I Overview
Author: Mrs. O. Liu


As an emerging market economy, Malaysia is clearly a success story. During the past three decades, the Malaysian government has implemented a number of medium- to long-term development plans, starting with the 20-year New Economic Policy—a development plan that strived for greater economic well-being for the ethnic Malays, or bumiputras—and followed by the National Development Policy in the early 1990s. More recently, the Third Outline Perspective Plan provides the general thrust of Malaysia’s development strategy for the period 2001–10.

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