The economist believes that this is one way to advance the 'New Malaysia' concept.
UPDATED 2.25PM | The situation surrounding the rail project, according to the economist, was 'really bad'.
He says our ‘very decadent’ system has been abused, citing the 1MDB scandal and ECRL 'hoax'.
The economist addresses criticisms of the council's role and powers in a Q&A.
Skilled workforce also inadequate to support industrialisation due to negative attitude towards TVET, he says.
There are too many people who have misconceptions about the council, the economist adds.
It contains sensitive information that can be abused if made public, he says.
The economist says the new gov't clearly favours productive industrial investments.
Economist Jomo KS argues why Malaysians are worse off today.
Economist Jomo KS responds to PM Najib’s accusation.
Lawyer also claims that Malay voters are prepared to shift their political support from BN, but lack a viable alternative.
Despite being second largest palm oil producer, not enough research is being done, laments Jomo Kwame Sundaram.
He expects polls in April and a weak opposition alliance to fail.
UPDATED 6.42PM | But the distribution is problematic, the prominent economist says.
INTERVIEW | Economist Jomo Kwame Sundaram shares his views on how the Trump presidency will impact Asia.
Commitments made when agreement was in effect must be honoured, says economist Jomo Kwame Sundaram.