Date: October 2020
Malaysia and Taiwan have a deep economic relationship – encompassing trade, investment, industrial collaboration and people to people ties. However, a number of trade barriers remain in place due to the absence of a Free Trade Agreement (FTA) between the two countries. In this report, we consider the impact this would have on the Malaysian economy in terms of trade, investment and industrial collaboration.
Author: Prof. Renato Lima-de-Oliveira, Mathias Stroh Varming
Date: October 2020
This paper looks at the energy industry of Malaysia which has, paradoxically, recorded both the increase of coal and renewable energy in its matrix. It is in this context that the government will now need to consider the future of energy policy as it develops the 12th Malaysia Plan. Investments in the energy sector, such as power plants, are designed to have a useful life of decades, therefore decisions taken today will impact future generations for years to come.
Author: Tricia Yeoh
Date: May 2020
This is the second in a series of three policy papers on contemporary challenges surrounding federalism in Malaysia today, the first of which was Policy Ideas No. 59, titled “Restoring the Spirit of Federalism: Policy Options for a New Malaysia”. This paper will explore more exclusively the political influences stemming from the federal government and how to mitigate for such effects for a more well-functioning, sustainable fiscal regime of the country’s states.
Author: Adli Amirullah, Aiman Wan Alias, Sabrina Sabu
Date: September 2019
Small and Medium Sized Enterprises (SMEs) are a vital part of the Malaysian economy, comprising nearly 40% of Gross Domestic Product (GDP). Not only that, but many among the B40 (Bottom 40%) income groups are employed in SMEs. Government regulation can have a significant impact on these SMEs and to comply with government regulation constitutes a major burden in terms of increased cost to operate businesses for the SMEs in Malaysia. If the burden of regulation can be reduced, this will therefore translate into a boost of income for the B40.
In this paper we detail out the results of a survey involving SMEs in Klang Valley, conducted to understand the burden of compliance with government regulation. The objective of this report is to identify how compliance with regulation contributes to the cost of doing business, as well as to inform further discussion about how to reduce these compliance costs.
Author: Carmelo Ferlito
Date: June 2019
The policy paper is a follow-up analysis of our previously released study on the Malaysian property market (Ferlito, 2018a). The debate has evolved, and it is mainly focused on the issue of housing affordability, judged primarily by the use of the price/income ratio, which is a very limited instrument. This paper reaffirm the necessity of tackling the affordability issue in the realm of the general property market situation, which in the current scenario is facing a downturn readjustment process.
This paper divide to 4 section, the first section of the present work summarises the previous findings and extends them, taking into account development. In section 2, the paper discusses the approach to affordability and analyse the recently released national housing policy. In section 3, policy recommendations are presented, both with reference to the downturn phase of the property market and to the issue of affordability, with special attention to the possibility offered by the rental market. Section 4 concludes the paper.
Author: Laurence Todd, Adli Amirullah, Wan Ya Shin
Date: April 2019
In this paper, we consider the economic impact of granting refugees in Malaysia the right to work. A refugee is someone who has been forced to flee his or her country because of persecution, war or violence. A refugee has a well-founded fear of persecution for reasons of race, religion, nationality, political opinion or membership in a particular social group. The analysis in this paper also refers to asylum seekers. An asylum seeker is an individual who is seeking international protection. In countries with individualised procedures, an asylum seeker is someone whose claim has not been decided on by the country in which he or she has submitted it. Not every asylum seeker will ultimately be recognised as a refugee, but every refugee is initially an asylum seeker. Due to data limitations, the estimates in Parts 3 and 4 refer to the impact of granting refugees and asylum seekers in Malaysia the legal right to work.
This paper is organised into four parts:
In Part 1 we consider the current situation for refugees and asylum seekers in Malaysia; including their treatment under Malaysian law;
In Part 2 we consider the potential economic impact of granting refugees in Malaysia the right to work;
In Part 3 we estimate the impacts identified in Part 2 over a five-year period; and
In Part 4 we consider the potential longer-term economic contribution of refugees and estimate their potential economic contribution over 20 years.