The next step up for a Southeast Asian power

2236820708_0024a879e8

Authors: Mahani Zainal Abidin and Steven Wong, ISIS

For all the hype about industrial development, technology and markets, there are not many countries in the world that have experienced rapid development on a sustained basis after the Second World War. Malaysia is one such exception. But now it has reached an inflection point where the country must step up to become an advanced economy with an inclusive society and a mature democracy.

When Malaysia gained independence its main assets were its rubber plantations and tin mines, and much was still owned by foreign companies. Read more…