Knowledge Management, Innovation, Economic Development

Knowledge propels growth in the knowledge-based economy, be it the growth of a company, an industry, or even a country. According to Toffler, knowledge is the ultimate power.  Author: Quah Boon Huat. Publication: MIERScan, 16 June 2008.  Download

Panel Tests of Stochastic Convergence in the States of Malaysia: Some Empirical Evidence

The paper uses two panel unit root procedures to test stochastic convergence for 14 states in Malaysia, for the period 1960-2003.  Stochastic convergence implies that idiosyncratic country-specific factors cannot explain long-run economic growth, and that shocks to relative regional real per capita Gross Domestic Product (GDP) have temporary effects. In this case, real per capita… Continue reading Panel Tests of Stochastic Convergence in the States of Malaysia: Some Empirical Evidence

Mahathir and the Markets: Globalisation and the Pursuit of Economic Autonomy in Malaysia

Of the countries affected by the recent economic crisis in East Asia, Malaysia has attracted particular attention. Malaysian policymakers have consistently flouted conventional wisdom about the most appropriate ways of managing the crisis, in particular, and national economies, more generally, in an era characterised by increased international integration, both economic and political. Not only has… Continue reading Mahathir and the Markets: Globalisation and the Pursuit of Economic Autonomy in Malaysia

Malaysia’s Competitiveness Ranking Confirms Our Economic Policies

MALAYSIA’S drop of one position in the World Economic Forum’s (WEF) recently announced Global Competitiveness Index (GCI) must be seen for what it really is – not one step backwards but many forward in terms of global confidence in the economic policies and future of the country.  Publication: New Straits Times, 28 September 2006.  Author:… Continue reading Malaysia’s Competitiveness Ranking Confirms Our Economic Policies

Forward-Thinking Cultures

Knowing how future orientation varies from culture to culture can help leaders shift their attitude from judgmental to understanding and focus their collaborative efforts. A true global leader doesn’t blame local teams for failing to immediately live up to their aspirations but rather helps them achieve long-term goals one step at a time. Publication: Harvard… Continue reading Forward-Thinking Cultures