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Role of Multiple Stakeholders in Strengthening National Identity & Nation Building. Datuk Paul Low Vice President Federation of Malaysian Manufacturers. Key Imperatives. Sustainable economic growth Generating wealth Income/ wealth disparity Role of NGOs. 1. Sustainable Economic Growth.
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Role of Multiple Stakeholders in Strengthening National Identity & Nation Building Datuk Paul Low Vice President Federation of Malaysian Manufacturers
Key Imperatives • Sustainable economic growth • Generating wealth • Income/ wealth disparity • Role of NGOs
1. Sustainable Economic Growth • Globalisation, international competitiveness and availability of choices • Knowledge-driven economy • Sources and process of generating wealth
2. Generating Wealth • Education opportunity to pursue preferred field of study • Support to pursue invention and commercialisation • Originator and risk taker to be rewarded • Institutions and system support (policies, incentives, grants etc) must have integrity and clarity of purpose • Non discriminatory – based on merit of each case and transparent
3. Income/ Wealth Disparity • Reduce gap between the upper income and lower income. Create a large middle class society. • Reduce gap within and between ethnic groups • Facilitate inter-ethnic collaboration
Role of NGOs • Symbiosis with the public sector – policy advocacy, plan formulation, offer feedback and solutions • Industrial community development • Knowledge & information dissemination • Training and education • Industry standardisation • e-commerce • Collaboration • Social responsibility • Help to stamp out corruption • Help the underprivileged • Do not pollute the environment