New Economic Policy Malaysia 1970

The main objective of the two economic policies is to eradicate poverty irrespective of ethnic groups. In a simple definition the new economic policy is malaysia s socioeconomic affirmative action plan. It is argued that neither of the above arguments are helpful in understanding the nep s impact.

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New Economic Policy

Malaysian Economic Policies 1970 2013 Astro Awani

New Economic Policy

Ethnic Inequality And Poverty In Malaysia Since May 1969 Vox Cepr Policy Portal

Malaysian Development Policies

Figures for the whole of malaysia including sarawak and sabah for i970 were.

New economic policy malaysia 1970. Malaysia s new economic policy growth and distribution. The politics of malaysia s new economic policy r s. This was to be achieved under four five year malaysia plan. Those who are poor must be assisted and equipped with training and necessary.

By 1970 for peninsular malaysia the malay figure had risen to about 53 while the other percentages had dropped slightly. Revisiting the debate malaysian journal of economic studies ol. The launching of the new economic policy nep in 1971 was a watershed in the malaysian economic policy history. Malaysia s new economic policy nep was announced in 1970 as part of a package of measures introduced after the political crisis of may 1969.

The new economic policy nep malay. It was implemented in 1971 in the aftermath of the 1969 racial riots and the period set for the implementation of nep was 1971 1990. It sought to eradicate poverty and restructure society to eliminate the identification of race with economic function in order to create the conditions for national unity. Shared by all the ethnic groups.

The new economic policy 1970 1990 in malaysia. The economic and political perspectives. The overriding objective of the nep was stated as national unity. Development and alternative consiousness.

International journal of law and social sciences 2 2 12 17. The new media and malaysian politics in historical perspective. The duration for the implementation of the new economic policy nep was 20 years from 1971 to 1990. Milne in spite of its title the new economic policy nep.

1 2016 53 this paper aims to revisit the latter debate while also touching on distribution insofar as it affects growth. Toward this end malaysia introduced the new economic policy 1971 90 followed by the national development policy 1991 2000. This policy was adopted in 1971 for a period of 20 years and it was succeeded by the national development policy ndp in 1991. Dasar ekonomi baru deb was a social re engineering and affirmative action program formulated by the national operations council noc in the aftermath of 13 may incident in malaysia.