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
All in 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
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”.
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?
Therefore, it isn’t that less bureaucracy is a good thing; we just need a high-performing bureaucracy. We really need to quit sabotaging our organisations, public and private.
So, as we aspire to be “innovative” or “creative”, we must learn to be better at evaluating plausible useful counterfactuals. Playing too safe doesn’t really get us anywhere beyond what may be in textbooks. And being too unanchored just creates arguments as useful as those in YouTube comments.
The best part about reading stuff is learning new ideas and seeing how they might connect to other ideas or be applicable to certain situations or circumstances. So with that in mind, I thought I would just share four of the most interesting ideas I learnt in 2023, be it from books or articles.
It isn’t just our national finances that can ill-afford such populist measures, it is our entire development path. Can we come together to better understand our elite social terrain, and make moves towards a more sustainable future?
Global politics have historically coincided with the advancement of science and technology, in large part because global competition — be it among companies, firms or individuals — allows for greater funding of innovation. We are in such an “era”.
The point of the article was to figure out, in a somewhat tongue-in-cheek manner, some better indicators for Malaysia’s economic development as opposed to the more popular ones. And so, in a further adaptation of Blattman’s concept, I have proposed a further 10 “indie” development indicators.
Survival requires adaptability and agility, making full use of all the tools in our toolbox, instead of being a hammer treating everything as nails. And our longer-term future depends on our ability to grow, change and innovate — we should take a cue from nature and be as creative as we can be.
Those in power typically prefer the status quo; after all, rules were made by those who were powerful enough to set the rules in the first place. And while rules are ostensibly made for the benefit of all, they are rarely, if ever, made at the expense of those in power.
The reality of economic development is that, however we feel about them, elites exist and the elite bargain does matter. And an elite bargain that accelerates economic growth may not necessarily be the same bargain that maintains that growth.