Winds of Change: Malaysia's Economic Transition from Dr. Mahathir Mohamad to Abdullah Ahmad Badawi
This book analyses the Malaysian economy amidst the smooth transfer of power from Tun Dr. Mahathir Mohamad to Dato' Seri Abdullah Ahmad Badawi towards the end of 2003. With Abdullah at the helm, Malaysia's future is in good hands. The wave of globalization, the liberalization of markets and a maturing society in terms of political and social sophistication provide both opportunities and challenges for the nation. Abdullah has, in 2004, continued to build upon Dr. Mahathir's many achievements. At the same time, he has introduced and implemented strategies of his own to propel the nation forward in the 21st century. To achieve the goals of Vision 2020, there will be many obstacles that the nation will have to overcome. At a time of extraordinary change, Abdullah has emerged as a leader in his own right, steering the nation towards further socioeconomic growth with greater equity and national unity.
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Key Concerns of Malaysians
The Economic Environment in 2003
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Abdullah Ahmad Badawi achieve AFTA Asean Asean countries Bank Barisan Nasional billion budget deficits Bumiputera Bumiputera equity businessmen cent challenges Chinese civil servants civil service confidence corruption developing countries Dr Mahathir Mohamad economic growth efficiency especially foreign investment global globalisation goals government's greater Hence implementation important improve increase industrial countries international terrorism investors Iraq issues Kuala Lumpur liberalisation major Malays Malaysian economy meritocracy mindset Minister Abdullah Ahmad Minister Dr Mahathir multinationals multiracial national unity Navaratnam non-Bumiputeras political poor countries poverty Prime Minister Abdullah Prime Minister Dato Prime Minister Dr Prime Minister's priority private sector productivity projects promote public service Rafidah Aziz reduce rich and powerful rich countries Seri Abdullah Ahmad service sector Singapore Singapore Issues SMIs socioeconomic Stimulus Package strategy strengthen sustainable Third World trade and investment U.S. dollar U.S. economy Washington Consensus WTO negotiations