Malaysia’s favourable ranking in terms of international competitiveness masks its institutional weaknesses. Malaysia should reform its institutions to address these weaknesses to remain competitive.
There is a need to stimulate the domestic economy, particularly investment, as the economy has largely been driven by consumption and the external sector in the past several years. Now that the external segment has toned down, the domestic sector has little choice but to step up further.
Reveals that, despite the rapid growth of Malaysia and other South-East Asian economies, very little is known about innovation in the region. Using Malaysia as an example, the evidence shows that technological and organizational innovation at the local transnational corporation (TNC) plant level has played a major part in Malaysia’s export success. [Download]
Foreign direct investment (FDI) has played a critical role in Malaysia’s development strategy. The government continues to rely heavily on FDI as a means to finance development. However, FDI stocks for Malaysia have been stagnating since the financial crisis and is worrying especially when compared to our competitors.
Publication/Conference MIERScan, 18 February 2008.
The food industry is generally the least vulnerable to economic changes in the world. Food markets are constantly evolving, driven not only by changes in consumer preferences, but also by technology, linkages between members of the food supply chains, prevailing policies and business environments.