The impact of economic openness on the value of GDP for Malaysia For the period 1980-2011 Empirical Study | ||
| Muthanna Journal of Administrative and Economic Sciences | ||
| Article 1, Volume 3, Issue 5, April 2013, Pages 187-206 | ||
| Authors | ||
| Ghassan Tariq Zahir; Adnan Dawood Athari | ||
| Abstract | ||
| Refers to the orientation towards the global market economy, and to make way for foreign investment and foreign trade, while indicating closure to the reverse, also includes openness to allow domestic capital and foreign growth, horizontal and vertical, and involves the concept of openness to suggesting that type of conviction among multiple options, Although the introduction of this policy is a conviction among the rulers more than it is a popular demand, and it should be noted that the concept of economic openness is associated more or less the principle or policy of economic freedom, or what is known under the slogan (laissez-faire, let him pass), this principle, which appeared In the Middle Ages by Alvezoukrat (natural), in these words the four greatest legacy of Fazoukrat, which refers to be a call for joint action against government intervention in any form for any social purpose, let the things that in a wider field of unimaginable (), as they impose several restrictions on trade, has directed traders in that era to raise the slogan (called Trade and will), this principle, which appeared in the Middle Ages, where it was imposed numerous restrictions on trade, and when he asked the Minister of French traders for their demands answered one of them (let the trade and would) and since then has become the phrase expresses the general policy thrust the government should not interfere in the economic life of individuals (2). | ||
| Keywords | ||
| The term refers utter openness Openness is the opposite of isolation; and economic sense; Openness | ||
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