The Malaysian Strategic Plan and Its Role in Achieving The Country’s Economic Development‏: Analytical Study

Abstract

The study aimed to analyze the causes and elements of the success of Malaysia's strategic plan in achieving economic development, with the aim of drawing lessons from the Malaysian experience as a developing country that was able to catch up with the leading countries in manufacturing and exporting technology. And was able to diversify its economy from an economy dependent on oil and agriculture, to a diversified industrial economy. In its analysis, the study relied on the strategic plans of the Malaysian government, as well as on the quantitative economic data issued in the reports of UNDP, in addition to the writings of researchers on the Malaysian experience. The study concluded that the most important reasons and elements for the success of the Malaysian strategic plan in achieving economic development is commitment to the strategic plan, and its implementation by a national leadership that believed in change, and created a suitable climate for political governance, justice and economic and social equality among all members of society, and by relying on  Islamic values, eastern values, ​​and self-abilities, while simulating the Japanese model of growth and development. The study recommends that the Malaysian experience be taken advantage of by developing and Islamic countries, especially Algeria and brotherly Iraq, in developing a future vision and strategic plans, while providing the appropriate climate to achieve economic development through which overall development is achieved.