Today, i got an email from some1 about the NEP.... well... because of this NEP ah!!!!every1 suffered except those ppl benefit from it!!!!of course.... WTF..... here are parts of the email....
""The Malaysian New Economic Policy (NEP or DEB for Dasar Ekonomi Baru in Malay), is an ambitious and controversial socio-economic restructuring affirmative action program launched by the Malaysian government in 1971 under the then controversial Prime Minister Tun Abdul Razak.
The NEP ended in 1990, and was succeeded by the National Development Policy in 1991. Although the NEP was hailed in some quarters as having reduced the socioeconomic disparity between the Chinese minority and Malay majority, others accused it of having reduced non-Malays to the status of second-class citizens by cementing ketuanan Melayu (Malay supremacy). The NEP is often invoked as part of the Malay Agenda, which is in turn part of the Malaysian social contract granting Malays special rights in return for citizenship for non-Malays.
The NEP's success is a subject of heated debate.
The NEP targeted a 30% share of the economy for the Bumiputra, but according to official government statistics, the NEP did not succeed in reaching this target. Although the policy ended officially in 1990, Malaysians often refer to the NEP in the present tense because many of the tangible economic benefits it offered the Bumiputra are ongoing. In 2005, some politicians from the United Malays National Organisation (UMNO), the leading political party of the governing Barisan Nasional coalition, called for the restoration of the NEP as part of the New National Agenda (NNA).
In 2008, the chief minister of the state of Penang, Lim Guan Eng, made a breakthrough decision whereby he announced that the new state administration will be free from NEP.
The NEP had the stated goal of poverty eradication and economic restructuring so as to eliminate the identification of ethnicity with economic function. The initial target was to move the ratio of economic ownership in Malaysia from a 2.4:33:63 ratio of Bumiputra, Other Malaysian, Foreigner ownership to a 30:40:30 ration.
This was to be done by redistributing the wealth to increase the ownership of enterprise by Bumiputras from the then 2.4% to 30% of the share of national wealth. The 30% target for Bumiputra equity was proposed by Ismail Abdul Rahman after the government was unable to come to a consensus on an appropriate policy goal.
Alongside this redistribution of wealth was the goal of increased economic growth, which was mainly in the form of ISI.
This economic growth would allow the non-Bumiputra share of the economy to decrease, while permitting the growth of non-Bumiputra business interests in absolute terms. In some quarters, this was referred to as "expanding pie theory": the Bumiputra share of the pie would increase, without reducing the size of the non-Bumiputra slices of the pie. This theory was first enunciated in the Second Malaysia Plan.
Officially the term of the NEP ended in 1990. However, much of it remained in effect through other governmental policies; the New Straits Times reported that this was because as of 2007, "the government believes the aim of having 30 per cent Bumiputera equity has yet to be achieved".
In 2006, it was reported that the NEP would be reinstated under the Ninth Malaysia Plan, the ninth in a series of five-year economic plans. Originally, the NEP was replaced by the National Development Policy (NDP), which ran from 1990 to 2000. The NDP was supposed to have then been replaced by the National Vision Policy (NVP), which would reportedly have lessened the aggressive affirmative action of the NEP and NDP.
However, UMNO later called for the NEP to be reinstated.""
haix...an out-dated plan.... but still being implemented!!!! WHY??? unfair lo....
the new CM of penang said that he going to erase NEP from his state... OK....good...he should!!! but his remark cause a
damn terrible trouble in penang oh!!!! WHY??? and those ppl involved in the demo is those from UMNO... errm... sense something fishy???
LIM GUAN ENG(new penang CM)
HELL YEAH!!!! mayb this demo was initiated by UMNO oh... y this umno supporters can cause troubles??? oh ya.... y no tear gas being used??? y no water canon with chemical spay at them??? y no attack on those ppl????
SHIT.... well... hindraf being kick on the ass like hell but these ppl from UMNO can take charge of the streets but nothing happen to them... SIEN.... WTF??? no fairness at all....
Fear not!! 2day the paper wrote thaat its ok to demolish this so-called NEP... ya... i agree with this person... of course...!!!! u go out and c those ppl stayiong in big bangalows in Damansara....those ppl drving luxury car on the road... those usahawan!!! MOSTLY ARE MALAY!!!!!
so its not wrong at all if i say that this NEP is a success??? ya... nothing wrong... its a success.... But the statistic never show that~~~ never!!!! y???
Sabah Progressive Party president Datuk Yong Teck Lee is puzzled why there is so much fuss over the New Economic Policy when it has already been superseded by the National Development Policy.
no more NEP??.... he say that NEP no more... its NDP lah!!! SHUT UP LA DATUK!!!!!! i know on paper we can say that NEP is over but then really Over??? u ask urself LAH!!!!
Nowadays ppl are more educated lo... no need to lie to us d!!!! y BN never learned from the mistake de??? from this General election result its damn clear that ppl are not happy ma.... y wanna TALK COCK somemore le???
The whole world is developing... but v in malaysia still using the 70's plan!!! haix... somemore wanna talk about wat vision 2020 la....wat developed country la.... wat la...!!!! go sleep and EAT NASI LEMAK better la!!!
Yoh.... so KNS de... discrimination!!!!