Malaysian New Economic Policy

The New Economic Policy (NEP) (Malay: Dasar Ekonomi Baru (DEB)) was a social re-engineering and affirmative action program formulated by the National Operation Council (NOC) [Malay: Majlis Gerakan Negara (MAGERAN)] in the aftermath of 13 May 1969 racial riot in Malaysia. This policy was adopted in 1971 for a period of 20 years and it was succeeded by the National Development Policy (NDP) [Malay: Dasar Pembangunan Negara (DPN)] in 1991. This page looks into the historical context that give rise to the formulation of this Policy, its objectives and implementation methods as well as its impact on the Malaysian economy in general.

Malaysian New Economic Policy

The New Economic Policy (NEP) (Malay: Dasar Ekonomi Baru (DEB)) was a social re-engineering and affirmative action program formulated by the National Operation Council (NOC) [Malay: Majlis Gerakan Negara (MAGERAN)] in the aftermath of 13 May 1969 racial riot in Malaysia. This policy was adopted in 1971 for a period of 20 years and it was succeeded by the National Development Policy (NDP) [Malay: Dasar Pembangunan Negara (DPN)] in 1991. This page looks into the historical context that give rise to the formulation of this Policy, its objectives and implementation methods as well as its impact on the Malaysian economy in general.