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Commentary

TOWARDS A NATIONAL INCLUSIVE AND SUSTAINABLE ECONOMIC POLICY (NISEP)

The Kingsley Strategic Institute (KSI) calls on the Government and the Economic Action Council to introduce a National Inclusive and Sustainable Economic Policy (NISEP) to better prepare Malaysia to face the challenges of a VUCA World (Volatile, Uncertain, Complex and Ambiguous).

The VUCA World requires new thinking, new strategies and new policies.

We propose that the National Inclusive and Sustainable Economic Policy (NISEP) comprises five key strategic thrusts:

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Commentary

The Need for Scrunity on Malpractices of Political Figure

In recent days, several Pakatan Harapan (PH) leaders have been called out for having falsified or questionable academic qualifications.

Whether these accusations arc true is simply a matter of comparing their CVs (the version they used before being called out) to the records of the education providers in question.

Although these deplorable acts are not of the “magnitude to what those who rape or steal,” int he words of a Bersatu supreme council member, claims against several PH politicians such as deputy foreign minister Datuk Marzuki Yahya’s questionable Cambridge credentials, be they from the UK or US, deserve thorough investigation.

The case of questionable credentials coming to light not only raises the issue of upholding basic and universal cultural values of honesty and integrity but also sets the overall message and subsequent effects any action (or indeed non-action) can have towards acts of malpractice...

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Commentary

Mega Trends EAC Must Address

The government is to be congratulated for establishing the new Economic Action Council that will give a better sense of direction and priorities for the nation to overcome the short-term economic challenges, such as rising cost of living, cost of doing business, restoring investor confidence and promoting sustainable economic recovery.The Council should move with a sense of urgency. Its composition is balanced with a cross-section of representation, including from the orang asli community and consumer associations, which is praiseworthy as it does not just represent business interests. The presence of distinguished economists is also reassuring.

Tan Sri Michael Yeoh proposes that the EAC also develops a longer term National Economic Strategy. To move forward, we need to identify the key mega trends that will impact on the nation in the next five to 10 years and then develop a comprehensive and holistic national strategy to address them.I have identified here 10 strategic shifts or mega trends that need to be addressed.