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Opinion

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.

It is never a good sign when your fellow Malaysians are seriously debating whether your country has become a failed state.

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