April 8, 2006

Great Plan for “malay-sia”

Posted in Malaysia at 1:47 am by egalitaria

It's out online! Click here

In particular, let me direct your attention to Chapter 16, which talks about Achieving Growth with Distribution.

Go ahead and scroll down to point 16.18, which highlights the fact that the Gini coefficient has increased from 1999 to 2004. What this means: A growing income inequality both within and between the races. To quote from the Plan,  the (income) inequality among Bumiputera was the highest compared with the Chinese and Indians. Think about that for a bit. The gap between the rich and the poor is worst for … which group? 

The next few points are also relevant: look at employment restructuring and restructuring of ownership and control of the corporate sector. Who are the winners? Who are the losers?  

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