Conclusion
Tun Dr. Mahathir Mohamad is surely the longest and successful Prime Minister that Malaysia ever has, servicing to the nation for the 22 years enough to put him among the longest Prime Minister that hold onto that position in this region. But does he is a great Malaysian leader? This paper will discuss what are among the criteria that can put him on the same level with the greatest leader that the world ever witness such as ......... To further discuss on this topic, this paper will review on what the orientalist and also the local authors have wrote about him throughout his career as a politician and as well as the Prime Minister of Malaysia. In order to narrow down the scope, this paper will focus on how Tun Dr.Mahathir manage the country in term of the economy and development of Malaysia, the foreign policies that has been made during his time and also the assertion of Mahathir’s power in administration.
After taking over the office on 1981, Tun Dr. Mahathir continues the second phase of the New Economic Policy that previously initiated by the second Prime Minister, Tun Abdul Razak. Under his time, Tun Dr. Mahathir has mentioned the objective of this second phase of NEP which is to produce more of Malay managers and entrepreneurs. Obviously there are voices that not satisfy with this policy especially Chinese and Indians since they gain a very little benefits from this new policy that focus on helping only Malay. However, Tun Dr. Mahathir stands with the decision explaining that this is the crucial way to bring out the Malay from the poverty.
During the implementation of the second phase of NEP, we can see FELDA, FELCRA and even PROTON have made a very good outcome in achieving the policy objectives in reducing...
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... Among the success of the Privatization policy are the North South Highway Project (PLUS) and Light Rail Transit (LRT) project that gave a very huge impact to Malaysia in several aspect. Through this policy also, by 1997 the total external trade reached more than 157 billion US Dollars, making Malaysia the 18th biggest exporting nation and the 17th biggest importing nation in the world, according to the World Trade Organization (WTO) [2].
One of Tun Dr. Mahathir greatest achievement is when he and his government manage to overcome the financial crisis during 1997 without relying on the International Monetary Fund (IMF). Mahathir maintained that any policy towards solving this crisis as put forward by the west would prove to be detrimental to developing countries. He implemented the unorthodox formula of selective exchange control, measures which were deemed minimal.
“ First they ignore you, then they laugh at you, then they fight you, then you win” (Mahatma Gandhi). Gandhi was born in 1869 in Porbandar. Throughout his life Gandhi helped those in need. He was taught that everyone and everything is holy. He married at the custom age of 19 and went to London to study law. The thing that helped Gandhi promote nonviolence is that he worked his entire life saying that violence didn’t change the way people acted. He lived his life saying that an eye for an eye only made the whole world blind. Gandhi’s nonviolent movement worked because he had something to prove and everyone else in the world agreed with him.
In this age of change, the international financial is progressing promptly on various fronts, such as the International Monetary Fund (IMF) play a pivotal role in international financial system. Yet at the same time, many criticisms point out that IMF are not efficient enough to react to settle the problems that have accompanied with this trend. This issue has drawn widespread attention in recent decades. This essay will give an overview about what the IMF it is first, and then put forward by some examples that what kind of role the IMF has done to address financial issues, good or bad. Finally, this essay will propose some solutions about the IMF how could it be more useful to solve the financial crisis.
Malaysia is located in the south-eastern Asia, bordering Thailand and northern one-third of the island of Borneo, bordering Indonesia, Brunei, and the South China Sea, south of Vietnam. Due to its locations, it has been colonised since the late 18th centuries by many countries. Since 1965, Malaysia has had one of the best economic records in Asia, with GDP average of 6.5% growth for almost 50 years. The economical development especially boosted during 1981 and 2003 under the governance of Prime Minister Mahathir bin Mohamad. Malaysia succeeded in diversifying its economy from dependence on exports of raw materials to expansion in manufacturing, services, and tourism. Also, the current Prime Minister continues to pursue pro-business policies .
the effect that the work of the IMF and the World Bank have had on the
... Despite the negative effects that had brought bad impact to the country, it was also one of the things that have strengthened the country. It has provided an acceleration of development for the country. Conclusions References Works Cited http://prezi.com/ko92evamttlo/colonial-rule-and-impacts-in-sea/ http://www.marxist.com/malaysia-fifty-years-independence-part-one.htm http://answers.yahoo.com/question/index?qid=20120320222600AAYZmN7 http://answers.yahoo.com/question/index?qid=20090908024038AAH5Qw
In Malaysia, the United Malay National Organization (UMNO) became the dominant political force beginning in 1959. UMNO created an agreement with MCA (Malayan Chinese Association) and MIC (Malayan Indian Congress) together they formed the Barisan Nasional (National Front or BN) and since 1974 it has been the senior partner in a governing coalition. Since its formation as an independent state in 1963, Malaysia has never experienced a change in government. UMNO’s positions are attractive because they are important in Malaysia’s political and business life. Because UMNO leader has always served as Malaysia’s de facto prime minister, the party’s internal election is seen as the country’s real election. UMNO’s party apparatus often reflects the state’s apparatus, a fact that makes UMNO’s election even more alike with the country’s election.
Since 1983, during government was ruled under the Malaysian Prime Minister Mahathir Mohamad, Malaysia have been introduced with the privatization scenario in economy. Lembaga Elektrik Negara was among the first entities in Malaysia that have been privatized and has transformed to be Tenaga Nasional. Another example of national entities that have been privatized were Malaysia Airline System that have changed to Malaysia Airlines. The main reason debated on why an entities should be privatized was to increase the society welfare. There were so many research were done to prove this.
Debt crisis is becoming common and faced by most citizens in Malaysia. Between June 1997 and January 1998 a financial crisis swept like a brush fire through the "tiger economies" of SE Asian. Over the previous decade the SE Asian states of Thailand, Malaysia, Singapore, Indonesia, Hong Kong, and South Korea, had registered some of the most impressive economic growth rates in the world. Their economies had expanded by 6% to 9% per annum compounded, as measured by Gross Domestic Product. This Asian miracle, however, appeared to come to an sudden end in late 1997 when in one country after another, local stock markets and currency markets imploded. When the dust started to settle in January 1998 the stock markets in many of these states had lost over 70% of their value, their currencies had depreciated against the US dollar by a similar amount, and the once proud leaders of these nations had been forced to go cap in hand to the International Monetary Fund (IMF) to beg for a massive financial assistance. (W.L.Hill, n.d.)
The most representative sources presenting the official view of the marginalisation of the Malays came from the ruling elite. Indeed, the controversial issue of Malay marginality has been widely debated over the years, In the 1970s, the Majlis Pusat, or Central Council of Malay Cultural Organisations, organised a national seminar on “Malay Participation in the National Development”, which they deemed a “national problem” (Sharom & Wong, 1971, p.1), indicating that the Malays had a lack of interest in national and political issues. We see that the government needed to treat the Malays differently in order to deal with this issue, and “was constantly reiterating its recognition of the ‘special position’ of Malays and its commitment to overcome this imbalance” (Suratman, 2004, p.3), and this confirms that the Malays were indeed marginal in society.
Since Singapore gained sovereignty in 1965 from Malaysia, its politics has been dominated by the People Action Party. Under the leadership of People Action Party, Singapore has a “distinct political culture: authoritarian, pragmatic, rational and legalistic.” Economic growth and political stability were maintained by the People Action Party’s guidance. Thus, Singapore is corruption- free government where power is gained through skill and performance that attracted investments from other countries (“Introduction to Singapore’s political system”, 2011). Singapore scored the point of 1.33 in the 2009 World Bank’s governance indicators for the factor political stability. The government also opens a number of sectors such as financial services o, telecommunications, power generation, and retail to increase competition and foreign firms (eStandardsForum, February 2010).
The relationship and cooperation in handling the issue in Southern Thailand between Malaysia and Thailand government since a long time ago, has become disappointed, frustration and unsatisfied. This is might be best description that has been looked up since the working relations between past Thai governments and their Malaysian counterparts was comes to Southern Thailand (Thanet, 2013). For the Thailand government, cooperation with the Malaysian authorities is really needed while in dealing with the separatist insurgents that often to the slip across the porous border from Thailand. Meanwhile, for the Malaysian side, through the sharing of same ethnicity and Islamic religion in the Southern Thai Muslims, was means that their politicians ought to have a key role to play in understanding and resolving insurgency issues in Southern Thailand. Therefore, it might can be seem in logically think that, without the help by the Malaysian government, the issues that regards to Muslim separatist moments in the Deep South would be difficul...
Malaysia foreign policy introduced by Tunku Abdul Rahman Putra Al-Haj after malaysia was independent. The goal of Malaysia Foreign Policy is to maintaining peaceful relations with all countries regardless of its ideology and political system. It also adopting an independent, non-aligned, and principled stance in regional and international diplomatic affairs. Then forging close relations and economic partnerships with all nations, particularly with ASEAN and other regional friends. It’s also helps to promoting peace and stability in the region through capacity building and conflict resolution measures. It’s playing an influential leadership role as Chair of the ASEAN, Non-aligned Movement (NAM) and Organisation of Islamic Conference (OIC). Malaysia need participating actively and meaningfully in the United Nations, especially in the efforts to end injustice and oppression, and to uphold international law and projecting Malaysia as a leading example of a tolerant and progressive Islamic nation. They have four instrument of foreign policy to achieving their foreign policy goal such as diplomacy, economic element, propaganda and military
Basically, the struggle for independence in the country can be divided into two phases: the struggle with bloodshed and the struggle through negotiation. The struggle with bloodshed occurred when the people were under the colonialists. By the 20th century, the citizens were already exposed to outside struggles for independence and many people had received formal education, so the struggle became a struggle for nationalism. Associations and the mass media were used as channels for expressing woes and dissatisfaction to stir up the spirit of nationalism and exert pressure on the British to improve the lives of the people. It was not easy though. A great effort was needed in achieving the freedom from foreign rulers. Being a great country, must have been through a great process. Hence, this essay would simply talk about Malaysian’s history prior to being a well-known country.
In conclusion, the paper has shown that the economic development of any nation is a contribution of both the private and public sector and each must play its role to ensure that economic development is achieved in a country.
The Royal Institution is very important for the people of Malaysia since ages ago. The existence of the king itself, correlated with the existence of a government and a country. Since long times ago, the Malays consider their king as a source or authority which guarantees peacefulness among the residents. Therefore, Article of 32 shown all of us that,Yang di-Pertuan Agong is officially the main head of the country. This declaration is can not be doubt by anyone, by under any circumstances. The three major government institutions, namely the Executive, the Legislature and the Judiciary are staffed by Yang di-Pertuan Agong. It is avowedly recorded in the country's constitution. Of course, there are many obvious reasons for this honorable declaration. But, in my opinion, the main reason of this declaration is that The Royal Institution is the symbol of harmony and the root of unity for our country.