27 September 2006

Mahathir Mohamad

Dr. Mahathir Mohamad (born July 10, 1925) is the former Prime Minister of Malaysia. He held the post from 1981 to 2003. During his term in office he was credited for engineering Malaysia's rapid modernization and the resulting growth of prosperity.
During his term in office, Mahathir turned Malaysia into a regional high-tech manufacturing, financial, and telecommunications hub through his economic policies based on corporate nationalism, known as the various "Malaysia Plans" which set out the government middle-term objectives. These policies remained in effect almost to the end of his tenure in office.
His pet projects have included Perwaja Steel, an attempt to emulate South Korea and Japan, the Proton car company, and Astro, a satellite television service.
Mahathir is credited with spearheading the phenomenal growth of the Malaysian economy, now one of the largest and most powerful in South East Asia. Growth between 1988 and 1997 averaged over ten percent and living standards rose twenty-fold, with poverty almost eradicated and social indicators such as literacy levels and infant mortality rates becoming on par with developed countries.

Can we borrow him?

No comments: