This study examined the role the Malaysian government played in developing the Malaysian economy as a means to eliminating poverty and inequality and explored the lessons South Africa can learn from Malaysia's development experience. Under British colonial rule Malaysia developed a divided multi-ethnic society characterised by gross inequality and high levels of poverty. Jolted by the 1969 race riots and in a major departure from the laissez-faire economic policy, the government embarked on the New Economic Policy in 1970. This ambitious twenty-year social engineering plan ushered in greater state intervention in the economy. It greatly reduced poverty among indigenous Malays and made substantial progress towards achieving inter-ethnic economic parity.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:uwc/oai:UWC_ETD:http%3A%2F%2Fetd.uwc.ac.za%2Findex.php%3Fmodule%3Detd%26action%3Dviewtitle%26id%3Dinit_6887_1177061548 |
| Date | January 2005 |
| Creators | Simpson, Ralph Arthur |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Research Report |
| Format | |
| Coverage | ZA |
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