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Malaysia In Troubled Times

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Malaysia In Troubled Times
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Subtitle: Economic Challenges, Difficult Decisions and the Malaysian Economy
Author/Editor: Shankaran Nambiar
New Pb 117 pp.
Subject: Malaysia,Economics
Condition: Good
Published: 2016

The recent past has been tumultuous for Malaysia. Malaysia has been rocked by economic uncertainties, political turmoil and allegations of financial scandals. The economy has had to face domestically generated shocks and well as those emanating from external sources. Regional developments have been fast-paced, too. ASEAN has acquired greater significance, and there has been a convergence of interest in the area. The US, China and India have directed increased interest in the region, demanding appropriate policy responses from Malaysia. At a micro level, issues such as education and health have generated controversy and they could turn out to be problematic if not handled carefully. These issues, if ignored, could adversely affect Malaysia’s economic development. If addressed correctly, Malaysia will move up the ladder of development. The present collection of essays attempts to capture the challenges that Malaysia faces. This book is essential reading for anyone interested in Malaysia’s growth and development.


"Nambiar's collection of articles is an incisive commentary on macroeconomic policies and regional issues.  His suggestions on how Malaysia can prepare itself for the next decade deserve serious attention from all policy makers.  This book is absolutely essential reading for anyone interested in the Malaysian economy."


Tan Sri Dato’ Seri Dr.  Sulaiman Mahbob

Chairman, Telekom Malaysia

Chairman, Malaysian Institute of Economic Research

President, Malaysian Economic Association


"Shankaran Nambiar has over the years been a trenchant observer of the Malaysian economy.  This collection of articles over 2014 and 2015 provides insights on Malaysia’s economic strengths and weaknesses, and the complex interplay between economic policy and political developments.  What is striking is Nambiar’s balanced analysis of current economic issues that nevertheless raise questions on broader, more strategic and long-term questions about Malaysia’s economic future.  He is unafraid to take on politically contentious issues and does so with clarity and objectivity. And all the while, even as he tackles the complexity of Malaysia’s political-economy, Nambiar’s writing is straightforward, accessible to the layman, and a pleasure to read."


Vikram Nehru, Senior Associate, Carnegie Endowment for International Peace, Washington


"In Malaysia in Troubled Times: Challenges, Difficult Decisions and the Malaysian Economy Dr.Shankaran Nambiar analyses the many challenges that have faced the Malaysian economy and society over the past two years.  This collection of newspaper columns covers issues ranging from the impact of falling oil prices to weaknesses in the education system to the impact of relations with China and India.  Anyone interested in the Malaysian economy will benefit from a careful reading of these interesting and informative essays."

Dwight H. Perkins

Harold Hitchings Burbank Professor of Political Economy, Harvard University

Former Chair, Economics Department, Harvard University



"This book is a useful collection of Nambiar's essays that looks into the pulse of the economy and the state of the nation."


Tan Sri Dato' Mohd Sheriff Mohd Kassim

Chairman, Standard Chartered Bank Malaysia

Former Chairman, Malaysian Institute of Economic Research


"Provocative, clearly written insights on the challenges facing Malaysia's economy and Malaysian leadership more generally. The author, one of Malaysia's most distinguished economists, repeatedly challenges his readers to think hard about past lessons and their implications for the future."

Ellen Frost, Senior Advisor, East-West Center, Washington

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