1. CHANGES IN MALAYSIA'S ECONOMIC STRUCTURES
1.1. STRUCTURAL CHANGE - A SHIFT OR CHANGE IN BASIC WAYS OF HOW ECONOMY OPERATES IN THE COUNTRY. COMBINATION OF THREE SECTORS :
1.1.1. 1. PRIMARY
1.1.1.1. AGRICULTURE
1.1.1.1.1. INDUSTRIAL COMMODITIES
1.1.1.1.2. FOOD COMMODITIES
1.1.1.1.3. PADDY
1.1.1.1.4. LIVESTOCK
1.1.1.1.5. FISHERIES
1.1.1.2. MINING & QUARRYING
1.1.1.2.1. TIN
1.1.1.2.2. PETROLEUM & NATURAL GAS
1.1.2. 2. SECONDARY
1.1.2.1. MANUFACTURING
1.1.2.1.1. LIGHT INDUSTRIES
1.1.2.1.2. MEDIUM INDUSTRIES
1.1.2.1.3. HEAVY INDUSTRIES
1.1.2.2. CONSTRUCTION
1.1.2.2.1. INFRASTRUCTURE
1.1.3. 3. TERTIARY
1.1.3.1. PUBLIC SERVICES
1.1.3.1.1. GOVERNMENT
1.1.3.2. PRIVATE SERVICES
1.1.3.2.1. TRANSPORT, COMMUNICATION
1.1.3.2.2. FINANCIAL & BANKING, INSURANCE
1.1.3.2.3. WHOLESALE, RETAIL
2. ECONOMIC GROWTH
2.1. DEFINITON = THE INCREASE IN THE AMOUNT OF FINAL GOODS AND SERVICES PRODUCED BY AN ECONOMY OVER TIME. - IT IS MEASURED AS THE RATE OF INCREASE IN REAL GROSS DOMESTIC PRODUCT, REAL GDP OR GROSS NATIONAL PRODUCT (GNP).
3. ISLAMIC ECONOMIC GROWTH
3.1. DEFINITION = CONCEPTS OF HALAL (PERMISSIBLE) AND HARAM (FORBIDDEN) IS PRACTICED IN THE ECONOMY. ACHIEVE THE USE AND BEST ALLOCATION OF RESOURCES TO BRING ABOUT ECONOMIC GROWTH AND PROSPERITY TO THE SOCIETY.
4. FACTORS CONTRIBUTING TO ECONOMIS GROWTH
4.1. 1. ABUNDANT NATURAL RESOURCES
4.2. 2. NEWLY-INDUSTRIALIZED AND DIVERSE MARKET ECONOMY
4.3. 3. YOUNG, EDUCATED & SKILLFUL LABOR FORCE
4.4. 4. INFRASTRUCTURE AND EFFICIENT ECONOMIC ORGANIZATION
4.5. 5. INWARD INVESTMENT LEVEL
4.6. 6. LABOR MOBILITY
4.7. 7. SAVINGS LEVEL
4.8. 8. POLITICAL AND SOCIAL STABILITY
5. FACTORS CONTRIBUTING
5.1. 1. CHANGE IN ECONOMIC POLICY & DEVELOPMENT
5.2. 2. UNSTABLE AGRICULTURE PRICES IN INTERNATIONAL MARKET
5.3. 3. INDUSTRIAL SECTOR ABILITY TO ABSORB MANPOWER & SOLVE UNEMPLOYMENT
5.4. 4. AVAILABILITY OF RESOURCES FOR INDUSTRIAL SECTOR
6. DETERMINANTS
6.1. 1. HUMAN RESOURCES
6.2. 2. INVESTIBLE RESOURCES
6.3. 3. ENTREPRENEURSHIP
6.4. 4. TECHNOLOGICAL CHANGES
7. ISLAMIC ECONOMIC DEVELOPMENT
8. OBJECTIVES
8.1. 1. ACHIEVE FALAH
8.1.1. MORE THAN MERELY MATERIAL PROSPERITY
8.1.2. MUST BE MORALLY DIRECTED
8.1.3. MUST BE HALAL(PERMISSIBLE)
8.1.4. AVOID HARAM(NON-PERMISSIBLE) & GHARAR(UNCERTAINTIES)
8.2. 2. EQUAL OPPORTUNITIES
8.2.1. EQUAL ACQUISITION REGARDLESS SEX,GENDER,RELIGION,CASTE,CREED,COLOR OR SOCIAL STATUS
8.2.2. DISTRIBUTE WEALTH THROUGH ZAKAT
9. ASPECTS
9.1. 1. THE DIVINE AND ITS CREATION
9.1.1. RELATE TO HUMAN WELFARE(SHARI'AH)
9.1.2. SOCIAL AND WELFARE INTEREST BEFORE PRIVATE INTEREST
9.2. 2.THE MATERIAL AND SPIRITUAL NEED OF HUMAN BEING
9.2.1. EQUAL RIGHTS TO RESOURCES
9.2.2. MODERATION IN CONSUMPTION
10. CONCEPTS
10.1. 1. TAUHID
10.1.1. WORSHIP ONE 'GOD'
10.1.2. HABLUMINALLAH
10.1.3. HABLUMINANNAS
10.2. 2. RUBUBIYYAH
10.2.1. ALLAH MOST POWERFUL CREATOR
10.2.2. ACHIEVE FALLAH
10.3. 3. KHALIFAH
10.3.1. LEADER OF CALIPHATE
10.3.2. ENSURE PROSPERITY SET BY SHARI'AH
11. DIMENSIONS
11.1. 1. SPIRITUAL
11.2. 2. MORAL & ETHICAL
11.3. 3. ENVIRONMENTAL & PHYSICAL
11.4. 4. SOCIAL
11.5. 5. TECHNOLOGICAL DIMENSION
12. MALAYSIA ECONOMIC POLICY FRAMEWORK
12.1. SHORT-TERM PLANNING - ANNUAL BUDGET
12.2. MEDIUM-TERM PLANNING - FIVE YEAR DEVELOPMENT PLANS. e.g. 8TH MALAYSIAN PLAN
12.3. LONG-TERM PLANNING - OUTLINE PERSPECTIVE PLAN 1 @OPP1 (1971 - 1990) - BASED ON NATIONAL ECONOMIC POLICY (NEP)
12.4. OPP2 (1991 - 2000) - BASED ON NATIONAL DEVELOPMENT POLICY (NDP)
12.5. OPP3 (2001 - 2010) - NATIONAL VISION POLICY (NVP)
12.6. VISION 2020 (1991 - 2020)
13. FISCAL POLICY
13.1. AGGRESIVELY USING MONEY AS AN INJECTION TO OF MILLIONS AND BILLIONS OF RINGGIT INTO THE ECONOMIC SYSTEM OF THE COUNTRY TO BOOST GROW AND STABILITY
13.2. A TOOL OF THE GOVERNMENT TO CONTROL INFLATION AND RECESSION
13.3. INFLATION = INCREASE IN THE PRICES
13.4. RECESSION = A PERIOD WHEN ECONOMY OF A COUNTRY IS NOT VERY SUCCESSFUL
14. ECONOMIC DEVELOPMENT
14.1. DEFINITION = BROAD AND COMPREHENSIVE. IT REFERS TO THE SUSTAINED, CONCERTED ACTIONS OF POLICY MAKERS OF A COUNTRY AND SOCIETIES THAT PROMOTE THE STANDARD OF LIVING AND ECONOMIC HEALTH OF A SPECIFIED AREA.
15. POSITIVE CHANGES
16. SOCIO-ECONOMIC CHANGES
16.1. 1. HUMAN CAPITAL DEVELOPMENT
16.2. 2. INFRASTRUCTURE DEVELOPMENT
16.3. 3. REGIONAL COMPETITIVENESS
16.4. 4. ENVIRONMENTAL SUSTAINABILITY
16.5. 5. POVERTY REDUCTION
16.6. 6. EQUITABLE INCOME DISTRIBUTION
16.7. 7. ENHANCED HEALTHCARE
16.8. 8. IMPROVED SAFETY
16.9. 9. LITERACY DEVELOPMENT
16.10. 10. SOCIAL AMENITIES (HOUSING,WATER,ELECTRICITY)
17. TECHNOLOGICAL CHANGES
17.1. 1. TECHNOLOGICAL DEVELOPMENT
17.2. 2. INNOVATION
17.3. 3. RESEARCH
17.4. 4. OTHER INIATIVES
18. GOALS
18.1. 1. IMPROVED IN PER CAPITA INCOME
18.1.1. POVERTY REDUCTION
18.1.2. INCOME DISTRIBUTION EQUALITY
18.2. 2. QUALITY OF LIFE IMPROVEMENT
18.3. 3. REDUCED IMBALANCED IN REGIONS DEVELOPMENT
18.4. 4. REDUCED IMBALANCED BETWEEN TRADITIONAL & MODERN SECTORS
18.5. 5. IMPROVED BASIC NEEDS
18.5.1. FOOD
18.5.2. CLOTHING
18.5.3. SHELTER
18.6. 6. SOLVED ENVIRONMENTAL PROBLEMS
19. INDICATORS
19.1. 1. RISE IN STANDARD OF LIVING
19.1.1. IMPROVED SOCIAL AND ECONOMIC CONDITION
19.1.2. IMPROVED EMPLOYMENT OPPORTUNITIES
19.1.3. RISE IN PRODUCTIVITY
19.1.4. ACQUISITION OF KNOWLEDGE
19.2. 2. IMPROVEMENT IN GDP PER CAPITA
19.3. 3 INCREASE IN LITERACY RATE
19.4. 4. IMPROVED HEALTHCARE
19.4.1. LONGER LIFE EXPECTANCY
19.4.2. HEALTH SERVICES IMPROVEMENT
19.5. 5. SUSTAINABLE DEVELOPMENT
19.5.1. ENVIRONMENTAL CONSERVATION
19.5.2. RESOURCES PRESERVATION FOR FUTURE
19.5.3. ABUNDANCE FUTURE RESOURCES
19.6. 6.BALANCED DEVELOPMENT
19.6.1. BETTER INCOME DISTRIBUTION
19.6.2. POVERTY REDUCTION
19.6.3. BALANCED PENINSULAR & EAST MALAYSIA DEVELOPMENT
20. EFFECTS
20.1. 1. LONG TERM ENVIRONMENTAL IMPLICATIONS
20.1.1. ECO SYSTEM INSTABILITY
20.2. 2. ECONOMIC PROBLEMS
20.2.1. INFLATIION
20.2.2. COST HIKE - HEALTHCARE, EDUCATION, OTHER NECESSITIES
20.3. 3. INCOME INEQUALITY
20.3.1. RICH VS POOR
20.3.2. URBAN VS RURAL
20.4. 4. SOCIAL PROBLEMS
20.4.1. FAMILY DISRUPTION
20.4.2. RUNAWAY CHILDREN
20.4.3. YOUNGSTERS MORAL DECAY