16 Dec '15, 3am

Is There Light at the end of the Tunnel?: A Kadir JasinTHIS story is long. It may even be boring. But it is u...

Is There Light at the end of the Tunnel?: A Kadir JasinTHIS story is long. It may even be boring. But it is u...

9. The first major economic crisis in the post-NEP era happened soon after it was launched due to the global effect of the Arab oil embargo in 1973. Coupled with low commodity prices, it caused major hardship to the people. The crisis was dramatised by the Datuk Seri Anwar Ibrahim when he led a protest in Baling in 1974. Although Anwar was incarcerated under now-defunct ISA, several remedial policies were launched to assist rubber smallholders such as accelerated replanting, price support and improving educational facilities in the rural areas. That was also the period that saw Malaysia taking active part in international commodity agreements and in global trade arrangements.

Full article: http://kadirjasin.blogspot.com/2015/12/is-there-light-at-...

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