The National Development Policy () was a Malaysian economic policy introduced by Prime Minister

Mahathir Mohamad Mahathir bin Mohamad (; ; born 10 July 1925) is a Malaysian politician, author and doctor who was respectively the fourth and seventh Prime Minister of Malaysia, prime minister of Malaysia from 1981 to 2003 and from 2018 to 2020. He was the ...

. The objective was achieving economic growth, while ensuring that accrued benefits reached all sections of society. The National Development Policy replaced the New Economic Policy (NEP) in 1990. The Malay share of the economy, though substantially larger, was not near the 30% target according to government figures. In its review of the NEP, the government found that although

income inequality In economics, income distribution covers how a country's total GDP is distributed amongst its population. Economic theory and economic policy have long seen income and its distribution as a central concern. Unequal distribution of income causes ...

had been reduced, some important targets related to overall Malay corporate ownership had not been met. This policy was adopted in 1991 for a period of 10 years and it was succeeded by the National Vision Policy (NVP) in 2001.

References

Affirmative action in Asia Economic history of Malaysia Racial and religious quotas in Malaysia Public policy in Malaysia 1990 establishments in Malaysia Welfare in Malaysia {{Malaysia-stub