Abstract

Malaysia's planning organization has become the institutional centrepiece of that country's development effort. Indeed, Malaysia ranks as one of the non-Communist developing countries where planning is most highly institutionalized. Malaysian planning evolved as an effective policy mechanism for directing the authoritative allocation of public resources towards declared developmental objectives. Despite this attachment to national planning, Malaysia remains a staunchly market-oriented, open, and predominantly private enterprise economy. Nevertheless, as the role of planning expanded, private sector activity became increasingly subject to policy interventions predicated upon the politically-determined goals of development planning.

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