Malaysia’s Experience with National Development Planning : Looking Back, Looking Ahead

Malaysia stands out for its strong economic performance and resilience over a period of sixty years which delivered rapid and inclusive economic growth to its diverse population. This paper describes and evaluates Malaysia’s experience with Nationa...

Full description

Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2022
Subjects:
Online Access:http://documents.worldbank.org/curated/en/099614005262236266/IDU0030be45b01bfc042740a2d20a9bc41bf1730
http://hdl.handle.net/10986/37505
id okr-10986-37505
recordtype oai_dc
spelling okr-10986-375052022-06-08T05:10:37Z Malaysia’s Experience with National Development Planning : Looking Back, Looking Ahead World Bank INCLUSIVE GROWTH ECONOMIC GROWTH NATIONAL DEVELOPMENT PLANNING (NDP) ECONOMIC TRANSFORMATION ASSESSMENT SOCIAL COHESION ENGAGEMENT NATIONAL PLANNING CONSULTATION REDISTRIBUTION OF INCOME POLICY PROMOTING UNITY HUMAN CAPITAL HUMAN RESOURCES Malaysia stands out for its strong economic performance and resilience over a period of sixty years which delivered rapid and inclusive economic growth to its diverse population. This paper describes and evaluates Malaysia’s experience with National Development Planning (NDP). It discusses Malaysia’s approach to national planning and how it has successfully driven economic transformation and helped strengthen social cohesion. In particular, it highlights the strengths of the NDP regime, including the strong political support, institutional consistency and the importance placed on engagement and consultation. The paper also highlights the remaining challenges, including effective implementation, institutional misalignments and resourcing challenges, set against a backdrop of rapid economic, social and political change. The results of the assessment should be of interest and relevance to the growing number of countries that have made (or are considering) a return to planning, or countries that are aspiring to undertake their economic transformation. 2022-06-07T18:01:16Z 2022-06-07T18:01:16Z 2021-03 Report http://documents.worldbank.org/curated/en/099614005262236266/IDU0030be45b01bfc042740a2d20a9bc41bf1730 http://hdl.handle.net/10986/37505 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Report Publications & Research Malaysia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic INCLUSIVE GROWTH
ECONOMIC GROWTH
NATIONAL DEVELOPMENT PLANNING (NDP)
ECONOMIC TRANSFORMATION ASSESSMENT
SOCIAL COHESION
ENGAGEMENT
NATIONAL PLANNING CONSULTATION
REDISTRIBUTION OF INCOME
POLICY PROMOTING UNITY
HUMAN CAPITAL
HUMAN RESOURCES
spellingShingle INCLUSIVE GROWTH
ECONOMIC GROWTH
NATIONAL DEVELOPMENT PLANNING (NDP)
ECONOMIC TRANSFORMATION ASSESSMENT
SOCIAL COHESION
ENGAGEMENT
NATIONAL PLANNING CONSULTATION
REDISTRIBUTION OF INCOME
POLICY PROMOTING UNITY
HUMAN CAPITAL
HUMAN RESOURCES
World Bank
Malaysia’s Experience with National Development Planning : Looking Back, Looking Ahead
geographic_facet Malaysia
description Malaysia stands out for its strong economic performance and resilience over a period of sixty years which delivered rapid and inclusive economic growth to its diverse population. This paper describes and evaluates Malaysia’s experience with National Development Planning (NDP). It discusses Malaysia’s approach to national planning and how it has successfully driven economic transformation and helped strengthen social cohesion. In particular, it highlights the strengths of the NDP regime, including the strong political support, institutional consistency and the importance placed on engagement and consultation. The paper also highlights the remaining challenges, including effective implementation, institutional misalignments and resourcing challenges, set against a backdrop of rapid economic, social and political change. The results of the assessment should be of interest and relevance to the growing number of countries that have made (or are considering) a return to planning, or countries that are aspiring to undertake their economic transformation.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Malaysia’s Experience with National Development Planning : Looking Back, Looking Ahead
title_short Malaysia’s Experience with National Development Planning : Looking Back, Looking Ahead
title_full Malaysia’s Experience with National Development Planning : Looking Back, Looking Ahead
title_fullStr Malaysia’s Experience with National Development Planning : Looking Back, Looking Ahead
title_full_unstemmed Malaysia’s Experience with National Development Planning : Looking Back, Looking Ahead
title_sort malaysia’s experience with national development planning : looking back, looking ahead
publisher World Bank, Washington, DC
publishDate 2022
url http://documents.worldbank.org/curated/en/099614005262236266/IDU0030be45b01bfc042740a2d20a9bc41bf1730
http://hdl.handle.net/10986/37505
_version_ 1764487359452151808