Wawasan 2020
Encyclopedia
Wawasan 2020 or Vision 2020 is a Malaysian ideal
Ideal
-In philosophy:* Ideal , values that one actively pursues as goals* Platonic ideal, a philosophical idea of trueness of form, associated with Plato-In mathematics:* Ideal , special subsets of a ring considered in abstract algebra...

 introduced by the former Prime Minister of Malaysia
Prime Minister of Malaysia
The Prime Minister of Malaysia is the indirectly elected head of government of Malaysia. He is officially appointed by the Yang di-Pertuan Agong, the head of state, who in HM's judgment is likely to command the confidence of the majority of the members of that House of Representatives , the...

, Mahathir bin Mohamad
Mahathir bin Mohamad
Tun Dr. Mahathir bin Mohamad . is a Malaysian politician who was the fourth Prime Minister of Malaysia. He held the post for 22 years from 1981 to 2003, making him Malaysia's longest serving Prime Minister. His political career spanned almost 40 years.Born and raised in Alor Setar, Kedah, Mahathir...

 during the tabling of the Sixth Malaysia Plan in 1991. The vision calls for the nation to achieve a self-sufficient industrialized nation by the year 2020, encompasses all aspects of life, from economic prosperity, social well-being, educational worldclass, political stability, as well as psychological balance. In order to achieve Vision 2020, Mahathir lamented that the nation required an annual growth of 7% (in real terms) over the thirty-year periods (1990–2020), so that the economy would be eightfold stronger than its 1990 GDP
Gross domestic product
Gross domestic product refers to the market value of all final goods and services produced within a country in a given period. GDP per capita is often considered an indicator of a country's standard of living....

 of RM115 billion. This would translate to a GDP of RM920 billion (in 1990 Ringgit
Malaysian ringgit
The Malaysian ringgit is the currency of Malaysia. It is divided into 100 sen...

 terms) in 2020.

Wawasan 2020 is also the title of an article by William Greider
William Greider
William Greider is an American journalist and author who writes primarily about economics.His most recent book is . Before that he published The Soul of Capitalism: Opening Paths to a Moral Economy, which explores the basis and history of the corporation and how people can influence further...

 about globalization
Globalization
Globalization refers to the increasingly global relationships of culture, people and economic activity. Most often, it refers to economics: the global distribution of the production of goods and services, through reduction of barriers to international trade such as tariffs, export fees, and import...

 in Malaysia.

Challenges

Mahathir outlined nine strategic challenges that Malaysia must overcome to achieve Vision 2020.
  • Challenge 1: Establishing a united Malaysian nation made up of one Bangsa Malaysia (Malaysian Race).
  • Challenge 2: Creating a psychologically liberated, secure and developed Malaysian society.
  • Challenge 3: Fostering and developing a mature democratic society.
  • Challenge 4: Establishing a fully moral and ethical society.
  • Challenge 5: Establishing a matured liberal and tolerant society.
  • Challenge 6: Establishing a scientific and progressive society.
  • Challenge 7: Establishing a fully caring society.
  • Challenge 8: Ensuring an economically just society, in which there is a fair and equitable distribution of the wealth of the nation.
  • Challenge 9: Establishing a prosperous society with an economy that is fully competitive, dynamic, robust and resilient.

Song lyrics

Wawasan 2020 is also a patriotic song on the same idea sung in Malay
Malay language
Malay is a major language of the Austronesian family. It is the official language of Malaysia , Indonesia , Brunei and Singapore...

. The song was composed by Akbar Nawab.

Original lyrics

Bendera berkibar di angkasa

Lambang negara gagah

Rakyat sepakat sehati sejiwa

Tekad berbakti dengan megah

Hadapi cabaran masa muka

Penuh tenaga murni

Bakti dicurah searah-sehala

Dengan wawasan yang suci

Wawasan meningkat kemajuan

Tiada lagi kepincangan

Kemewahan rata dirasai

Bersama kita nikmati

Wawasan 2020

Satu pandangan jauh

Bukan impian malah kenyataan

Bersama kita jayakan


English translation

Flags waving in the sky

Symbol of our great country

People united in one mind

Contributing in pride

Facing the challenges in the future

Full of sincere energy

Contributing for one purpose

With a pure vision

The vision boosts development

No more defects

Luxury is equally felt

Together we enjoy it

Vision 2020

A far view

Not a dream but reality

Together we achieve it


Revisions to the vision

In view of changing global conditions amid the Financial crisis of 2007–2010, Prime Minister Najib Tun Razak
Najib Tun Razak
Dato' Sri Haji Mohd Najib bin Tun Haji Abdul Razak is the sixth, and since 2009, Prime Minister of Malaysia. He previously held the post of Deputy Prime Minister from 7 January 2004 until he succeeded Tun Abdullah Ahmad Badawi as Prime Minister on 3 April 2009. Najib is President of the United...

 had in August 2009, said that there was now a need to redefine and recalibrate the vision in terms of how to achieve it, as well as its timeline. Najib, who said that it was necessary for Malaysia to undertake bold economic reforms, had tasked the National Economic Advisory Council (NEAC) to carry out a review of the vision. The NEAC is expected to publish its report by end 2009, with a second report on implementation 6 months after that. Najib also said that in order for Malaysia to achieve a developed nation status by 2020, the country has to grow at an annual rate of 8% over the next 10 years. He cited that a lower hypothetical growth of 6% per annum would delay Malaysia's vision to become a developed country
Developed country
A developed country is a country that has a high level of development according to some criteria. Which criteria, and which countries are classified as being developed, is a contentious issue...

by 10 years to 2030. Malaysia’s GDP growth rate averaged 7.2% per annum in the 1990s, and slowed to 5.4% per annum in the following decade.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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