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About Nick: i am an economist based in malaysia. I write about ECONOMIC DEVELOPMENT AND POLITICAL ECONOMY, while sneaking in a pop culture reference or two.

Nicholas Khaw

Mar 1
Mar 1 Green Day Lyrics and the Global Political Economy

Nicholas Khaw
Democracy, Malaysia, Justice, Politics, U.S.A.

the most important takeaway from the May 2018 election wasn’t about who won the election; it was about the rakyat knowing that it was possible to and that we actually held the power to democratically change governments in peaceful ways

Feb 1
Feb 1 What We Need to Go Long on Southeast Asia

Nicholas Khaw
Capitalism, Economic Growth, History, Policy, Politics, Trust

Tthe countries that can address the political economy of business in Southeast Asia — historically a family affair — will be best placed to capitalise on the investment story of Southeast Asia

Dec 28
Dec 28 Four Cool Ideas from 2024, and Four Questions

Nicholas Khaw
Economics, History, Justice, Politics, Reflections

But if we can hold off zombie interest groups for public policy, learn not to put human beings on pedestals, but simply take what their best and wisest decisions are for ourselves, while respecting our own mental health and that of everyone around us, maybe we’ll get through 2025 alright.

Dec 7
Dec 7 Liverpool, Asean and Malaysia’s CREDs

Nicholas Khaw
Justice, Malaysia, Politics, Reflections, Trust

CREDs cannot just be about the vibes. Credibility, and therefore trust, cannot be earned overnight and merely through words

Nov 2
Nov 2 Subsidy Rationalisation and the Need for New Moats

Nicholas Khaw
Economic Growth, Innovation, Malaysia, Policy

But the broader point is that we need more Malaysian companies whose moat goes beyond “cost advantage”

Oct 5
Oct 5 Income, Not Cost, in an Increasingly Inflationary World

Nicholas Khaw
Economic Growth, Economics, Policy, Politics

in reality, Malaysia’s main problem is not so much that costs are getting higher — this is true everywhere. Our main problem is that incomes are not rising as quickly and this is where the bulk of our attention should be

Sep 7
Sep 7 ‘Indie’ Public Goods for Modern-Day Malaysia

Nicholas Khaw
Culture, Democracy, Education, Malaysia, Policy, Reflections

And so, here is a list of eight (completely arbitrary number) “indie” public goods that we think would make Malaysia — or in some cases, at least our immediate neighbourhoods — a better place to live for all.

Aug 3
Aug 3 Abraham Lincoln and Foreign Policy in the Year of Elections

Nicholas Khaw
Democracy, History, Politics, Reflections, U.S.A.

Whatever happens with global politics following the year of elections — especially with the US presidential election — navigating the waters of global policy means navigating “swamps, deserts and chasms”.

Jul 6
Jul 6 National Lessons from the (Finally) Serious 2023/24 Boston Celtics

Nicholas Khaw
Basketball, Reflections, Malaysia

if we really believe in the reforms or the development goals we wish to achieve, we have to hold fast, keep to the process, stay coordinated as a team, be willing to choose what’s right over who’s who and understand that nation-building is a never-ending journey

Jun 1
Jun 1 Subsidy Rationalisation and Diminishing Marginal Returns on Data

Nicholas Khaw
Economic Growth, Education, Malaysia, Policy, Statistics, Taxes

As such, as the government prepares for the final round of rationalising RON95 subsidies, it would do well to make “good enough” policy decisions — which is how life and evolution work anyway — rather than technically perfect policy decisions

May 4
May 4 KL20 and the Need for Accepting Failure

Nicholas Khaw
Capitalism, Economic Growth, Innovation, Malaysia, Policy, Technology

We must understand that trying new things means that some will fail, and that what is important is that we must fail in a way that allows us to move forward.

Apr 6
Apr 6 The Dark Knight and Malaysia’s Upcoming ASEAN Chairmanship

Nicholas Khaw
Economics, Policy, Politics

Taking the position as chair of Asean in 2025 requires some prioritisation of what is a national issue versus what is a regional or even global issue. Climate, electrification, food, regional geopolitical security, may be some of these issues, but what else?

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Hi, I'm Nick. My research interests and intellectual passions are in the the political economy of economic development particularly related to the long term persistence of historical events and cultural/institutional co-evolutionary factors on economic and public policy outcomes today.

I serve as an economist in Khazanah Nasional, Malaysia’s sovereign wealth fund, where I am Head of Research and Co-Head of Private Markets, Investments. My work covers Investments research, private markets investing (direct and indirect), Dana Impak, Khazanah’s knowledge management and Khazanah’s public policy engagement. I am also a Trustee of the Khazanah Research Institute.

I also write a monthly column for The Edge Malaysia.

 

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