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Malaysia’s New Economic Model:
Risks and Rewards
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AseanAffairs Magazine May - June 2010
CONTENT • BEYOND ASEAN 
• ASEAN BAZAAR • FEATURED COMPANIES
ASEAN MANAGEMENT • INSIDE OUT
• ASEAN MONEY • OPINION
• ASEAN TRAVELLER • MALAYSIA IN FOCUS

Prime Minister Najib Razak vows to take Malaysia forward and transform it into a high income nation through economic and social reforms. Initial responses to this ambitious drive are mixed, details are scarce and investors play wait-and-see.Yet, Najib insists he’s got support to push ahead.

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ASEAN: THE WAY FORWARD

Countdown to Asean Economic Community

Tunku Abidin

As is usually the case in Asean, some member countries are more enthusiastic, more committed and more prepared than others. In general, the past few years have seen more movement of goods, services, investment, labour and capital – but the extent to which this is motivated by a desire to achieve the AEC, or indeed, promoted by governments or led independently by the private sector – varies from country to country.

....

Annabelle T. Abaya

In terms of preparedness of the Asean members to ensure free movement of economic activities, there is still a lot to be done. The security threat posed by extremist groups in some Asean nations is a reality and continuous to be a priority agenda of affected countries.

....

Michael Yeoh

Asean is well poised to achieve the AEC by 2015. The Asean Leaders are now focusing on the key building blocks. The establishment of the new Asean High Level Task Force on Asean Connectivity will help accelerate Asean integration as Asean Connectivity will enhance regional cooperation in Transport, ICT, Power & Energy, Tourism and Human Capital Development.

Jeffrey Cheah

I believe the Asean Governments are serious about the efforts to promote and realise the Asean Economic Community by 2015. Already this year, AFTA and the China-Asean Free Trade Area are in place.

....

 

In Search of Asean Identity

 

Tunku Abidin

It’s important to identify what the “key issue” really is. Maybe there is a good reason why citizens are indifferent or unfamiliar with the fact that their country belongs to Asean. If Asean has had little impact on their lives, Asean should find out why.

....

Michael Yeoh

There is an urgent need to develop Asean consciousness including introducing Asean studies into our schools and universities.

Jeffrey Cheah

There is generally a lack of Asean consciousness and a sense of belonging to Asean. In Europe, people there identify themselves as Europeans.

....

Annabelle T. Abaya

The indifference or unfamiliarity of citizens (with Asean) is a significant issue that policy makers of Asean should deal with since the Asean citizens will be the ones who will either benefit or will be affected negatively once the AEC is operational. A wellinformed citizenry will definitely be supportive of any Government international initiative, particularly, the AEC.

....

 

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