The National Mission of Malaysia

Tags: capital

A common goal that might have united the country has been long and eagerly discussed in Ukraine. To my mind Malaysian experience appears to be useful in this discussion for the latter had developed the National Mission 2006-2020 back in the early eighties.

The National Mission of Malasia 1aims at attaining the status of a developed economy by 2020 and “comprises five “thrusts”2:

First Thrust: To move the economy up the value chain.

The Government aims to increase the added value of existing economic sectors as well as generate new knowledge-intensive activities and to raise employment in ICT, biotechnology and services. The Government will also build up a proper environment which will encourage the private sector to take a leading role in the country’s economic development.

Second Thrust: To raise the country’s capacity to adopt knowledge, creativity and innovation as well as to nurture ‘first class mentality’ .

Malaysia’s future success depends on the quality of its human capital, not only in terms of intellect but also character. Therefore, the Government aims to undertake comprehensive improvement of the country’s educational system, from pre-school to tertiary and vocational institutions. A more enabling environment will also be fostered to encourage the R&D. At the same time, heavier emphasis will be placed on the shaping of values to create more well-rounded individuals.

Third Thrust: To address persistent socio-economic inequalities constructively and productively.

The Government strongly believes in eradicating poverty, generating more balanced growth and ensuring the benefits of growth are enjoyed by the Malaysian people in a fair and just manner.

Fourth Thrust: To improve the standard and sustainability of the quality of our life.

The Government will continue to provide for basic needs such as water, energy, housing, transportation and other amenities but more emphasis must now be placed in addressing issues related to maintenance, upgrading and efficient usage of resources.

Fifth Thrust: To strengthen the country’s institutional capacity for better strategy implementation.

The success of our plans rests on our ability to implement. As such, the Government aims to improve the public services delivery system at various levels. The Government will also address issues related to corruption and integrity in the public sector, the private sector and among the general public.

I would like to focus on some of the above points:

  1. Mission 2020 is well detailed in facts and figures. It is well known that we can call a nation “developed” provided per capita national income exceeds $11 45633. At the moment Malasia has only covered half-way to reach that level and it’s on record, too (regrettably, Ukraine can so far provide for only a half of Malasian level44). That is to say, to attain the set goal Malasia will have to secure 7,5% of annual growth in the course of the next eleven years.
  2.  I personally am glad to find it approved that the developed economy status can be achieved provided the society is in possession of “human capital” that is brainy, handy and - most importantly – of moderate nature. (Second Thrust).
  3.  All in all, while speaking of strategies, the Malasian point of view admits that they are not the biggest point in the issue (however strict and measurable they might be), but their implementation (Fifth Thrust) – that’s what really counts …

Bibliography cited:

1http://www.pbase.com/bmcmorrow/image/83099611
2http://www3.pmo.gov.my/RancanganWeb/Rancangan1.nsf/MisiNasionalEng?openForm
3http://biz.thestar.com.my/news/story.asp?file=/2009/5/16/business/3910752&sec=business
4http://data.un.org/CountryProfile.aspx?crName=Ukraine

Source  innovations.com.ua .

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