by Anisah Shukry
The Malaysian Insider
25 November 2014
Malaysia’s affirmative action policies in the past 40 years have created a culture of dependency, corruption and racial envy, a prominent Malaysian economist said today.
Tan Sri Dr Kamal Salih, an adjunct professor of Economics and Development Studies at Universiti Malaya (UM) said that the benefits of the development policies did not truly extend beyond the first 20 years of the New Economic Policy’s (NEP) implementation.
“The problem over the decades involved has not been with the intent nor the content of the NEP and its successors, but the manner of their implementation, which have produced new inequalities, poverty and vulnerabilities in the development process.
“While no further progress has been made in reducing inequality in income distribution over the last decade, the NEP had resulted instead in creating a culture of dependency, corruption and racial envy.” Continue reading “Malaysia reaping inequality, corruption and racial envy from race-based policies”