Archive for the 'Economics' Category

We are experiencing a supply-side crisis. The lockdown is inducing labor shortage, and it has the potential of exerting lasting damage on the economy if not handled properly. It seems to me that the last time Malaysia or any of its components had a supply crisis was in the 1940s during World War II and […]

The public health system is in need of more resources to manage the Covid-19 pandemic. We all talk about flattening the curve but government’s incompetence that caused the Tuesday fiasco means the peak will likely get higher and higher and the time needed to fight this will go longer and longer. This is the time […]

With extreme social distancing in place, severe movements restriction and work disruption, it is unclear to me the role of economic stimulus. At the very least, its function to stimulate the economy is becoming irrelevant. There is little to stimulate with the supply-side frontier collapsing. Moreover, the earlier stimulus must have been rendered inadequate. It […]

How do you stimulate an economy during a period of intense social distancing or partial lockdown, with many workers are not working, a majority of productions offline and most movements restricted? It is the ultimate supply-side disruption. Malaysia has just announced a movement restriction order, which is an eventuality especially given the 3-week the government […]

There are criticisms that some of elements of the stimulus announced by former Prime Minister Mahathir Mohamad do not have immediate impacts, and so it should be replaced with more immediate responses. Responses like bigger cash transfer and bigger spending now. And the new Cabinet seems on course to enlarge the stimulus. I am here […]

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