Najibnomics: Transforming Malaysia to a High-Income Nation (UUM Press)

Book excerpt: This book attempts to understand Najibnomics-economic policies advocated by the sixth Prime Minister of Malaysia, Datuk Seri Najib Tun Abdul Razak, since he helmed office on April 3, 2009. Najibnomics refers to a new approach to Malaysia’s economic development which is typified by three main characteristics: knowledge, innovation and freedom. It is a set of strategies, programmes and measures meant to transform Malaysia into a high-income and developed nation by the year 2020. This book analyses Najibnomics in action, or rather attempts to problematise Najibnomics at the level of its implementation. Through Najibnomics, the Malaysian government strives to keep the momentum of a sustainable growth trajectory, to enhance the well-being of the rakyat (people) and ensure the country gets out of the “middle-income trap” to become a high-income and developed economy by the year 2020.