New Economic Model Malaysia Pdf

The nem is one of four pillars of the government s blueprint in moving malaysia towards developed nation status.

New economic model malaysia pdf. To appreciate the significance of the new economic model nem we have to very briefly go back in time. However the policy has utterly failed to make an impact on income inequality. In march 2010 the prime minister of malaysia launched the first part of malaysia s new economic model nem. Malaysia new economic model 1.

The new economic model nem formulated by the national economic advisory council neac was launched by the prime minister on march 30 2010. Nem s goal is for malaysia to become a developed and. Strategic policy measures 3 december 2010 neac national economic advisory council jd135691 01 title page indd 1 11 30 10 10 27 03 pm. But to avoid confusing readers with contestations about malaysia s history this explana tion is heavily simplified 1.

In malaysia one of the key causes of income inequality stems from the rural urban. Part 1 new economic model for malaysia new economic model for malaysia part 1 high income rakyat quality of life inclusiveness sustainability neac national economic advisory council level 5 11 menara usahawan persiaran perdana precinct 2 national economic advisory council neac federal government administrative centre 62652 putrajaya malaysia www neac gov my. Malaysia s new economic model nem for forest industry. Hoping to eradicate this problem the malaysian government introduced the new economic model nem 4 in 2010 replacing the racially based new economic policy of 1969.

It also proposes a radical shift from the heavily pro malay affirmative action practices that have been in place since the 1970s to a more inclusive and race blind system. New economic model for malaysia concluding part. What factors to look at. It was developed following a series of meetings of the neac beginning in 2009 and consultations with stakeholders.

The author of both documents is the national economic adv isory council neac a c ouncil of 12. New economic model for malaysia concludin g p art neac jd135691 00 cover indd 1 11 30 10 11 19 00 pm. This report presents an overall framework of the nem for transforming malaysia from a middle income to an advanced nation by 2020. West malaysia or peninsular malaysia is a stretch of land sitting between thailand in the north and singapore in the.

It calls for a more liberalised economy and reduced government intervention. The new economic model nem implication on the higher education sector institute of strategic and international studies isis malaysia presentation at maref um public lecture 14 october 2010.