Power distance and our “VIP culture”, which may have worked in different instances in the past or indeed in the present for a given objective, is unlikely to be conducive to future economic development objectives
All in Policy
Power distance and our “VIP culture”, which may have worked in different instances in the past or indeed in the present for a given objective, is unlikely to be conducive to future economic development objectives
Technology need not be predestined, and technology policy is something policymakers can influence. Governments can and should shape the kinds of digital technology they believe their countries can adopt and deploy.
When it comes to competition, if Malaysia’s largest firms primarily compete among themselves for an “island-type” market size, how productive can they actually be?
Ultimately, while we must certainly care about infrastructure and the economy, it is real lives and real people that form the centre of our preparations towards more frequent tail events.
The implementation of vaccine distribution will make or break our vaccination strategy and will have important consequences for our more macroeconomic outcomes such as GDP growth and employment rates.
Trust is key to an all-of-society approach to tackling Covid-19, but trust must be earned, not just assumed.
The underlying reason behind Malaysia’s vulnerability to a halt in production — via measures such as the Movement Control Order — is because large chunks of its jobs do not lend themselves to the possibility of working from home.
Historical discrimination can have serious contemporary consequences via arcane laws or outdated organisations. We need to be more critical of institutions, however “fair” they may purport to be.
AUTOMATION THAT DISRUPTS EMPLOYMENT WITHOUT A CORRESPONDING BOOST IN PRODUCTIVITY ARE LABELED AS ‘SO-SO’ TECHNOLOGIES. AS WE CONSIDER WHAT FORMS OF TECHNOLOGY WE WANT TO SUPPORT AND PUSH FOR, WE NEED TO BE MORE NUANCED.
All this is important as we embark on the new wave of economic policymaking. Either go big or stay home.
Culture clearly matters and, unfortunately, culture is something that is super difficult to change overnight, especially a culture of tradition.