Second Takeoff: Strategies For Malaysia's Economic Resurgence

Second Takeoff: Strategies For Malaysia's Economic Resurgence

Author: Chin Tong Liew

Publisher: World Scientific

Published: 2024-07-01

Total Pages: 389

ISBN-13: 9811290571

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The Malaysian economy is at a crossroads amid global and regional shifts in geopolitics. Malaysia is in a prime position to benefit from the renewed appetite for investment into the region. If Malaysia gets its priorities right, this could be the beginning of the country's next economic takeoff.An updated collection of Chin Tong's writings on economics, society and governance over the years, this book provides policy suggestions to catapult Malaysia's development to the league of high-income nations amid ongoing geopolitical trends. Central to his thesis is the need for Malaysia to create a middle-class society, in which the economic structure supports the creation of dignified jobs with decent pay for all Malaysians.Chin Tong is no stranger to the centrality of jobs in the pursuit of a good life, having grown up selling lottery tickets alongside his mother and waiting tables as a teenager to make ends meet for his working-class family. His eventual experience as a Member of Parliament for over a decade and a Deputy Minister in two different administrations further confirmed his beliefs that good jobs are the crucial missing component in Malaysia's growth engine.In this book, Chin Tong takes us on a whirlwind tour of Malaysia's socio-economic history, what went wrong after the first growth miracle of 1988-1997 and how to make things right this time around. Ultimately, the book tells the story of how to fulfil Chin Tong's undying wish for a Malaysia where everyone has a chance to live a good life with a good job under a responsible and kind state.


Second Takeoff

Second Takeoff

Author: Chin Tong Liew

Publisher: World Scientific Publishing Company

Published: 2024-09-02

Total Pages: 0

ISBN-13: 9789811291609

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The Malaysian economy is at a crossroads amid global and regional shifts in geopolitics. Malaysia is in a prime position to benefit from the renewed appetite for investment into the region. If Malaysia gets its priorities right, this could be the beginning of the country's next economic takeoff. An updated collection of Chin Tong's writings on economics, society and governance over the years, this book provides policy suggestions to catapult Malaysia's development to the league of high-income nations amid ongoing geopolitical trends. Central to his thesis is the need for Malaysia to create a middle-class society, in which the economic structure supports the creation of dignified jobs with decent pay for all Malaysians. Chin Tong is no stranger to the centrality of jobs in the pursuit of a good life, having grown up selling lottery tickets alongside his mother and waiting tables as a teenager to make ends meet for his working-class family. His eventual experience as a Member of Parliament for over a decade and a Deputy Minister in two different administrations further confirmed his beliefs that good jobs are the crucial missing component in Malaysia's growth engine. In this book, Chin Tong takes us on a whirlwind tour of Malaysia's socio-economic history, what went wrong after the first growth miracle of 1988-1997 and how to make things right this time around. Ultimately, the book tells the story of how to fulfil Chin Tong's undying wish for a Malaysia where everyone has a chance to live a good life with a good job under a responsible and kind state.


Commentary On Singapore, Volume 2: Economy, Environment And Population

Commentary On Singapore, Volume 2: Economy, Environment And Population

Author: Gillian Koh

Publisher: World Scientific

Published: 2024-05-03

Total Pages: 210

ISBN-13: 9811281084

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Thought-leaders contributing to this volume include Piyush Gupta, Laurence Liew, Lee Tzu Yang, Geh Min, and more!This volume comprises essays by Singapore thought-leaders republished from various issues of the annual journal of the National University of Singapore Society called Commentary.The chapters have been curated to provide historical review of Singapore's journey in economic, ecological and social development. Centred around the theme of sustainability, together, they provide a rich account of how the issues of environmental management and human resource development were pursued in tandem with strategic industrial policy from the early days of independence.They also convey how the current plans to take the country into the age of the Industrial Revolution 4.0 of digitisation and artificial intelligence, to continue to be the hub of hubs in the new economy, cannot and must not be at the expense of ecological health and a strong sense of stakeholdership among Singaporeans. The issues about immigration in the face of demographic decline, the choices in the sources of energy to power the economy in a carbon-constrained world, and the competition that a small state must continue to respond to as new growth sectors reshape the global economy are tackled by the eminent thought-leaders who contributed the chapters.While this is not new material, the reader will be surprised by how the debates about the policy choices and the expressions regarding what is important for Singapore and Singaporeans to achieve true and enduring national wealth remain fresh in this highly accessible edited book.


Commentary On Singapore (In 3 Volumes)

Commentary On Singapore (In 3 Volumes)

Author: Gillian Koh

Publisher: World Scientific

Published: 2024-05-03

Total Pages: 644

ISBN-13: 9811299781

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These volumes comprise of essays by Singapore thought-leaders republished from various issues of the annual journal of the National University of Singapore Society called Commentary.


Perspectives on Economic Integration and Business Strategy in the Asia-Pacific Region

Perspectives on Economic Integration and Business Strategy in the Asia-Pacific Region

Author: Sam Dzever

Publisher: Springer

Published: 1997-08-12

Total Pages: 265

ISBN-13: 1349256412

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The book contains selected papers presented at two international Euro-Asia research conferences held in Nantes and Poitiers, France, in 1994 and 1995. These papers are among the most recent empirical works concerned with the analysis of economic transformation and business strategy in the Asia-Pacific region. Various themes are addressed ranging from an assessment of the environment to more specific issues, e.g. business and marketing strategies of firms operating in this region. Countries given particular attention include: China, Japan, South Korea, India, Taiwan and Vietnam. The book represents a comprehensive and up-to-date appraisal of the effects of economic transformation and business strategy of firms operating in one of the world's most dynamic regions.


Agricultural Trade Policy in Developing Countries During Take-off

Agricultural Trade Policy in Developing Countries During Take-off

Author: Michael Stockbridge

Publisher: Oxfam

Published: 2007

Total Pages: 62

ISBN-13: 0855985844

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Agricultural trade has always been one of the most sensitive international trade issues. Governments around the world have long been reluctant to abandon policy instruments that give them influence over domestic prices and allow them to raise revenues. This study looks briefly at the agriculture and trade policies of six different developing countries, each of which has enjoyed unusually high rates of economic growth and development: South Korea, Malaysia, Indonesia, Viet Nam, Chile, and Botswana. Their experience may shed further light on the extent to which governments should retain their powers to intervene in trade as opposed to relinquishing them in favour of market liberalisation.


Regional Economic Outlook, October 2008, Sub-Saharan Africa

Regional Economic Outlook, October 2008, Sub-Saharan Africa

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2008-10-10

Total Pages: 99

ISBN-13: 1589067630

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Sub-Saharan Africa's prospects have deteriorated somewhat and the risks have increased, according to this report. Growth in the region is projected to dip to 6 percent in 2008 and 2009. The fall is due mainly to the global food and fuel price shock, which has weighed particularly on growth in oil-importing countries, and to the global financial market turmoil, which has slowed global growth and demand for Africa's exports. Inflation is expected to rise to 12 percent in 2008, mainly on account of the food and fuel price shock. As a result of rising prices, particularly of food, poverty may well be on the increase in 2008. In 2009, inflation should ease to 10 percent, helped by recent commodity price declines. There are significant risks to the outlook related to a potentially deeper and longer period of global financial turmoil and resulting slowdown in global activity, and substantial uncertainty concerning commodity prices.


Export-oriented Development Strategies

Export-oriented Development Strategies

Author: Vittorio Corbo

Publisher: Routledge

Published: 2019-03-08

Total Pages: 356

ISBN-13: 0429691335

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This book originated with a conference that we held at Pontificia Universidad Cat61ica de Chile in late 1981. When we organized the conference, our focus was to provide policymakers and entrepreneurs with a summary of the experiences and lessons of countries that have pursued policies geared to export-led growth. After the conference we decided that the papers would be useful to a much wider audience and should be prepared for publication. The revised papers are contained in this volume.


Lao People's Democratic Republic

Lao People's Democratic Republic

Author: International Monetary Fund. Asia and Pacific Dept

Publisher: International Monetary Fund

Published: 2013-12-20

Total Pages: 67

ISBN-13: 1475549156

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This 2013 Article IV Consultation highlights that over the past year, the economy of the Lao People’s Democratic Republic has been overheating from expansionary macroeconomic policies. The fiscal deficit is estimated to have widened to 61⁄2 percent of GDP, mainly fro'm a doubling of public sector employee compensation and higher capital spending. Government liquidity is tight, and wage and other arrears of 2–3 percent of GDP have emerged. Monetary policy has been accommodative, and credit growth remains vigorous. Although medium-term growth prospects remain favorable, based on robust natural resource exports and post-WTO expansion in the nonresource sectors, heightened vulnerabilities have subjected the outlook to considerable uncertainty.