Rent-seeking has been around for a very long time. Breaking it is not going to be easy unless the government has a strong political will to work out effective regulations to stem this unhealthy and unproductive behaviour.
ASEAN looks to China to overcome sluggish global economy: Malaysian expert shanghainews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghainews.net Daily Mail and Mail on Sunday newspapers.
Malaysia’s economy has been lagging behind its peers, and newly emerging countries like Vietnam and Indonesia are fast catching up. Malaysia needs to address its structural challenges and weaknesses, and improve its business and investment climate.