Malaysian government’s debt to approach RM1 trillion by 2020

economy-ringgit

 CPI Introduction This is the second part of a three-part CPI series on Malaysian debt. The first part, entitled, ‘Investigate Malaysia’s debts now’ , surveyed the overall debt situation. This part examines the trend in government debt. The upcoming part, Malaysia’s debt: the misleading debt-to-GDP ratio will concern Malaysia’s total debt. Statistics reveal that in … Read more

Investigate Malaysia’s debts now

ringgit-debt

This is the first part of a three-part CPI series on Malaysian debt. It analyses former PM Mahathir Mohamad’s claim that Malaysia’s debt is healthy. The following parts will consider respectively the trajectory of government debt and the shortcomings of the debt-to-GDP ratio used to appraise Malaysia’s debt level. Part 2 – ‘Malaysian government debt … Read more

Is Malaysia’s monarchy “above politics”?

monarchy-politics

Speaking at the launch of a book on the Malaysian monarchy, Malaysian prime minister Najib bin Razak said that the Malay Rulers “are above politics” (see ‘ Najib: Constitutional monarchy fosters stability, prosperity ’, The Malaysian Insider, 30 Jan 2013). He said that the Malaysian monarchy “provides a solid foundation” for turning Malaysia into a … Read more

What change? A reply to Dr Mahathir Mohamad

mahathir-warship

  Former prime minister Dr Mahathir Mohamad published a piece called ‘Change’ yesterday in his blog. In it he asked why change governments. He then criticised the socialist ideology. He strangely claimed that “Malaysia has no ideology”. That is completely untrue. When Mahathir came into power in 1981, Malaysia was introduced to the neoliberal ideology. … Read more

Is interracial integration more possible under convergence or divergence?

mal-edu2

The recently announced National Education Blueprint contains nothing new. And it shows the powers-that-be have no real intention to listen to the public or make any bold reforms to our ailing education system. It is a repetition of the sad old story about racial prejudice, not much different from the so-called ‘National’ Education Policy which … Read more