“Economic liberalisation is the process of freeing up market in order to allow people to work and support themselves as they see fit.”

Responding to the “New Economic Model” report recently released by the Malaysian government, the Institute for Democracy and Economic Affairs (IDEAS) with the support of the Friedrich Naumann Foundation for Liberty (FNF) produces a document, entitled “Liberalising Malaysian Economy?”

This document is intended for the general public and policy makers. The authors – Kwek Kon Yao, Afif Absullah and Wan Saiful Wan Jan – hope to contribute to the ongoing debate about the report and the future shape of the country’s economy, and to supply further arguments why economic liberalisation is the best way forward for Malaysia. The document focuses particularly on the four critical issues of the report, namely economic liberalisation, privatisation, foreign workers and minimum wage.

LIBERALISING MALAYSIAN ECONOMY? Jul 2010