Evaluating the Malaysian Economy 2009 2018 Growth Development and Policies UUM Press is popular PDF and ePub book, written by Irwan Shah Zainal Abidin in 2020-03-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Evaluating the Malaysian Economy 2009 2018 Growth Development and Policies UUM Press can be Read Online from any device for your convenience.
Evaluating the Malaysian Economy 2009 2018 Growth Development and Policies UUM Press Book PDF Summary
Malaysia was once on the cusp of becoming one of the ‘Asian Tigers’ as a result of the impressively high growth rates recorded in the early 1990s. From 1990 until 1997, the growth rate was above 9 percent per annum on average. This performance came to an end when the economy was struck by the 1997/98 Asian Financial Crisis, the worst economic crisis Malaysia has ever experienced since independence. Things eventually worsened with the onslaught of the 2008/09 Global Financial Crisis, which dragged the Malaysian economy yet into another round of a recession with the growth rate contracting at 1.5 percent in 2009. On hindsight, these two events, which have had a substantial impact on the state of the Malaysian economy, pointed to several urgent calls for economic reforms, such as the need to address structural weaknesses of the economy and to have a growth target which is both sustainable as well as inclusive. When Datuk Seri Najib Razak became the sixth Prime Minister of Malaysia from April 2009 until May 2018, it was clear that a new approach to economic development for Malaysia had to be crafted. Towards this end, he introduced the National Transformation Policy (NTP), so that the economy can be transformed into one that is of high-income and developed status by the year 2020. He also set a new vision for Malaysia, also known as the 2050 National Transformation, or TN50, which is meant to chart a new course for Malaysia to move into the second half of the 21st century. How successful is this transformational agenda? What are the other issues and challenges which need to be addressed? What important lessons can we learn from this transformational journey? This book is an attempt to address these specific questions by assessing Najib’s economic plans, policies, programmes and vision which evolved during the nine years of his term as the sixth Prime Minister of Malaysia.
Detail Book of Evaluating the Malaysian Economy 2009 2018 Growth Development and Policies UUM Press PDF
- Author : Irwan Shah Zainal Abidin
- Release : 01 March 2020
- Publisher : UUM Press
- ISBN : 9789672363149
- Genre : Business & Economics
- Total Page : 219 pages
- Language : English
- PDF File Size : 12,6 Mb
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