Date : 7 November 2013
Time : 9.30am – 2.30pm
Venue : Majestic Hotel, Kuala Lumpur
It has been more than three years since the launch of the New Economic Model and later, the Economic Transformation Programme. Since then, our country has made progress towards greater economic liberalisation.
Also, in the recent Economic Freedom of the World Index, Malaysia was ranked 68 out 151 countries, up 3 spots from previous years (see here for the report).
At IDEAS we also believe that it is important to take stock of how far we have come, capture the achievements of our country, and accurately measure the level of economic liberalisation we have achieved
Our overall aim is to identify ways by which Malaysia’s economy can be further liberalised in the way envisioned by the New Economic Model. To do so, we will use Malaysia’s position in the “Economic Freedom of the World Index” as the benchmark. The Index is an annual study produced through a collaboration of 93 organisations around the world. IDEAS has been part of this network since 2010.
The Economic Freedom of the World Index measures the degree to which the policies and institutions of countries are supportive of economic freedom. Forty-two variables are used to construct a summary index and to measure the degree of economic freedom in five broad areas: (1) Size of Government; (2) Legal System and Property Rights; (3) Sound Money; (4) Freedom to Trade Internationally; (5) Regulation. The Index now covers 152 countries and territories, including Malaysia.
Attendance by invitation only.