Malaysia should open its markets to lower the cost of living

Rampant protectionism and corruption are hurting consumers

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20220315 Proton dealership Kuala Lumpur.jpg

Proton cars are displayed at a dealership in Kuala Lumpur in May 2019: protectionist policies raised the overall costs of car ownership. © AP

Imran Shamsunahar is a researcher at the Institute for Democracy and Economic Affairs (IDEAS), based in Kuala Lumpur. Views expressed here are his own.

As with most countries, inflation is becoming a hot topic in Malaysia with headline inflation standing at 2.3% in January, a drop from 3.2% the previous month.

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