MindMap Gallery Malaysia's Economic Plans for Inclusive Prosperity and Sustainability
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Malaysia's Economic Plans for Inclusive Prosperity and Sustainability
This mind map dissects Malaysia's strategic economic directives as outlined in the 12th Malaysia Plan (2021-2025) and the New Economic Policy, driving towards a prosperous, inclusive, and sustainable future. It highlights the country's objectives to recover from COVID-19, strengthen security, well-being, and inclusivity, and to advance sustainability. The plan aims to propel Malaysia to a high-income economy, focusing on national key economic areas and addressing both the challenges and opportunities within political, social, science and technology, and security sectors.
Edited at 2022-07-07 00:24:51
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Topic 5: Malaysia, Moving towards Prosperity: Issues and Challenges
IMPORT - SUBSTITUTION POLICY
rubber and tin export
limited production of manufactured goods for domestic market
quiet unsuccessful because:
small size of the domestic market
high wage levels in Singapore
trading firms favour commerce over industry
THE NEW ECONOMIC POLICY (NEP)
announced in 1970
to 'eradicate poverty' and 'restructure society to eliminate the identification of race with economic function'
Economic Transformation Plan
Launched on 21 September 2010
to propel Malaysia's economy into high income economy
concentrates on the 12 National Key Economic Areas
12th Malaysia Plan, 2021-2025
LOOKING AHEAD TO A PROSPEROUS, INCLUSIVE, SUSTAINABLE MALAYSIA
3 Dimensions
Economic Empowerment
Advancing Sustainability
Social Re-engineering, Strengthening security, wellbeing and inclusivity
Aims
aims to steer Malaysia’s recovery from COVID-19
propel our country towards high-income and developed country status and to the achievement of our Shared Prosperity Vision.”
Objective
to achieve a prosperous, inclusive and sustainable Malaysia
safeguard national security and sovereignty
Key themes
resetting the economy
strengthening security, wellbeing and inclusivity
advancing sustainability
ISSUES AND CHALLENGES
Economics
Politic
Social
Science and Technology
Education
Security and Defence
Topic 6: Malaysia and Foreign Policy (Countries)
Definition of Foreign Policy
- tool or instrument that is needed by a country to interact with another country - A form of behavior or action taken by individual countries when implementing its interests in relations with other country
Objectives of Foreign Policy
- maintaining harmonious relations - take a neutral stand, independent and stern principles in the affairs of (inside n outside the country la) - enhance close relationship - resolve conflict to maintain peace and security - serve as a leader and have influence as chairman of ASEAN, NAM and OIC...
Criteria and Characteristics of Foreign Policy
Reliable Policy
Earn the trust and confidence of foreign countries
Realized Policy
Take care of the importance of people
Consistent and Coherent Policy
Making Malaysia a trusted country and preferred brand in international affairs
Aim of Diplomatic Relations
national interest include = political interests, security interests, economic interests, cultural interests and other interests of a country
Malaysian Principle in Diplomatic Relations
i. Be independent ii. Joint benefit in external relations iii. Establish diplomatic relations iv. Peaceful v. To strengthen ties between Muslim countries
FACTORS DETERMINING FOREIGN POLICY
Leader's Role
Adopt open door policy
Mahathir
Addressing the communist threat
Abdul rahman
Continuing the relationship with countries that have been colonized
Hussein
Develop relations with foreign countries
Abdul razak, and Mahathir
National Security
To avoid enemy treat
To provide military cooperation to train local military
To let countries buy arms and modern equipment
Economy
To improve economic relations
To provide economic cooperation to boost imports-exports
To increase foreign investment
To expand market
Geostrategic
To facilitate foreign countries for business
To facilitate import and export business
To provide amenities便利设施 to ships
Charter of the United Nation
To provide support to the UN Charter
To assist and protect the poor and weak country
To enforce international law
To maintain world peace and protect human rights
History and Culture
To support the r/ship with the UN
Social
To share education info with foreign countries
To improve the understanding and knowledge of science and tech globally
To cooperate in health issue
Political
To adopt neutrality policy
To support human right worldwide
To share information with international leaders
To sharing an international ideas to develop the country
IMPORTANCE OF FOREIGN POLICY
To build and strengthen Malaysia's credibility
Allows the Malaysian name to become recognized
To enable Malaysia to promote the economic prosperity and political stability
Ensure that the country can focus on determining the international agenda
Voice out about current issue bravely.
Avoid depending on foreign aid and assistance in times of urgency
LEADERS ERA IN IMPLEMENTING FOREIGN POLICIES
Tunku Abdul Rahman Putra Al-Haj
- Support West policies - Fight communist threat - Get military help from Britain - Establish M'sia - Overcome Indonesia confrontation - Overcome Philippine claim on Sabah - Separate Sgp from Msia - Fight Republic og China - Participate establishment of ASA and ASEAN
Tun Abdul Razak Hussein
- Establish Malayan Forum - Stick to the Neutrality Policy and Zone Of Peace, Freedom and Neutrality (ZOPFAN) - Make a contact with other country - Established diplomatic ties with China - Getting cooperation in addressing the threat of communism - Conduct diplomatic relations with Indonesia - Visit the National Military Academy in Magelang, Indonesia and the Naval Academy in Surabaya
Tun Hussein Onn
- Signing of the Treaty of Amity and Cooperation in Bali - Demonstrate patriotism with military - Protest against the suppression - Provide friendly relations with Muslim countries - Strengthening relations with western countries
Tun Dr. Mahathir Mohamad
- Relation with foreign country - Ensure that Malaysia plays an important role in safeguarding world mission - Maintain security and safety with the United Nations to send peacekeepers - issue of Antarctica - Look East Policy - Improve the quality of work with quality control circle (QCC) - Hosted the 1997 Langkawi International Dialogue - unite Muslims through the OIC - Establishment of EAEC - Host Summit of the Asia-Pacific Economic Cooperation
Tun Abdullah Ahmad Badawi
- Making further connection with Islamic countries - Being chairman of the OIC - explaining the religion of Islam as a religion of peace - Increase continuing diplomatic relations with Singapore - Fighting for justice of religious persecution - Organize a friendly relationship with France and Russia - Strengthening relations with China and India - Continuing the Look East Policy
EXAMPLE OF FOREIGN POLICIES/ RELATIONSHIPS
ASEAN
"One Vision, One Identity, One Community"
Principles of cooperation and relations
Respect
Reject use of military
Resolve conflict by negotiation
Rights to make decision
Effective cooperation with other members
Purpose of Establishment
- Accelerate economic growth, social progress and regional culture - Promote peaceful and political stability - Promote cooperation and assist each other - Promote and maintain a close relationship between the members and international organizations
MALAYSIA AND THE UNITED NATIONS (UN)
Principles
- Equal sovereignty of each country - Against the use of violence - Solve any issue peacefully - All countries have the right to speak out and have the same vote - Non-interference in the affairs of other countries
COMMONWEALTH ASSOCIATION
an association of countries of the former British colony
NON-ALIGNED MOVEMENT (NAM) (Pergerakan Negara-Negara Berkecuali)
Principles
- resolve international disputes peacefully - respect for human rights by virtue of the UN Charter - avoid interference with other countries - recognizing the equality of all races and nations - to promote the common interest
ORGANIZATION OF ISLAMIC COUNTRIES (OIC)
Principles
- Help Palestinians - Creating unity among Muslims through better international relations
Developing Eight (D-8)
- Promote the living standards of state members - Increasing participation of state’s members in decision making - Diversify and create new opportunities in trade relation - Improve the position of developing into new world economy