At Sage 3 we’re committed to engaging our extensive financial expertise to build better solutions for both business and society. Our thought leadership explores how financial reform and oversight can provide the catalyst for a fairer, more robust economic system for everyone.
What Leadership Mindset Do I Need?
A Framework for Malaysia to Escape the Middle Income Trap
In the decade leading up to the Asian Financial Crisis (AFC), Malaysia was regarded as an Asian tiger economy, achieving GDP growth rates north of 9%. However, post-crisis the nation’s GDP growth and more importantly per capita income, whilst encouraging has been lower than other leading emerging/East Asian economies. The proponents of Rethinking Economics are of the view that new innovative ideas in economics can be harnessed to reshape Malaysia’s economy to become an Asian tiger economy once again.