On 30 March 2010 Prime Minister Najib Razak unveiled his New Economic Model (NEM) for Malaysia. With the goal of increasing per capita incomes over $ 15,000 in 2020 to improve from the current level of $ 6,634, inclusive of the plan relating to human capital, migration and privatize inefficient government linked corporations (GLCS). However, the most controversial part of the NEM was the dismantling of the New Economic Policy (NEP), an affirmative action program for native Malays, who had Allevi … Read more »

On 30 March 2010 Prime Minister Najib Razak unveiled his New Economic Model (NEM) for Malaysia. With the goal of increasing per capita incomes over $ 15,000 in 2020 to improve from the current level of $ 6,634, inclusive of the plan relating to human capital, migration and privatize inefficient government linked corporations (GLCS). However, the most controversial part of the NEM was the dismantling of the New Economic Policy (NEP), an affirmative action program for native Malays, the ethnic tensions and lower inter-racial income inequality alleviated over the past 40 years, but some were argued at the expense of promoting corruption .
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from
Diego Comin,
John Abraham
Source: Harvard Business School
34 pages.
Release date: 07 April 2010. Prod #: 710033-PDF-ENG
Malaysia: People First? HBR case solution

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