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National Development Policy (Malaysia)

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Nation-Building · Treatise · 15 min read

Did the NEP Succeed After Twenty Years?

The original timeframe of the New Economic Policy had ended — was the fate of the Malays truly transformed?

In 1990, the New Economic Policy's report card revealed two outcomes: the poverty rate plummeted significantly, but the 30 per cent equity target was not met. The real question was not simply declaring success or failure, but who changed their destinies through schools and jobs, and who gained more from licenses, shares, and concessions.