchment less than 10% development
- Leadership and Organizational Behavior Assignment, UiTM, Malaysia Which leadership approach/s would you personally employ or apply at work? why? This is an academic paper
- TAXATION I Assignment, UM, Malaysia Akta Cukai Pendapatan 1967 menyatakan mengenai pekerja asing atau orang yang berhak memiliki status
- Group decision-making is increasingly the primary means for most contemporary business firms: Organizational Behaviour Assignment, UTM, Malaysia
- Game Programming Assignment, TARC, Malaysia You display a jumbled letter and ask the user to guess the word. For example, the word displayed is H F C L E E U R
- Environmental Science Assignment, UON, Malaysia Each group are required to elaborate on how the greening and sustainability of the Malaysian waste sector can be strategically enhanced
