That said, as mentioned, cash transfers to compensate for subsidy rationalisation address symptoms, not causes. The key challenge we need to tackle remains a cost-effective, reliable and well-connected inter- and intra-city public transport system.
All tagged Public Policy
That said, as mentioned, cash transfers to compensate for subsidy rationalisation address symptoms, not causes. The key challenge we need to tackle remains a cost-effective, reliable and well-connected inter- and intra-city public transport system.
The point of the article was to figure out, in a somewhat tongue-in-cheek manner, some better indicators for Malaysia’s economic development as opposed to the more popular ones. And so, in a further adaptation of Blattman’s concept, I have proposed a further 10 “indie” development indicators.
…maybe we can go some ways into setting ourselves up for the future amid a really trying global environment and, maybe unlike my theory about my own fortunes, it can be all uphill from here! And if we are even more lucky, we might come out of this far, far stronger. Maybe we could be like Mike.
Survival requires adaptability and agility, making full use of all the tools in our toolbox, instead of being a hammer treating everything as nails. And our longer-term future depends on our ability to grow, change and innovate — we should take a cue from nature and be as creative as we can be.
No true change and reform is straightforward. But markets, in almost all cases, prefer stability and the status quo – what is going on in Malaysia may be anathema to markets.