Khairy Jamaluddin |
| Treat returnees as real national assets Posted: 21 Dec 2010 04:00 PM PST For modern economies there are three ingredients central to their long-term competitiveness: natural resources, capital and talent. Rapidly growing countries in need of fuel, energy and food for their burgeoning population have gone on an unprecedented shopping spree buying all available supplies of natural resources and striking diplomatic and commercial relationships across the globe to guarantee long-term availability of scarce commodities. The competition for foreign direct investments has become more intense with investors having more choices where they want to direct their money than ever before, thanks to an unprecedented number of open markets around the world |
| New approach and policy tools to achieve 30% target Posted: 21 Dec 2010 04:00 PM PST Nothing is more contentious when discussing Malaysia’s political economy than the so-called “30% targetâ€. What started off as a well-meaning objective to redress socio-economic imbalances in the early 1970s has become the centre of heated political debate with proponents defending its continued relevance and critics dismissing it as an obstacle to competing in a globalised world. Because it is an economic target for a particular ethnic group, the debate itself drags in decades-old frustrations on all sides and usually produces an unproductive exchange of political chest-thumping against pseudo-intellectual put downs. |
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