id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ssh-3520	Liu, Wenqing	From 'Looking East' to the 1997 Asian Financial Crisis: How Mahathir Mohamad Steers Malaysia's Economic Development from the 1980s to 2000s	2023	5	.pdf	application/pdf	2812	132	39	With increasing equity ownership by Bumiputera, the NEP had bred a subsidy mentality and increasing inefficiency, which hindered economic growth and aggravated corruption and bureaucracy while being widely criticized abroad and by the large Chinese and Indian ethnic groups in the country. In 1982, the Malaysian government, under Mahathir's administration, launched the Look East Policy to seek socio-economic development by adopting and emulating practices and models from Japan, South Korea, and other Asian Tiger economies, which enjoyed rapid economic growth before the financial crisis in 1997.	cache/ssh-3520.pdf	txt/ssh-3520.txt