Analysis of economic and financial matters

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Malaysian Federal Government Budget – 28 years of misguided policies?

I would say that the 28 years (understudy) of policies made us be where we are today, as far as the Federal Government budget is concerned. Years of policies driven by purely economic growth (in GDP terms), produced massive build-ups of imbalances. Slowly, the budgets had been increasingly social and political driven (probably to increase…

STORIES OF LIFE

I finally had thought out what i would like to write and publish. Something that I had planned to do since 2001. But I suffer from writers “syndrome of perfection” – that is I want to publish only something that is perfect. Because of that I have so many drafts of books that I seemingly…

THE DARK WORLD OF FINANCE – PART 7: “1MDB – WHAT’S NEEDED TO BE DONE” – THE ECONOMIC MANAGEMENT

SUMMARY: Malaysia do not need additional GLC of the like of 1MDB. As a country we already have too much government involvement in business through more than 450 major GLCs, and so many other smaller ones. Furthermore, the problems with GLCs is the “implicit guarantees” involved, which if we take the current debts of the…