Tracing the evolution of the New Economic Policy into the New Economic Model, Dr Jeyakumar Devaraj presents a critique of Malaysian economic policy plus some preliminary thoughts on the way forward.
There is a chance that the government may institute a minimum wage, says Rani Rasiah. But the catch is it is likely to be merely cosmetic, and not a minimum living wage.
Reign in the Hyenas! Invite in the Sabre-Toothed Tigers! The NEM policies are actually recycled neo-liberal IMF/World Bank prescriptions, warns Jeyakumar Devaraj.
Najib’s New Economic Model may look impressive on the surface. But, in our cover story, Jeyakumar Devaraj asserts that NEM policies are actually recycled neo-liberal IMF/World Bank prescriptions for developing countries.
Francis Loh, for his part, wonders how the NEM’s plan to decentralise decision-making can be possible when the BN federal government is uninterested in sharing power with state and local governments.
One of Najib’s reform initiatives aims at decentralisation in decision making and devolution of powers. But how will this be possible when, as Francis Loh observes, the BN federal government has been most disinterested in sharing power with the state and local levels of government?