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Opinion

Malaysia's economy has a serious political problem

Squabbling current and former prime ministers prevent meaningful reforms

| Malaysia
Muhyiddin Yassin is not opening the government's wallet sufficiently.   © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

Nor Shamsiah Mohd Yunus is not the leader of Malaysia, but she might as well be: the central bank she heads is taking the lead in steering one of Asia's most chaotic economies through the COVID-19 crisis.

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