How different will the Pakatan’s economic policies be?

Everyone knows that the Pakatan is trying to promote greater accountability and transparency. In terms of its Malaysian Economic Agenda, it wants to help those in need.

But beyond that, we know little about its economic orientation. How much will it rely on the open market and how much on state intervention. What kind of mix? Anwar has said he believes in a high-growth market economy tempered with humane social policies. Capitalism with a human face, perhaps…

But then, there are all kinds of people in Pakatan - from Pas folks, whe are aiming for a welfare state to the corporate boys in PKR to the socialists like Nasir and Jeyakumar. Whose views will prevail? Or will they reach some sort of happy equilibrium?

At the end of the day, will they be beholden to Big Business in their economic orientation? Or will they promote more people-centred policies that promote social justice and sustainable development to benefit the common folk?

POLITICS-MALAYSIA: Equitable Distribution of Wealth - The Challenge
By Anil Netto

PENANG, Apr 27 (IPS) - With Malaysia’s opposition pact in the ascendancy after stunning gains in a general election last month, some are wondering how different their economic policies are likely to be if they do wrest power, as many expect them to do, eventually.

Full article

This entry was posted on Tuesday, 29 April 2008 at 12.18am and is filed under Accountability, Development issues, Malaysian elections. Visited 203 times, 1 so far today. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

9 Responses to “How different will the Pakatan’s economic policies be?”

  1. the coalition will not rule. pas is facing problems when its members are unhappy with the anti-islamic statements made by dap and pkr leaders. without pas, the coalition is just another DAP.

  2. A stronger opposition has already begun to put the BN in its place. The long held international view of us being a banana republic will hopefully diminish when we, the people, are seen to be able to exert some control over those who are supposed to represent us.

    Treating the wound should be the priority now. The pressure put on the Pakatan to come up with immediate magic solutions for decades of misrule is a bit unrealistic. That’s like joining a gym and expecting to lose the fat accumulated over the years in a week.

  3. The coalition of new pkr must perform by hook or crook.
    Its economy agenda nothing to shout about yet,but i hope they will hatched thier differences and start performing in sense of economic and investment.

    NO economic development from them will kill this three parties.
    Now Malaysian voted them because the sentiment of unhapiness of BN.If PKR dont bring development to this 4 states (forget about kelantan) than econonic point of view BN will be back and will hunt us down for outspoken.

    However currently both BN and PKR is not performing.Its good for PKR to buy some time but how long the time do PKR have?

    RAJ RAMAN;HOPING PKR WILL PERFORM.not many people will satisfy with just talk of corruption but no development.

  4. I find the differences refreshing. At least all the partners are open. Differences in viewpoints within the PR do not mean that the PR cannot govern.

    The last thing I want to see is a PR like the BN where all the subservient junior parties are kept on tight leashes …by their UMNO taiko.

  5. In this complex world, no one economic theory can hold sway. Each country has its peculiar circumstances, conditions and needs. Which economic orientation a government chooses depends mainly on the country’s needs and the resources that it has at its disposal. To be pragmatic, it, obviously, has to be a mix of private and public investments.

    The people should not be too discouraged by a party being made up of members with many different ideologies. This is a normal phenomenon. It is the real world situation. Things will work out if the government is sincere.

  6. I think politics aside. WIth so many revelations about Balkis, Bunga Tanjung, PGCC, PORR, you name - BN has it - do you think that blokes in the current administration can rule the country. They sound more “divisive” than ever.

  7. Economics under BN is all “Or Tang”. They have projects but cannot be paid. Or you come up with the money first and if the venture suceed, then you get paid but may not be the full amount. DAP and Anwar based on a recent interview by a foreign media look for ecoomical growth ie bigger cake and everyone can have a bite to improve their standard of living. As for PAS and PSM, it is more like a welfare.

  8. “How different will the Pakatan’s economic policies be?”. Yeah I wonder. In fact I just can’t wait to see they do what they said. So far nothing but talking here and there about BN’s mistake that they have discover. The coalition seems not sturdy enough. I became so worry, when they gonna start work exactly? I mean work, not talk or blogging.

  9. Pakatan should realise that without equitable distribution of opportunity based on meritocracy no additional wealth will be created.
    Wealth must be created first,then there is wealth to be distributed. The recent change of communist economic system to a market capitalist system in Russia and China should give some food for thought.
    DAP, PAS and PKR are together for a common interest at first to deny BN 2/3 majority and the Rakyat were in the opposing mood looking for an alternative voice to check BN’s arrogance and complacency.But Pakatan will disinteragte one day if they do not have a common political philosophy and ideal which is appealing to the rakyat and that can bind the party together. Otherwise DAP,PAS and PKR will remain in opposition forever and never good enough to rule the country.
    It is a long and winding road for the three parties.My advice to Anwar is consolidate your coalition.The country need two strong political parties to ensure accountability to the rakyat,and to reduce wastage in glamorous Mega projects.
    Economically we have been left behind by Singapore,Korea,Taiwan,China and in years to come Vietnam. Think!What has been wrong with us? We have more natural resources per capital than they have.

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