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About Nick: i am an economist based in malaysia. I write about ECONOMIC DEVELOPMENT AND POLITICAL ECONOMY, while sneaking in a pop culture reference or two.

Nicholas Khaw

Mar 12
Mar 12 Earning the Right to Implement and Maintain Personal Responsibility

Nicholas Khaw
Covid-19, Justice, Malaysia, Policy, Trust

Moving from enforced regulations to personal responsibility means we not only need to ensure the practical aspects of ensuring everyone has equal access to “personal responsibility” at best, we need to build or even rebuild trust.

Feb 5
Feb 5 Lifts in a Lobby, Cultural Evolution and Power Distance in Malaysia

Nicholas Khaw
Malaysia, Culture, Policy

Power distance and our “VIP culture”, which may have worked in different instances in the past or indeed in the present for a given objective, is unlikely to be conducive to future economic development objectives

Jan 8
Jan 8 The Perils of Over- and Under-Government

Nicholas Khaw
Economics, History, Malaysia, Policy, Politics

All governments need to figure out where it is necessary for them to ‘over-govern’ and to ‘under-govern’ and then figure out how the right balance between over-governing and under-governing.

Dec 4
Dec 4 The Race between Education and Technology

Nicholas Khaw
Education, Economic Growth, Innovation, Policy

Technology need not be predestined, and technology policy is something policymakers can influence. Governments can and should shape the kinds of digital technology they believe their countries can adopt and deploy.

Nov 6
Nov 6 Of Dune, Star Wars and Social Mobility

Nicholas Khaw
Reflections, Justice, culture & identity

How many “Chosen Ones” have we missed simply because we do not provide them with the opportunities to maximise their potential?

Oct 2
Oct 2 Economic Competitiveness and Firm Productivity

Nicholas Khaw
Economic Growth, Malaysia, Policy, Economics

When it comes to competition, if Malaysia’s largest firms primarily compete among themselves for an “island-type” market size, how productive can they actually be?

Sep 4
Sep 4 Economic Growth and a Societal Merdeka of Our Spirit

Nicholas Khaw
Economic Growth, History, Malaysia, Reflections

Questioning the wisdom and the authority of the past is how progress progresses. We will not achieve a true merdeka of self-determination for our country if we, at the societal level, do not ourselves possess a merdeka of our spirits.

Aug 7
Aug 7 Industrial Revolution Lessons for Malaysia's National Recovery Plan

Nicholas Khaw
Economic Growth, History, Malaysia, Covid-19

Our National Recovery Plan must chart a path towards a more sustainable and inclusive prosperity. We must be ambitious, bold and imaginative. But most of all, we have to be patient.

Jul 3
Jul 3 The Societal Optimal Level of Failure

Nicholas Khaw
Economic Growth, Innovation, Reflections

Economic development will have occasional failures as by-products of its progress. The optimal “experimental failure” level in a country is non-zero.

Jun 5
Jun 5 Trust, National Development and Jurassic World

Nicholas Khaw
Economic Growth, History, Malaysia, Trust

Trust grants a sense of security in society that those being governed will be taken care of by those who govern. It builds a foundation for society to build on…

May 8
May 8 The European Super League and a Systemic Failure in Innovation

Nicholas Khaw
Football, Malaysia, Innovation, Economic Growth

Without attempting something bold, our every social, political or economic possibility will always be “20 years away” or some faraway vision for us to achieve.

Apr 5
Apr 5 The Ripples of Covid-19 Vaccination

Nicholas Khaw
Covid-19, Justice, Politics

It is only with the passage of time that we will be able to see some of the unintended consequences of the global efforts on vaccines and vaccination. In this essay, I want to discuss four ripples.

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Hi, I'm Nick. My research interests and intellectual passions are in the the political economy of economic development particularly related to the long term persistence of historical events and cultural/institutional co-evolutionary factors on economic and public policy outcomes today.

I serve as an economist in Khazanah Nasional, Malaysia’s sovereign wealth fund, where I am Head of Research and Co-Head of Private Markets, Investments. My work covers Investments research, private markets investing (direct and indirect), Dana Impak, Khazanah’s knowledge management and Khazanah’s public policy engagement. I am also on the Boards of UEM Group, Asia Pacitic University, Khazanah Research Institute and Yayasan Khazanah.

I also write a monthly column for The Edge Malaysia.

 

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