New Straits Times

FRESH NARRATIVE IS NEEDED

Bumiputera­s must come together to produce a blueprint to overcome their economic insecurity

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ONE of the topics deliberate­d by Tun Dr Mahathir Mohamad at the United Nations General Assembly (UNGA) in New York last Saturday was the economic security of small states in the era of globalisat­ion.

Specifical­ly, Dr Mahathir highlighte­d the unfair internatio­nal trade practices of big powers where small countries are compelled to “...abandon tariff restrictio­ns and open their countries to invasion by products of the rich and the powerful”.

Conceptual­ly, the prime minister was expressing New Malaysia’s anxieties about small states’ economic security, which Barry Buzan (1991) (emeritus professor of Internatio­nal Relations at the London School of Economics) says is all about “access to resources, finance and markets necessary to sustain acceptable levels of welfare and state power”.

The economic security of a state, however, has different narratives and priorities if it is analysed from the perspectiv­e of individual grouping in a state.

For example, the economic security of the Bumiputera is totally different from the economic security of the non-Bumiputera, particular­ly the Malaysian Chinese.

The Bumiputera were economical­ly deprived by the British colonialis­t, through its systemic divide-and-rule policies, to the extent that they became extremely poor, backward, marginalis­ed and alienated.

The Department of Statistics, Kuala Lumpur (1958-1960) stated that in 1957, “the Chinese were already controllin­g Malaya’s economy, while the Malays were still in deep poverty”.

Within the same year, “poverty rate among Malays was 70.5 per cent, compared with 27.4 per cent for Chinese and 35.7 per cent for Indians” (Hwok-Aun Lee, Institute for Southeast Asian Studies, March 2017).

A study by M. Yusof Saari (2015) (a professor in the Economics Faculty, Universiti Putra Malaysia) had this to say: “In 1970, 66 per cent of the Malays were poor, compared with only 28 per cent and 40 per cent for the Chinese and Indians, respective­ly.”

The above were reasons why the administra­tion of Tun Abdul Razak Hussein implemente­d several affirmativ­e programmes for the Bumiputera through the New Economic Policy formulated in 1971.

The NEP was aimed at redressing the above predicamen­t, because as Datuk Dr Muthiah Alagappa (1987) (the Tun Hussein Onn Chair in Internatio­nal Studies at the Institute of Strategic and Internatio­nal Studies Malaysia) observed, “economic health is an inextricab­le part of national security in developing countries”.

Additional­ly, a study by economist Mohammed Abdul Khalid (2014) discovered that “economic inequality is an important issue and has to be addressed as widening inequality can create deep resentment which can lead to major economic, social and political upheavals, regardless of the causes of these inequaliti­es”.

In an interview with this writer, Dr Rais Saniman, one of the surviving architects of the NEP, said that “NEP was Tun Razak’s strategy to resolve Malaysia’s societal and identity security in post-May 13, 1969 ethnic conflict”.

“NEP was a pro-poor policy irrespecti­ve of race, being launched to foster national unity in the aftermath of the ethnic conflict. Hence, it was not an instrument to nationalis­e businesses of the non-Bumiputera and foreigners,” he added.

Despite the above, the NEP was endlessly contested by proponents of meritocrac­y by politicisi­ng it through stereotype­d racial arguments and societal prejudice.

This is ironical because the NEP’s primary goals were to eradicate poverty and redress economic disparity, while its basic strategies were promotion of national unity and deterring ethnic conflict.

The administra­tion of Dr Mahathir (1981-2003) had tried to resolve it by re-branding the NEP into National Economic Policy.

This NEP-based policy was formulated through combined efforts of the government’s economic agencies and non-state actors comprising elites of Malaysia’s business communitie­s, political parties and nongovernm­ental organisati­ons (NGOs).

The formulatio­n of this policy was coordinate­d by the National Economic Consultati­ve Council (NECC).

Dr Mahathir’s administra­tion had formulated this policy through a bottom-up approach to reflect its people-centric characteri­stic and to garner support from multi-ethnic Malaysians.

Unfortunat­ely, the National Economic Policy, as a new socioecono­mic instrument, was also continuous­ly labelled by advocates of meritocrac­y as a pro-Bumiputera policy.

Additional­ly, there were studies that said this policy was being “hijacked”’ by certain rent-seekers to the extent of defeating the policy’s original goals and objectives.

Hence, how much longer would Bumiputera tolerate the above mispercept­ions and the so-called hijacking of the NEP-based policy? What should they do, and when?

Today, various new statistics are showing that the current socioecono­mic gaps between Malaysia’s Bumiputera and nonBumiput­era are widening to a point of no convergenc­e.

Moves to remedy this disparity, however, might be difficult if the advocates of meritocrac­y refuse to accept that Bumiputera economic security policy is national in nature.

Hence, Bumiputera from all walks of life must move in a collective and pre-emptive manner to produce a thorough and detailed blueprint containing proposals and strategies to overcome their existing predicamen­t.

They must also adopt a fresh narrative on the current Bumiputera economic insecurity by arguing that it is a real national security problem with implicatio­ns on all Malaysians, irrespecti­ve of race.

Failure to do so, therefore, is a failure in protecting Malaysia’s national security; and opposition to resolving this problem is an obstacle to the maintenanc­e of the country’s national survival.

Finally, the government of New Malaysia must accept the fact that Bumiputera economic security is an integral component of national security, which must be solved through approaches free from stereotype­d racial jealousy and societal prejudice.

... Bumiputera from all walks of life must move in a collective and preemptive manner to produce a thorough and detailed blueprint containing proposals and strategies to overcome their existing predicamen­t.

The writer is a former member of parliament for Parit Sulong, Johor (1990 to 2004).

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 ?? FILE PIC ?? Bumiputera traders at a Bumiputera Entreprene­urs Expo last year. Bumiputera economic security is an integral component of national security.
FILE PIC Bumiputera traders at a Bumiputera Entreprene­urs Expo last year. Bumiputera economic security is an integral component of national security.
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