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.
All in Policy
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Historical discrimination can have serious contemporary consequences via arcane laws or outdated organisations.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.
Are we prepared to handle the inevitable social fallout from greater automation, as well as the difficult decisions arising from creative destruction?
The choice of what economic activities to pursue – and therefore, what things to export – is the domain of Industrial Policy.
Approaches to tackling inequality need to take into account the larger picture of national development. We cannot miss the forest for the trees.
Once something is ‘conventional wisdom’ or a ‘norm,’ and if that something manages to persist over time, it can be extremely difficult to break from that norm. It is why change is so difficult.
There is no magic silver bullet that will solve inequality of income or opportunity. Instead, we should be prepared to invest in a holistic way to address inequality in society.