The choice of what economic activities to pursue – and therefore, what things to export – is the domain of Industrial Policy.
All tagged GDP
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.
This is my third argument on why a depreciating Ringgit is sub-optimal for the Malaysian economy.
what is of paramount importance to understand is that what is good at the aggregate is not necessarily good when disaggregated.
It may be cliché to say, but when you are at the top, the only way to go is down.
have we – our leaders and ourselves – become complacent as we reaped the rewards of Malaysia’s remarkable development over the past 58 years?
Do we do certain things because we are a product of our environment, regardless of whether that thing we do leads us to optimal or suboptimal outcomes?
I have some issues with recent policies in Malaysia, particularly those that deal with government revenue and government expenditure.
after the subprime crisis in the United States and the ongoing Eurozone crisis, questions have been raised on the efficacy and value of capitalism as the world’s economic system.
Malaysia’s transformation must go beyond projects and policies – it must embrace the technological super-cycles that shape global economic history.