Malaysia
Malaysia

Author: Shankaran Nambiar

Publisher: Strategic Information and Research Development Centre

Published: 2022-12-07

Total Pages: 143

ISBN-13: 9672464770

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Transformation without thought runs the risk of being short term or a kneejerk reaction to events. Shaping the future requires forethought, planning and informed decision making. Nambiar has made it his business to encourage us all to think, and provides us with some trenchant thoughts and ideas to help us along the way. Datuk Seri Anwar Ibrahim. President, Parti Keadilan Rakyat A must read if you want op-eds about key issues in the economy before and after a momentous event: regime change in Malaysia. Edmund Terence Gomez. Professor of Political Economy, University of Malaya  A wide ranging discussion of the economic issues leading up to GE14, predicating the same questions facing the new PH government, from the debt crisis created by the 1MDB debacle, to macroeconomic imbalances and geo-economic challenges, and the prospects of economic transformation. An informative economic buffet for the new ministers and their advisors to chew on. Tan Sri Dr. Kamal Salih. Founding Executive Director, Malaysian Institute of Economic Research Nambiar once again presents us with a remarkable collection relevant to anyone interested in Malaysia's economy, impressive in both its breadth and depth of issues covered. Incisive and bold, he proffers solutions for our many existing policy problems - a practical handbook for economists, policymakers and think tankers. Tricia Yeoh. Fellow, IDEAS

Malaysia's Socio-Economic Transformation
Malaysia's Socio-Economic Transformation

Author: Sanchita Basu Das

Publisher: Flipside Digital Content Company Inc.

Published: 2014-11-07

Total Pages: 397

ISBN-13: 9814519634

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Since 1957, Malaysia's economic development has been an account of growth, transformation, and of structural change. More than 75 per cent of its gross domestic product (GDP) comes from the manufacturing and services sectors. However, Malaysia is stuck in a middle-income trap and is facing challenges on the economic and political front. In June 2010, Prime Minister Najib Razak unveiled the 10th Malaysian Plan (2011-15) to chart the development of Malaysia from a middle- to high-income nation. This publication represents a policy-oriented stocktake and evaluation by academics, policymakers, and business people on Malaysia's achievements, present work-in-progress endeavours, and some of the future challenges facing the nation in its pursuit to achieve a developed high-income country status.

The Great Transformation
The Great Transformation

Author: Karl Polanyi

Publisher: Penguin Classics

Published: 2024-06-20

Total Pages: 0

ISBN-13: 9780241685556

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'One of the most powerful books in the social sciences ever written. ... A must-read' Thomas Piketty 'The twentieth century's most prophetic critic of capitalism' Prospect Karl Polanyi's landmark 1944 work is one of the earliest and most powerful critiques of unregulated markets. Tracing the history of capitalism from the great transformation of the industrial revolution onwards, he shows that there has been nothing 'natural' about the market state. Instead of reducing human relations and our environment to mere commodities, the economy must always be embedded in civil society. Describing the 'avalanche of social dislocation' of his time, Polanyi's hugely influential work is a passionate call to protect our common humanity. 'Polanyi's vision for an alternative economy re-embedded in politics and social relations offers a refreshing alternative' Guardian 'Polanyi exposes the myth of the free market' Joseph Stiglitz With a new introduction by Gareth Dale

Capitalism on Edge
Capitalism on Edge

Author: Albena Azmanova

Publisher: Columbia University Press

Published: 2020-01-14

Total Pages: 130

ISBN-13: 0231530609

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The wake of the financial crisis has inspired hopes for dramatic change and stirred visions of capitalism’s terminal collapse. Yet capitalism is not on its deathbed, utopia is not in our future, and revolution is not in the cards. In Capitalism on Edge, Albena Azmanova demonstrates that radical progressive change is still attainable, but it must come from an unexpected direction. Azmanova’s new critique of capitalism focuses on the competitive pursuit of profit rather than on forms of ownership and patterns of wealth distribution. She contends that neoliberal capitalism has mutated into a new form—precarity capitalism—marked by the emergence of a precarious multitude. Widespread economic insecurity ails the 99 percent across differences in income, education, and professional occupation; it is the underlying cause of such diverse hardships as work-related stress and chronic unemployment. In response, Azmanova calls for forging a broad alliance of strange bedfellows whose discontent would challenge not only capitalism’s unfair outcomes but also the drive for profit at its core. To achieve this synthesis, progressive forces need to go beyond the old ideological certitudes of, on the left, fighting inequality and, on the right, increasing competition. Azmanova details reforms that would enable a dramatic transformation of the current system without a revolutionary break. An iconoclastic critique of left orthodoxy, Capitalism on Edge confronts the intellectual and political impasses of our time to discern a new path of emancipation.

Reflections on the Malaysian Economy Post-GE 14 : Issues and Challenges (UUM Press)
Reflections on the Malaysian Economy Post-GE 14 : Issues and Challenges (UUM Press)

Author: Irwan Shah Zainal Abidin

Publisher: UUM Press

Published: 2021-10-03

Total Pages: 144

ISBN-13: 9672486588

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The victory of the Pakatan Harapan (PH), or the Alliance of Hope on May 9, 2018 in the Malaysian 14th General Election (GE14) was not just stunning, but historic. Moreover, the second comeback of Tun Dr. Mahathir Mohamad as the seventh Prime Minister of Malaysia was indeed impressive. The results of the GE14 were clearly against the tide as many political pundits and analysts had predicted a win for the Barisan Nasional (BN) coalition with differences only in matters of margins. Similar to Malaysia’s 13th General Election (GE13), which was held on May 5, 2013, the main issue in the GE14 was also about the economy. The rise in cost of living was perhaps the mother of all issues which caused the downfall of the BN government for the first time since independence. Other crucial economic issues centered on alleged corruption practices and manifested through the 1Malaysia Development Berhad (1MDB) saga. As a new federal power for 22 months, the PH government had a daunting task not just to address economic issues mentioned above, but also the other alleged economic problems which they had highlighted in their election manifesto. On top of that, the PH government had the responsibility to maintain, if not to improve further what the BN government had done to the Malaysian economy in the past, of which World Bank economists described as a success story, “a very strong economy” and “growing towards a high-income.” Post-GE14, what is the state of the Malaysian economy and its direction? What are lessons that can be learned from the PH economic management? And with the Perikatan Nasional (PN) government succeeding the federal power in March 2020 in the midst of the Covid-19 pandemic, what are the pressing issues and what needs to be done moving forward especially in the context of the economic challenges arising from the pandemic and post-Covid-19 era? These are some critical questions which this book is trying to address. The book essentially argues for the need to give greater focus to economic issues above anything else by envisioning a new national vision and engineering a new wave of economic structural reforms primarily based on insights from the vast Malaysian economic history lessons

Beyond Digital
Beyond Digital

Author: Paul Leinwand

Publisher: Harvard Business Press

Published: 2022-01-04

Total Pages: 142

ISBN-13: 1647822335

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Two world-renowned strategists detail the seven leadership imperatives for transforming companies in the new digital era. Digital transformation is critical. But winning in today's world requires more than digitization. It requires understanding that the nature of competitive advantage has shifted—and that being digital is not enough. In Beyond Digital, Paul Leinwand and Matt Mani from Strategy&, PwC's global strategy consulting business, take readers inside twelve companies and how they have navigated through this monumental shift: from Philips's reinvention from a broad conglomerate to a focused health technology player, to Cleveland Clinic's engagement with its broader ecosystem to improve and expand its leading patient care to more locations around the world, to Microsoft's overhaul of its global commercial business to drive customer outcomes. Other case studies include Adobe, Citigroup, Eli Lilly, Hitachi, Honeywell, Inditex, Komatsu, STC Pay, and Titan. Building on a major new body of research, the authors identify the seven imperatives that leaders must follow as the digital age continues to evolve: Reimagine your company's place in the world Embrace and create value via ecosystems Build a system of privileged insights with your customers Make your organization outcome-oriented Invert the focus of your leadership team Reinvent the social contract with your people Disrupt your own leadership approach Together, these seven imperatives comprise a playbook for how leaders can define a bolder purpose and transform their organizations.

Global Economic Prospects, June 2021
Global Economic Prospects, June 2021

Author: World Bank

Publisher: World Bank Publications

Published: 2021-08-03

Total Pages: 339

ISBN-13: 1464816662

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The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.

Striving for Inclusive Development
Striving for Inclusive Development

Author: Sultan Nazrin Shah

Publisher: Oxford University Press, USA

Published: 2020-01-19

Total Pages: 560

ISBN-13: 9789834729769

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By the author of the highly acclaimed Charting the Economy, this book is the most comprehensive study yet of Malaysia's impressive economic and social transformation over the past 150 years. Drawing on primary data sources, archival documents and cutting-edge national and international research, Sultan Nazrin Shah traces in detail Malaysia's fascinating journey, starting from the signing of the seminal Pangkor Treaty in 1874, through British occupation to the present. The author unearths the true roots of Malaysia's economic and social development-its people, their human capital and well-being, as well as economic structures-including how the British established institutions for the expansion of the lucrative tin and rubber trade, and how they encouraged labour immigration to support their economic ambitions. The outbreak of World War II and the Japanese occupation forced the British to rethink their strategy for Malaya, which experienced a sequence of turbulent events through to the formation of Malaysia in 1963. The 1960s saw solid economic growth, but it failed to benefit the bulk of the population, helping to trigger ethnic clashes. One response by the government was the start of redistributive policies and aggressive affirmative action, with the launch of the New Economic Policy in 1971. Almost 50 years later, sustained rapid economic growth and a modernizing economy have led to fast-rising incomes, the ending of extreme poverty and the emergence of a sizeable middle class, despite setbacks during financial and economic crises. Striving for Inclusive Development makes it clear that the country still faces huge and complex challenges. Building on its analysis of the past, this landmark book concludes with a forward-looking assessment of these challenges, and sets out Sultan Nazrin Shah's vision for an inclusive and sustainable future.