Rumours and Gossip in Malaysia

Michael Backman

Chapter Chapter 15 in The Asian Insider, 2004, pp 122-126 from Palgrave Macmillan

Abstract: Abstract Many readers who live in Malaysia or who are frequent visitors realise that Malaysia represents hidden value. Living standards are high, there is stability and peace and the infrastructure is excellent. Even Malaysia’s mega-projects, most of which are of dubious economic value, prove something more than Malaysia’s engineering capability: when Malaysia says it is going to build something it actually does it. If this were India, Indonesia, Thailand or the Philippines, the project would be grounded by corruption, political squabbling and mismanagement. Malaysia is not perfect but it is much closer to that state than most countries in Asia. The problem is that outside Asia few people know this. Why then is the value hidden?

Keywords: Corporate Governance; Parent Body; Japanese Bank; Deputy Prime Minister; Asian Insider (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-4840-3_15

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DOI: 10.1057/9781403948403_15

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