What is Dasar Ekonomi Baru?

Question

What is Dasar Ekonomi Baru?

Answer 1

The NEP is basically affirmative action for the majority in the country. Simply put, the minorities & the not-so-well-connected suffer. Nuff said.

Answer 2

I'm agree with mei_zha.

Answer 3

New Economic Policy....(NEP)

The effect of whivh is:

The undeserved get the most wealth; the deserving ones get peanuts. OR

You do not have to work - what you need you just wait with open hands and they will be handed to you on a platter...

Not very popular, even to the beneficiaries it intended to help...

Answer 4

DEB..... bermaksud more debt,,,.. ahahahah

Answer 5

The Malaysian New Economic Policy (NEP or DEB for Dasar Ekonomi Baru in Malay), is an ambitious and controversial socio-economic restructuring affirmative action program launched by the Malaysian government in 1971 under the then controversial Prime Minister Tun Abdul Razak. The NEP ended in 1990, and was succeeded by the National Development Policy in 1991. Although the NEP was hailed in some quarters as having reduced the socioeconomic disparity between the Chinese minority and Malay majority, others accused it of having reduced non-Malays to the status of second-class citizens by cementing ketuanan Melayu (Malay supremacy). The NEP is often invoked as part of the Malay Agenda, which is in turn part of the Malaysian social contract granting Malays special rights in return for citizenship for non-Malays.