APPLICATION OF MALAYSIA’S DEVELOPMENT CYCLE TO THE CAMEROONIAN ECONOMY Abstract This paper detailly analyzes the processes or phases Malaysia has gone through from the time it achieved independence in 1957, using Rostow’s Growth model. It attempts to unveil the arms employed by Malaysia to become a ‘Newly Industrialized Country (NIC)’. The second section of this write-up attempts solutions that could be envisaged by the Cameroonian government in order that Cameroon, which got independence a few years later than Malaysia (1960), could become as prosperous as Malaysia which is barely a few years older in terms of independence, but the two economies are as contrasting as day and night. Introduction All through the analysis, we shall come across the term ‘development’, so we must ask ourselves; ‘What is development?’ answering this question will help us in better appreciating the magnitude of the research. Development is defined as being a multi-dimensional process which in...
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