We are halfway towards the year 2020. The average real income per capita compared to advanced nations (Organisation of Economic Cooperation and Development), Malaysia’s real income per capita rose 1% from 14% to 15% between 1997 to 2007.
South Korea’s grew 10 percentage points from 44% to 54% over the same period.
In the early 70s, Malaysia could be considered at par with South Korea. Today, the gap has widened. We need to increase our efforts and focus on keeping pace with countries like South Korea. We only have 12 years before 2020.
Malaysia under Barisan Nasional – pitiable progress