There is currently a muddled narrative in Malaysia and elsewhere that the country is in some sense ‘stuck in the middle’. It is true that growth has slowed, that the country has been in the ranks of middle-income developing countries for some decades, and that export-oriented economies may not be able to rely on strong global trade growth for the next few years. But the notion of being ‘stuck in the middle’ is devoid of analytical content. It is one thing to observe that, at very high levels of per capita income, as countries approach the frontiers of wealth, growth slows down. But Malaysia is way off such a point. The country’s slowdown is self-inflicted, and there is nothing mysterious about the way out. What is needed is determined, reform-oriented government. Hal Hil comments on what needs to be done with the Malaysian economy. Continue reading
Malaysia’s highly open economy is expected to slow further during the remainder of 2011 and may pick up only in the second half of 2012. But, while Malaysia’s projected growth is slowing due to external factors, improvements can be made domestically, including by investing in smarter cities. Continue reading
The Oxford Business Group analyses the IT sector and human capital in Malaysia. Continue reading
The Oxford Business Group is full of praise for Najib Razak’s 2012 Budget Continue reading
Morgan Stanley’s (Singapore office) analysis of Malaysia’s 2012 Budget. Continue reading
Malaysia should seriously consider rebalancing its economy, argues Shnkaran Nambiar. Continue reading
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Nurhisham discusses the middle income trap and is positive about Malaysia. He notes that “In fifty years from now, people will look back and see these next 2-3 decades as Malaysia’s golden era. While the ETP and NEM will probably get the credit, this is a structural transformation that’s been years in the making.” Continue reading