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Salient. Victoria University Student Newspaper. Vol. 38 No. 22. September 11, 1975

7-6-75 — Over-dependence on Rubber

7-6-75

Over-dependence on Rubber

Tun Razak said, 'We all know that nearly half of the people in this country are involved in rubber production and a one-cent drop in the price will cause the country to lose about $25 million a year in foreign exchange.' (NB - This brings up the question of why Malaysia's economy depends solely on cash crops and natural resources of which over 60% is foreign owned Isn't it this essentially a neo-colonial position?)