| ID | 125282 |
| Title Proper | Malaysia's transformation |
| Other Title Information | propelling Malaysia to developed nation status |
| Language | ENG |
| Author | Razak, Dato' Sri Najib Tun |
| Publication | 2013. |
| Summary / Abstract (Note) | Malaysia has one overarching and transformative policy objective: to achieve high income and developed nation status by the year 2020. High income nations, as defined by the World Bank, are those with a gross national income per capita of US$12,480 or more in 2011. Malaysia's per capita income now stands close to US$10,000 and the aim is to increase it to US$15,000 by 2020. My view is that developed nations should also meet a number of other important benchmarks. For instance, a nation's wealth must be reasonably distributed, not concentrated in the hands of the elite; physical and social infrastructure must be robust; and, most importantly, a developed country should be democratic and respect basic freedoms. |
| `In' analytical Note | Harvard International Review Vol.35, No.2; 2013: p.26-27 |
| Journal Source | Harvard International Review Vol.35, No.2; 2013: p.26-27 |
| Key Words | Economic Development ; Economic Strategy ; Growth Strategy ; Economic Reforms ; Growth Policy ; Malaysia ; Economic Liberty ; Economic Power ; Political Empowerment |