Vission 2020

Wawasan 2020 or Vision 2020 is a malaysian ideal introduced by the former Prime Minister of Malaysia, Mahathir bin Mohamad during the tabling of the Sixth Malaysia Plan in 1991. The vision calls for the nation to achieve a self-sufficient industrialized nation by the year 2020, encompasses all aspects of life, from economic prosperity, social well-being, educational worldclass, political stability, as well as psychological balance. In order to achieve Vision 2020, Mahathir lamented that the nation required an annual growth of 7% (in real terms) over the thirty-year periods (1990–2020), so that the economy would be eightfold stronger than its 1990 GDP of RM115 billion. This would translate to a GDP of RM920 billion (in 1990 Ringgit terms) in 2020.Wawasan 2020 is also the title of an article by William Greider about globalization in Malaysia.Mahathir had outlined nine strategic challenges that Malaysia must overcome to achieve Vision 2020. The first challenge is establishing a united Malaysian nation made up of one Bangsa Malaysia (Malaysian Race). The second challenge is creating a psychologically liberated, secure and developed Malaysian society. The third challenge is fostering and developing a mature democratic society. The fourth challenge is establishing a fully moral and ethical society. The fifth challenge is establishing a matured liberal and tolerant society. The sixth challenge is establishing a scientific and progressive society. The seventh challenge is establishing a fully caring society. The eighth challenge is ensuring an economically just society, in which there is a fair and equitable distribution of the wealth of the nation. The last challenge is establishing a prosperous society with an economy that is fully competitive, dynamic, robust and