Malaysia’s 12th Plan: In search of a realistic new socio-economic strategy
murrayhunter.substack.com
Murray Hunter, Lim Teck Ghee and Ramesh Chander Introduction The Ismail Sabri govt and RM12 is a re-affirmation of the NEP and continuation of the existing approach to both macro-economic management and intervention in the economy. The great significance of the Pandora papers is that it is another sign that the NEP has skewed wealth creation towards an elite group within society. Since the formulation of the NEP, economic regulation has focused on redistributing wealth, rather than creating it. This was well hidden during the high GDP growth years but has become much more apparent during the slower growth rates of the last decade.
Malaysia’s 12th Plan: In search of a realistic new socio-economic strategy
Malaysia’s 12th Plan: In search of a…
Malaysia’s 12th Plan: In search of a realistic new socio-economic strategy
Murray Hunter, Lim Teck Ghee and Ramesh Chander Introduction The Ismail Sabri govt and RM12 is a re-affirmation of the NEP and continuation of the existing approach to both macro-economic management and intervention in the economy. The great significance of the Pandora papers is that it is another sign that the NEP has skewed wealth creation towards an elite group within society. Since the formulation of the NEP, economic regulation has focused on redistributing wealth, rather than creating it. This was well hidden during the high GDP growth years but has become much more apparent during the slower growth rates of the last decade.