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Not yet a failed state, Malaysia is decaying rapidly

Affirmative action policies have entrenched a crony capitalist system

| Malaysia
City skyline in Kuala Lumpur: Malaysia's system of heavy state intervention coupled with its adherence to the Malay privilege has created distorted markets primed to serve the needs of a small Malay elite.   © Reuters

Imran Shamsunahar is an external relations executive at the Institute for Democracy and Economic Affairs (IDEAS), based in Kuala Lumpur, Malaysia. Views expressed here are his own.

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