No true change and reform is straightforward. But markets, in almost all cases, prefer stability and the status quo – what is going on in Malaysia may be anathema to markets.
All tagged Dato' Sri Najib Tun Razak
No true change and reform is straightforward. But markets, in almost all cases, prefer stability and the status quo – what is going on in Malaysia may be anathema to markets.
Highly paid foreign workers (interchangeable with expatriates) do not consume the same things that the median Malaysian consumes.
I have some issues with recent policies in Malaysia, particularly those that deal with government revenue and government expenditure.
The reason that the election manifestos are so far apart is not because the Median Voter Theorem does not hold but rather, it is because there is incomplete information and different presumptions by both parties as to “who” exactly the Malaysian Median Voter is.