Syndicate content

Add new comment

Submitted by Greg Lopez on
Thank you Dr. Schellekens, Your report and an earlier analysis by Yusuf and Nabeshima (2009) confirm what many other economist and even ordinary Malaysians know - we're (I'm a Malaysian) not living up to our potential - the need to revitalize the dynamism of its economy as your report puts it. However, your report and many other institutional commentators do not identify the key bottleneck - which is Malaysia's political structure. In order to maintain political dominance but often crouched as infant industry argument - the government has has dominated vast segments of the national economy. The national interest is defined narrowly focusing on maintaining political dominance and not national competitiveness. I know that the Malaysian government would not have supported this report if it was critical of the Malaysian political system - but I do hope that privately, you and your team have pointed this out to them. My points are further elaborated in the following article: