The new policy regime, the National Development Policy (NDP) 1991-2000, saw
a shift in strategy to a "free market" economy. The policy was for a private sector led
economy, supported by policies of "Malaysia Incorporated" and privatisation. The
attitude towards restructuring changed to align itself to the market, that is to rely on the
private sector. In the Sixth Malaysia Plan period (1991-95), mean household income
grew by 2.7 percent48 and the per capita income grew at an average rate of 6.1 percent
in nominal terms and reached $6,180 by 1990 (UPE, 1991).
The new policy regime, the National Development Policy (NDP) 1991-2000, saw
a shift in strategy to a "free market" economy. The policy was for a private sector led
economy, supported by policies of "Malaysia Incorporated" and privatisation. The
attitude towards restructuring changed to align itself to the market, that is to rely on the
private sector. In the Sixth Malaysia Plan period (1991-95), mean household income
grew by 2.7 percent48 and the per capita income grew at an average rate of 6.1 percent
in nominal terms and reached $6,180 by 1990 (UPE, 1991).
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