As Asia slowly but surely picks up the pieces of its burst bubble, new questions crop up: What have we learnt from the crises? How do we go about making sure that we will be able to face challenges in the future better? How can companies, especially the samller ones, prepare for changes and not suffer a repeat of the crisis? Once again, Navaratnam shows us what the government and companies need to do to build up a sustainable economy and reshape Malaysia's vision.
"...makes interesting reading... a wealth of information... Navaratnam has contributed to the building of Malaysia's institutional memory." Datuk Seri Abdullah Ahmad Badawai - Deputy Prime Minister, Malaysia
"...He has not only examined the state of Malaysia"s economy, but has also constructively outlined his thoughts on building a sustainable economy and reshaping Malaysia's vision in the 21st century." - by Tan Sri Jeffrey Cheah, Sunway Group
"A must-read for those interested in what the author calls "Malaysianomics" - Malaysia's special brand of pragmatic and innovative approach to economic managnement. This book brings a fresh view on the Malaysian economy after the crisis. He does not hesitate to defend Malaysia against unfair foreign criticisms but at the same time is concerned enough to suggest ways to improve the economy." by Prof Dr Mahani Zainal Abidin
"What I like most about the book is the frankness with which the author refers to weakness in our institutions and recommends overdue reforms in the economic and banking sectors and in Malaysian public administration...." by John Doraisamy, The Sun
"It is a commendable and important work, one that, in plain prose, outlines basic problems and offers solutions candidly-sometimes boldly..This book rides the waves of popular consensus, yet also urges the debate forward on various issues. This book is written in the midst of change. Above all, its writing is compelled by a desire for reform." H.A.Lee, The Star
"Malaysia's economic development process and experience is unique. Sadly, though, there is a scant literature on it..The exception, perhaps, is Navaratnam, who has not only...tracked the country's economic policies, their implementation, impact and effectiveness but at the same time provided the badly needed economic literature on the Malaysian experience." Hardev Kaur, New Sunday Times
"This book provides a highly readable account of the Malaysian economic and business situation in 2001. The author writes with clarity and does not hesitate to express forceful, sometimes controversial views on the issues which contributed to the Asian financial crisis of 1977. This is a book that must be read by anyone interested in the state of the Malaysian economy and associated Malaysian domestic policy. It will also interest anyone who wishes to use the Malaysian experience as a case study of the impact of globalisation on non-western economies". Prof.Gill Palmer, Dean, Faculty of Business and Economics, Monash University, Australia.
"..seeks to fathom the depths of the 1977 financial crises, Navaratnam draws lesson from it and sees ways to reshape the Malaysian economy in the face of globalisation...also urges reforms and suggests how the government and private section can benefit from the challenges ahead." Going Places "I believe this book will bring greater Malaysian partcipation in the making of a developed Malaysia in a increasingly globalised world. The concerned Malaysian reader and all those who believe that we can in our own small way contribute to steer the Malaysian economy steadily forward should listen, change their attitude and thus improve their ability and willingness to contribute to the country's future." Dr Marie-Aimee Tourres, Economist, Institute of Strategic and International Studies (ISIS), Malaysia.