In a simple definition, the New Economic Policy is Malaysias socioeconomic affirmative action plan. It was implemented in 1971 in the aftermath of the 1969 racial riots, and the period set for the implementation of NEP was 1971- 1990. The overriding objective of the NEP was stated as national Unity. The goal of the NEP was two pronged one, eradicate poverty; and two, restructure society to eliminate the identification of race with economic function through rapid expansion of the economy over time. However, it was clearly stated that this restructuring of the racial composition of employment and ownership of wealth was to be done without denying opportunities to others. New Economic Policy brings more advantages than disadvantages to Malaysian economy. Discuss the statement given above.