Rethinking Economics

A Framework for Malaysia to Escape the Middle Income Trap

In the decade leading up to the Asian Financial Crisis (AFC), Malaysia was regarded as an Asian tiger economy, achieving GDP growth rates north of 9%. However, post-crisis the nation’s GDP growth and more importantly per capita income, whilst encouraging has been lower than other leading emerging/East Asian economies. The proponents of Rethinking Economics are of the view that new innovative ideas in economics can be harnessed to reshape Malaysia’s economy to become an Asian tiger economy once again.

Latest Publications

May 29, 2023
In Demand: Lessons For Europe From the Asian Financial Crisis
As Europe continues to seek a solution to its ongoing financial crisis
May 29, 2023
Looking Back at the Asian Financial Crisis
Twenty years after the Asian financial crisis, it is important to understand the situation
May 29, 2023
The Restructuring of the Malaysian Economy
The appointment of 92-year-old Mahathir Mohamad as the prime minister of Malaysia
May 29, 2023
My Say: Should we be beholden to the international rating
Richard Breeden, a former US Securities and Exchange Commission
May 29, 2023
MySay: Fortune favours the bold
In the decade leading up to the 1997/98 Asian financial crisis
May 24, 2023
MySay: Is mainstream economics still relevant?
There is a major revolution in economics happening following the Global Financial
May 24, 2023
MySay: Do we remain an ocelot or become an Asian Tiger?
The conclusion of Harvard Business School’s recent case study on Malaysia
May 24, 2023
my Say: Applying lessons in economic history to resolve the crisis arising from the coronavirus outbreak
In my last article “Enduring financial distress and delivering a successful restructuring