Posts Tagged ‘Global financial crisis on Malaysia’

Global economic crisis - implications for Malaysia

Thursday, August 13th, 2009

Khazanah Nasional Berhad organized its 6th Khazanah Penang Lecture entitled “The Global Economic Crisis: Implications for Malaysia” at Wawasan Open University last week. More than 300 guests of mostly businessmen attended the talk by Penang-born Professor KS Jomo, a prominent Malaysian economist who is currently serving as the United Nations Assistant Secretary-General for Economic Development in the United Nations Department of Economic and Social Affairs (DESA) whilst Mr Andrew Sheng,  another prominent Malaysian economist/chartered accountant chaired the panel discussion after the talk. Many were there at Wawasan Open University to seek their latest views and insights into this complex financial meltdown from global and Asia prospectives ! Related article : Global Financial Crisis and Malaysia Property Outlook.

Wawasan Open University along Jalan Sultan Ahmah Shah
(Northam Road), Penang

Here is Mr Andrew Sheng’s An Asian View Of The Global Financial Crisis. Though economists are of the views that the worst is over and confident level on the global economy outlook is improving, the lingering concerns remain whether the world economy recovery is V-shaped or W-shaped recovery? Nobel prize-winning economist Paul Krugman’s view ; World may witness W-shaped recovery whilst a local Fund Manager has a bullish view; V-shaped recovery has begun.

Malaysian Economy - at which stage of economic clock; 7 or 8 or 9 O’clock ?