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The National Development Policy was a Malaysian economic policy introduced by Prime Minister Mahathir Mohamad. The objective was achieving economic growth, while ensuring that accrued benefits reached all sections of society.[1] The National Development Policy replaced the New Economic Policy (NEP) in 1990 but continued to pursue most NEP policies of affirmative action for bumiputera. The Malay share of the economy, though substantially larger, was not near the 30% target according to government figures. In its review of the NEP, the government found that although income inequality had been reduced, some important targets related to overall Malay corporate ownership had not been met. This policy was adopted in 1991 for a period of 10 years and it was succeeded by the National Vision Policy (NVP) in 2001.
ReferencesEdit
^Yusof, Zainal Aznam; Bhattasali, Deepak. "Economic Growth and Development in Malaysia: Policy Making and Leadership" (PDF). The International Bank for Reconstruction and Development/The World Bank.
national, development, policy, this, article, relies, largely, entirely, single, source, relevant, discussion, found, talk, page, please, help, improve, this, article, introducing, citations, additional, sources, find, sources, news, newspapers, books, scholar. This article relies largely or entirely on a single source Relevant discussion may be found on the talk page Please help improve this article by introducing citations to additional sources Find sources National Development Policy news newspapers books scholar JSTOR August 2014 The National Development Policy was a Malaysian economic policy introduced by Prime Minister Mahathir Mohamad The objective was achieving economic growth while ensuring that accrued benefits reached all sections of society 1 The National Development Policy replaced the New Economic Policy NEP in 1990 but continued to pursue most NEP policies of affirmative action for bumiputera The Malay share of the economy though substantially larger was not near the 30 target according to government figures In its review of the NEP the government found that although income inequality had been reduced some important targets related to overall Malay corporate ownership had not been met This policy was adopted in 1991 for a period of 10 years and it was succeeded by the National Vision Policy NVP in 2001 References Edit Yusof Zainal Aznam Bhattasali Deepak Economic Growth and Development in Malaysia Policy Making and Leadership PDF The International Bank for Reconstruction and Development The World Bank Portals nbsp Malaysia nbsp Economics nbsp This Malaysia related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title National Development Policy amp oldid 1169476898, wikipedia, wiki, book, books, library,
