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Malaysia’s political earthquake

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22.05.2018

The Islamists have progressed in elections held in three countries recently: Tunisia, Libya, and Malaysia. The latter is the biggest surprise. This was a political earthquake that overthrew the leader of a corrupt government, the now ex-Prime Minister Najib Razak. The elections reinstated Dr Mahathir Mohamad as Prime Minister. He was behind the Malaysian renaissance and is a founder of the modern state, and is back in power 15 years after he resigned from the position in which he served his country for almost 25 years.

During his time as Prime Minister, he was able to turn Malaysia from an agricultural country relying on the production and export of raw materials into an advanced industrial state with the industrial sector contributing about 90 per cent of its domestic production. Manufactured goods make up about 85 per cent of Malaysia’s total exports. In addition, the country experienced prosperity and economic growth while he was in office, which led to an extraordinary rise in the income of Malaysian citizens. Dr Mohamad did not burden his country with World Bank loans and the future generations were not crippled by his debts.........

© Middle East Monitor