The Tiger That Lost Its Roar by Tony Pua

The Tiger That Lost Its Roar: A Tale of Malaysia's Political Economy by Tony Pua

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Published: 2011
Author: Tony Pua Kiam Wee
Publisher: DAP
Genre: Malaysia politics, Governance and corruption
Paperback: 335 pages
Condition: 7/10 (Used, minor discoloration on cover)

The Tiger That Lost Its Roar: A Tale of Malaysia’s Political Economy by Tony Pua is a critical examination of how Malaysia’s early post independence economic dynamism gradually gave way to stagnation, inefficiency, and weakened competitiveness due to structural political and institutional problems. Pua traces the country’s transformation from a high growth “Asian Tiger” into an economy constrained by patronage networks, race based affirmative action policies, government linked corporations, and opaque public procurement practices. He argues that the New Economic Policy, while initially designed to eradicate poverty and restructure society after 1969, evolved into a system that fostered rent seeking, crony capitalism, and politicized allocation of resources. Through analysis of fiscal management, privatization projects, infrastructure spending, and industrial policy, the book contends that excessive state intervention combined with weak governance undermined productivity, discouraged meritocracy, and reduced foreign investor confidence. Pua calls for institutional reform, transparency, competitive markets, needs based social policy, and stronger democratic accountability to restore sustainable growth and rebuild Malaysia’s economic resilience.


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