Malaysia Economy 2012
Malaysia continued to post reasonably strong growth in 2012 despite its high exposure to trade amidst a soft global economic climate. The Economic Transformation Programme (ETP) championed by Prime Minister Najib Razak is taking hold, bringing increased expenditures on infrastructure and a growth in private sector investment. The ETP’s goal is to help Malaysia escape the “middle-income trap” and become an economy driven by advanced manufacturing, technology and financial services. Challenges to this project include a low level of talent and skills, rising cost of living and worrying increases in the national debt. This chapter includes interviews with Nor Mohamed Yakcop, Minister in the Prime Minister’s Department, Economic Planning Unit; Lord Powell, Chairman, Asia Task Force (ATF); and Jim O’Neill, Chairman, Goldman Sachs Asset Management.

The Report

This chapter is from the Malaysia 2012, 2012 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Jim O’Neill, Chairman, Goldman Sachs Asset Management
OBG talks to Jim O’Neill, Chairman, Goldman Sachs Asset Management

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