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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

The port is one of the world’s busiest in terms of shipping tonnage handled. On average Singapore attracts 140,000 vessel calls annually.

 

The Asean Charter: Just a Formality?

Annabelle T. Abaya

The Asean Charter accords a legal identity to the regional grouping for international negotiations and transactions. Though largely without enforcement action, it also sets out a common set of rules for trade, investment, environment and other fields. The charter has also provided legal impetus, and a mechanism to settle disputes. Thus, it provides the Asean community a place to begin on some difficult issues. However, adversarial processes to disputes such as the legal or arbitral processes are not reflective of the Asean nations’ cultural approach to such challenges.

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Tunku Abidin

There are no real sanctions for member countries if they stray from the objectives of the Asean Charter.

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Michael Yeoh

The Asean Charter has made Asean into a rules-based organization. It shows Asean’s transformation into a more formal and structured organization.

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Jeffrey Cheah

The Asean Charter is a new beginning for Asean. It transformed Asean into a rules-based organization. The scope and responsibilities within Asean are now better defined.

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Asean Flexibility, Myanmar’s Intransigence

Annabelle T. Abaya

As a practitioner of Alternative Dispute Resolution or ADR, my thinking is that Asean must continue to find innovative ways to create positive conditions to help Myanmar address the reported human rights violations in the country. Using the Asean approach, Myanmar must be assisted without creating occasions for it to become defensive.

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Tunku Abidin

That Burma (Myanmar) has been allowed to remain in Asean is an embarrassment not only to Asean, but to all its member countries purporting to be democracies. It’s precisely for this reason that Asean should have a proper rethink of its role and objectives. Nothing it says on democracy and human rights will ever be believed unless it stands up to Burma. So what should Asean do next?

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Michael Yeoh

Asean needs to promote democratic governance. It has to also promote greater respect for human rights.

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Jeffrey Cheah

We all hope for peace and democracy in Myanmar, and for the livelihood of the people to be upgraded as Myanmar has vast resources to be developed.


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