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New Economic Model information


The New Economic Model (NEM) 2011-2020 was an economic plan in Malaysia unveiled on 30 March 2010 by Malaysian Prime Minister Najib Razak which was intended to more than double the per capita income in Malaysia by 2020. The programme aimed to shift affirmative action from being ethnically based to being need-based hence becoming more competitive, market and investor-friendly.

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New Economic Model

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The New Economic Model (NEM) 2011-2020 was an economic plan in Malaysia unveiled on 30 March 2010 by Malaysian Prime Minister Najib Razak which was intended...

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Economic model

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An economic model is a theoretical construct representing economic processes by a set of variables and a set of logical and/or quantitative relationships...

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Malaysian New Economic Policy

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The New Economic Policy (NEP) (Malay: Dasar Ekonomi Baru (DEB)) was a social re-engineering and affirmative action program formulated by the National Operations...

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Najib Razak

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country's business environment such as the New Economic Model, the Government Transformation Programme and the Economic Transformation Programme. The Malaysian...

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Economic order quantity

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illustrates that the economic order quantity is always in the best interests of the firm. An important extension to the EOQ model is to accommodate quantity...

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New Economic Policy

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The New Economic Policy (NEP) (Russian: Новая экономическая политика (НЭП), romanized: Novaja ekonomičeskaja politika) was an economic policy of the Soviet...

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Economic policy of the Najib Razak government

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economy during his premiership from 2009 to 2018. This included a New Economic Model, subsidy reforms, international free trade agreements and stimulus...

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New Keynesian economics

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changes in economic conditions. Wage and price stickiness, and the other present descriptions of market failures in New Keynesian models, imply that...

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Economic geography

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consists of two distinct types. New Economic Geography 1 (NEG1) is characterized by sophisticated spatial modelling. It seeks to explain uneven development...

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Socialist economics

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economics comprises the economic theories, practices and norms of hypothetical and existing socialist economic systems. A socialist economic system is characterized...

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Economics of open science

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software) to all levels of society. Open science involves a plurality of economic models and goods. Journals and other academic institutions (like learned societies)...

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Economic growth

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and economic development. Ecological economics criticizes the possibility of infinite economic growth on a finite planet. Current economic models ignore...

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Nordic model

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The Nordic model comprises the economic and social policies as well as typical cultural practices common in the Nordic countries (Denmark, Finland, Iceland...

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Endogenous growth theory

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it possible to reproduce historical rates of economic growth with considerable precision. The AK model production function is a special case of a Cobb–Douglas...

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Economic democracy

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workplace and new investment, many proponents of economic democracy tend to favor the creation and implementation of a new economic model over reform of...

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Wawasan 2020

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1991-2000 with OPP2, National Vision Policy 2001-2010 with OPP3 and New Economic Model 2011-2020 with National Transformation Programme NTP. Wawasan 2020...

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Model

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developing software Economic model, a theoretical construct representing economic processes Language model a probabilistic model of a natural language...

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Economics

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including new Keynesians, reformulated their models with microfoundations, in which microeconomic concepts play a major part. Sometimes an economic hypothesis...

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Economic system

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of economic systems expanded to include other topics and models that do not conform to the traditional dichotomy. Today the dominant form of economic organization...

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