New Dimensions of the National Vision Policy in Order for Malaysia to Shift the Economy from Input Driven to Knowledge Driven.

QUESTION 1

Discuss the New Dimensions of the National Vision Policy in order for Malaysia to shift the economy from input driven to knowledge driven.

The National Vision Policy (NVP) is the second phase of Vision 2020 and implemented from the eight to the ninth Malaysia Plan. Its objective is to establish a united, progressive, prosperous Bangsa Malaysia that lives in harmony and engages in full and fair partnership.

In order to shift the economy from input driven to knowledge driven, NVP has several development plans encompassed the following aspects:

* Pursuing sound macroeconomic management, and ensuring prudent fiscal and monetary policies as well as enhancing efforts to develop knowledge based economy;

* Strengthening and streamlining distributional strategies and programmes to ensure balanced participation among and within ethnic and income groups as well as regions;

* Enhancing productivity growth through improvement in workers’ knowledge, skills and expertise as well as upgrading of R&D and science and technology;

* Increasing competitiveness and economic resilience through accelerating the shift of the key economic sectors towards more efficient production processes and high value-added activities;

* Expanding the usage of ICT within and across sectors to accelerate the growth process;

* Strengthening the human resource base to ensure the availability of manpower with higher levels of knowledge, technical and thinking skills;

* Adopting an integrated and holistic approach in addressing environmental and resource issues to attain sustainable development;

* Enhancing further the quality of life through improving accessibility to social services as well as developing the aesthetic aspects of life; and

* Intensifying efforts to nurture and inculcate positive values and attributes among Malaysians through the education system, social and religious organizations and the media.

QUESTION 2...