Malaysia’s New Economic Model : Is the Malaysian government serious about economic liberalisation

Wan Jan, Wan Saiful


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Dokumentart: Bericht / Forschungsbericht / Abhandlung
Institut: Friedrich-Naumann-Stiftung für die Freiheit
Schriftenreihe: Hintergrundpapier // Friedrich-Naumann-Stiftung für die Freiheit
Bandnummer: 2011, 14
Sprache: Deutsch
Erstellungsjahr: 2012
Publikationsdatum: 06.02.2012
Originalveröffentlichung: (2012)
SWD-Schlagwörter: Malaysia , Wirtschaftsfreiheit , Wirtschaftspolitik
DDC-Sachgruppe: Politik
BK - Basisklassifikation: 83.30 (Wirtschaftsentwicklung, Wirtschaftsstruktur: Allgemeines)
Sondersammelgebiete: 3.6 Politik und Friedensforschung

Kurzfassung auf Englisch:

In March 2010, the Prime Minister of Malaysia launched the first part of Malaysia’s “New Economic Model” (NEM). It calls for a more liberalised economy and reduced government intervention. 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. However, when the final part of the NEM was published in December 2010, the initial radicalism and boldness seem to have been watered down following pressure from Malay nationalists. Pro-Malay agenda reappeared. Several actions by the government indicated that they are not as committed to economic liberalisation as they claimed to be when the NEM was first announced. Nevertheless, overall, the NEM still promises significant steps towards the right direction. This paper provides an explanation of the NEM and a critical assessment of the politics around it.

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