Author: Laurence Todd, Meghan Slattery
Date: October 2018
In this paper, IDEAS assess the impact of Chinese investment on the Malaysian economy, by focussing on the opportunities created by these projects for local firms, and local SMEs in particular, placing our specific focus on major infrastructure projects involving Chinese State-Linked companies. Our research is based on a review of the literature on the impact of Chinese FDI in other economies, analysis of publicly available data and other information, including media reports, and interviews with industry and researchers.
Author: Dr Jae Woon Lee
Date: September 2018
Aviation has been an integral component in the establishment of the ASEAN Economic Community (AEC). Since ASEAN designated air transport as one of the twelve priority sectors for economic integration in November 2004, significant integration and liberalization have taken place in the past 15 years. The number of passengers carried in ASEAN countries has tripled, from 98 million in 2004 to 329 million in 2016. (The World Bank, 2018). In particular, intra-ASEAN traffic has increased significantly. With the substantial growth, some ASEAN city pairs are now ranked as the busiest international routes worldwide.
This Policy Ideas considers the next steps in developing a Single Aviation Market in ASEAN (ASAM), and proposes recommendations for achieving this vision.
Author: Carmelo Ferlito
Date: July 2018
This paper suggests that the government needs to be ready for the bubble to burst and the risk that this leads to an economic crisis. The paper recommends the government respond with market-oriented solutions and pay special attention to the household financial exposure. Second, the government needs to downplay its role in the property market by reducing the number of government agencies and encourage the private sector to get involved in the affordable housing market. Third, the government must enhance Malaysian financial literacy, with an orientation toward the value of saving and the possibilities offered by the rental market. Finally, the government may open and easing up the regulation in the property market to foreigners who are in possession of a regular working visa and paying taxes to help the industry in a crucial moment of difficulty.
Author: Ali Salman
Date: July 2018
The main motivation is to study the role of government in the design and success of an industrial policy by analyzing industrial clusters. The overarching question is whether the government should create a cluster from scratch or nurture an existing one? The setting is an industrial
and innovation cluster called Cyberjaya in Malaysia, which is one of the 25 most competitive economies in the world as ranked by the World Economic Forum and is ranked amongst the top 25 countries in terms of ease of doing business by the World Bank. Historically, Malaysia is considered a successful example of an active and deliberate industrial policy, which has helped in making this country one of the top manufacturing hubs for electric and electronic goods, including semi-conductors.
Author: Marolita Setiati Anwar, Adi Darmawan
Date: July 2018
This paper uses IPRI 2017 indicators to measure the Intellectual Property Rights overall level of performance in five ASEAN countries: Singapore, Malaysia, Indonesia, Thailand and the Philippines, which account for the highest combined GDP in the ASEAN community.
Author: Jayant Menon
Date: 18 December 2017
The role that state-owned enterprises (SOEs) or, more generally, government-linked companies (GLCs) play in the Malaysia economy is widespread and pervasive. In terms of countries that have the highest SOE presence among their largest firms, Malaysia ranks fifth highest in the world. The Economic Transformation Program (ETP) has called for a reduced role of government in business, and a program of divestment was concluded in 2015.
Author: Hafiz Noor Shams
Date: 5 December 2017
In light of the ever growing concern over the rise in cost of living due to the rise in prices, one of government’s effort to manage consumer prices in Malaysia is assessed in this new paper by IDEAS. IDEAS’ new policy paper on “Anti-profiteering Regulations: Effects on Consumer Prices & Business Margins” explores the effectiveness of the Price Control Act as well as the potential effects of the anti-profiteering regulations. The research is based on meetings with government officials as well as on statistics from the Companies Commission, Department of Statistics and the Ministry of Domestic Trade, Cooperative and Consumerism.