FINANCE - Growth Theory

Today just when I was reading through my CFA Level 2-Equity Investment, I came across this paragraph of Growth Theory, which I would like to share with everyone.

GROWTH THEORY
"If we're doing a global industry analysis and looking for factors that distinguish high growth economies, we want to look for countries that do one or more of the following:

1. Encourage high savings and high capital investment rates
2. Emphasize the development of human capital
3. Stablize the macroeconomic environemnt through balance budgets and tight monetary policy
4. Encourage free trade
5. Provide an adequate legal system
6. Encourage low population growth
7. Foster technological advancement, particularly in wealthy countries
8. Borrow technology in poorer countries

Countries that succeed in implementing these policies usually reap large economic rewards in form of high economic growth."

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In my opinion, Singapore has fulfilled most of these conditions. How about our own Malaysia? How does she fare in these areas...