
Inclusive & Sustainable Economic Development
Analyzing structural economic reforms, inclusive growth strategies, and sustainable development pathways for Malaysia's transition to high-income status.

Malaysia's economic development trajectory requires balancing growth with equity and sustainability. Our research examines structural transformation beyond the middle-income trap, addressing productivity challenges across sectors, reducing income and wealth disparities between states and communities, and ensuring economic benefits reach all segments of society including indigenous peoples and marginalized groups.
As Malaysia navigates global economic uncertainties and regional competition, we analyze industrial policy effectiveness, the role of government-linked companies in development, sustainable finance and ESG integration, trade diversification strategies, and mechanisms for ensuring economic resilience while promoting inclusive prosperity across Peninsular Malaysia, Sabah, and Sarawak.
As Malaysia navigates global economic uncertainties and regional competition, we analyze industrial policy effectiveness, the role of government-linked companies in development, sustainable finance and ESG integration, trade diversification strategies, and mechanisms for ensuring economic resilience while promoting inclusive prosperity across Peninsular Malaysia, Sabah, and Sarawak.
KRI shares insightful commentaries on current topics to encourage discussion, but these do not represent KRI's official views.
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Views
Dec 29, 2025
The End of the American Deficit: Navigating the New Era of American Protectionism (Part 2)
Part 2: Building a New Architecture Explores the financial fragility of a world without a US deficit, urging Malaysia to pivot toward regional industrial integration and financial self-insurance to survive.
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OP-ED.
Dec 29, 2025
The End of the American Deficit: Navigating the New Era of American Protectionism (Part 2)
Part 2: Building a New Architecture Explores the financial fragility of a world without a US deficit, urging Malaysia to pivot toward regional industrial integration and financial self-insurance to survive.

Views
Dec 29, 2025
The End of the American Deficit: Navigating the New Era of American Protectionism (Part 1)
Part 1: The Crisis of the Export-Led Model Analyzes how US tariffs and the ART dismantle Malaysia's export-led model, arguing that new constraints on autonomy trap the nation behind a balance of payments wall.

OP-ED.
Dec 29, 2025
The End of the American Deficit: Navigating the New Era of American Protectionism (Part 1)
Part 1: The Crisis of the Export-Led Model Analyzes how US tariffs and the ART dismantle Malaysia's export-led model, arguing that new constraints on autonomy trap the nation behind a balance of payments wall.

Views
Dec 19, 2025
Repayable Grants: Models and Options Moving beyond handouts in industrial subsidies
Repayable grants offer a way to share risks between public and private while allowing the state to influence the direction of economic development.

OP-ED.
Dec 19, 2025
Repayable Grants: Models and Options Moving beyond handouts in industrial subsidies
Repayable grants offer a way to share risks between public and private while allowing the state to influence the direction of economic development.

Views
Dec 11, 2025
Increasing Intra-ASEAN Trade (Part 2): The Developmental Strategy
Relying on foreign assembly is a middle-income trap. To reach high income, ASEAN states must nurture indigenous national champions that control the technology.

OP-ED.
Dec 11, 2025
Increasing Intra-ASEAN Trade (Part 2): The Developmental Strategy
Relying on foreign assembly is a middle-income trap. To reach high income, ASEAN states must nurture indigenous national champions that control the technology.
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Book
Policy Briefs
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Data Sets
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Reports
Discussion Papers
Working Papers
Public Finance & Fiscal Reform
Regional Development
Productivity & Industrial Development
International Trade
Economic Growth & Structure
Stephanie Hsu
Tan Hui Hui
Kelvin Ling Shyan Seng
Khairin Ilaina Mohamed Amin
Fiha Febiala
Govind Nirav Rao
C. Hari S. Shankar
Afifah Binti Ahmad
Elisabeth Chan Wen Yi
Nurrdinan Serena Amer Sharaffudin
Nurhanina Zaharin
Dr. Amirah 'Aisha Badrul Hisham
Nur Hannani Binti Abd Ghafar
Tehleel Nazir
Yee Suet Ee
Balqis Athirah Binti Azhar
Shukri Mohamed Khairi
Muhammad Syamin Bin Azman
Nurul Farhana Binti Abdul Shukor
Aidil Farhan Bin Jasrie Arman Sany
Amirah Syazwani Binti Ahmad Junaidi
Dinie Joshry Shaqeel
Ts Dr Amirah Aisha Badrul Hisham
Professor Joseph Eugene Stiglitz
K. Kuhaneetha Bai
Nadia Malyanah Azman
Siti Maisarah Zainurin
Ndongo Samba Sylla
Malini Elango
Aqeel Khaldun
Belinda Lew
Muhammad Khairulamri
Nicholas Khaw
Nur Zulaikha Atiqah Mohd Zahril
Dr Diana Abdul Wahab
Dr Umawathy Techanamurthy
Bryan Yeoh Quan Jin
Wan Manan Wan Muda
Alyssa Chua Lee-Yen
Goh Ming Jun
Mohan Mahadeva
Yap Chun Hao
Syafa Mustaffa
Ammar Hanania Hazli Izma
Dr Yunus Yasin
Dato’ Amirul Feisal Wan Zahir
Professor Emeritus Dr. Tham Siew Yean
Datuk Hisham Hamdan
Khazanah Research Institute
Tan Sri Nor Mohamed Yakcop
Tan Mei Yi
Emir Izat Abdul Rashid
Lim Han Hsuen
Ida Madieha Abdul Ghani Azmi
Musaddiq Adam Muhtar
Nur Adilah Hamid
Chakrin Utit
Bach Nguyen Luong
Zainab Ali Ahmad
Kusairi Mohd Noh
Rokiah Alavi
Ibrahim Kabiru Maji
Illisriyani Ismail
Intan Nadia Jalil
Abdulla Ibragimov
Siti Nooraznie Abdul Rahim
Fatimah Mohamed Arshad
Dr Mohd Yusof Saari
Pierre Sauvé
Tan Theng Theng
Charissa Lee Yi Zhen
Yap Gin Bee
Tan Kar Man
Junaidi Mansor
Alia Muhammad Radzi
Yeu-Mynn Yeung
Prof. Wan Abdul Manan Wan Muda
Tan Zhai Gen
Umi Maisarah Kamis
Shukri Mohamed Khairi
Wong Ee Kin
Dr. Wan Khatina Wan Nawawi
Maia Hollins-Kirk
Grace Loh Wan Chi
Keelea Shaye Linsuau Soh
Hui San Chiam
Goh Hao Yi
Daniel Filippi
Azlin Natasha Mohd Ghazali
Balqis Athirah Azhar
Dr. Sarena Che Omar
Aqeel Khaldun (University of St Andrews)
Aidil Iman Aidid
Nurul Farhana Abdul Shukor
Nur Thuraya Sazali
Yugendran Rajaendran
Putera Daniel Hakeem
Siti Aiysyah Tumin
Laventhen Sivashanmugam
Nithiyananthan Muthusamy
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Views
Jun 6, 2025
Gendering Global Trade, Recentring Women’s Labour


OP-ED
Jun 6, 2025
Gendering Global Trade, Recentring Women’s Labour
Gender Inclusion
International Trade
Christopher Choong Weng Wai
Jun 6, 2025
Jun 6, 2025
Views


Views
Apr 9, 2025
Trump’s Tariffs: Order Behind the Disorder


OP-ED
Apr 9, 2025
Trump’s Tariffs: Order Behind the Disorder
Economic Growth & Structure
International Trade
Christopher Choong Weng Wai
Apr 9, 2025
Apr 9, 2025
Views


Discussion Papers
Jan 27, 2025
Hawkers and Hawking Space in Malaysia: A Case Study


OP-ED
Jan 27, 2025
Hawkers and Hawking Space in Malaysia: A Case Study
Economic Growth & Structure
Society
Demography
Food Systems & Smallholders
Housing Affordability & Rental Market
Dr Mohd Amirul Rafiq Abu Rahim
Jan 27, 2025
Jan 27, 2025
Discussion Papers


Views
Dec 31, 2024
“That which is Measured, Improves”: Balancing Efficiency and Adaptation


OP-ED
Dec 31, 2024
“That which is Measured, Improves”: Balancing Efficiency and Adaptation
Economic Growth & Structure
Gregory Ho Wai Son
Dec 31, 2024
Dec 31, 2024
Views


Working Papers
Dec 31, 2024
Building a Sustainable Industrial Base: Malaysia’s Green Transition


OP-ED
Dec 31, 2024
Building a Sustainable Industrial Base: Malaysia’s Green Transition
Productivity & Industrial Development
Azfar Hanif Azizi
Dec 31, 2024
Dec 31, 2024
Working Papers


Working Papers
Dec 30, 2024
Searching for the ‘Poor’ and the ‘Middle-Class’ in Malaysia


OP-ED
Dec 30, 2024
Searching for the ‘Poor’ and the ‘Middle-Class’ in Malaysia
Demography
Economic Growth & Structure
Income, & Consumption
Gregory Ho Wai Son
Dec 30, 2024
Dec 30, 2024
Working Papers


Views
Dec 30, 2024
Public Finance Initiatives: Opportunities and Risks


OP-ED
Dec 30, 2024
Public Finance Initiatives: Opportunities and Risks
Public Finance & Fiscal Reform
Shereen Hazirah Hishamudin
Dec 30, 2024
Dec 30, 2024
Views


Views
Dec 27, 2024
Developmental Engines: Large Local Firms and Malaysia's Struggle to Foster Them


OP-ED
Dec 27, 2024
Developmental Engines: Large Local Firms and Malaysia's Struggle to Foster Them
Regional Development
Azfar Hanif Azizi
Dec 27, 2024
Dec 27, 2024
Views
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Views
Dec 19, 2024
Reframing Narratives on Women and Development in Malaysia
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OP-ED
Dec 19, 2024
Reframing Narratives on Women and Development in Malaysia
Economic Growth & Structure
Adam Manaf Mohamed Firouz
Dec 19, 2024
Dec 19, 2024
Views

Quote Of The Day
Malaysia is already engaged in bilateral partnerships with countries such as Singapore, China and India to streamline cross-border digital payments. The country’s involvement in Project Nexus, a regional platform for cross-border payments, has the potential to enhance Malaysia’s role as a key trade and financial centre.

Views
April 16, 2025
Bridging Borders III: Opportunities and Initiatives in Cross-Border Digital Payments
This article explores the demand for and developments in cross-border digital payments between Malaysia and other countries.
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Building a Sustainable Industrial Base: Malaysia’s Green Transition
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