tag:blogger.com,1999:blog-600802170849928872.post8944515532958891406..comments2023-10-29T15:18:25.355+08:00Comments on de minimis: What's wrong with EPU and ICU?de minimishttp://www.blogger.com/profile/06478671079348612565noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-600802170849928872.post-63232829055551976982008-12-24T17:25:00.000+08:002008-12-24T17:25:00.000+08:00Effendi Norwawi was formerly the head of Sarawak E...Effendi Norwawi was formerly the head of Sarawak Economic Development Corp, and handpicked by Taib to be a possible successor to the throne of Sarawak, and served time in the Fed. govt. He is known in Kuching more for style rather than substance. Is this speech an attempt to make a second comeback in the Najib govt.? Pardon my cynicism on this festive occasion!<BR/><BR/>And a happy festive season to you, Minimis, and all fellow bloggers.chapchaihttps://www.blogger.com/profile/00048180236421500719noreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-29587325101882507712008-12-24T09:08:00.000+08:002008-12-24T09:08:00.000+08:00yes, satd! i look most forward to the privilege of...yes, satd! i look most forward to the privilege of meeting you too.<BR/><BR/>and if i may, let's also hope etheorist will be able to join us to inaugurate our own national tehtarik strategic plan.. ;PAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-38617858466312637532008-12-24T08:56:00.000+08:002008-12-24T08:56:00.000+08:00etheoristSounds like the EPU needs a revamp unless...etheorist<BR/><BR/>Sounds like the EPU needs a revamp unless its ponderous Soviet-style 5-year plan structure and processes have changed. Given that even the stern and authoritarian Dr M saw it fit to work his way around the EPU by having the NEAC, the EPU needs some serious re-engineering.<BR/><BR/>Meanwhile, WHO is doing the strategic economic development planning and thinking in Malaysia (if it isn't the EPU)? This is becoming one for the X-Files.<BR/><BR/>satD<BR/><BR/>Once we synchronise our dates we'll pull some serious "teh-tariking", bro :Dde minimishttps://www.blogger.com/profile/06478671079348612565noreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-71039762630778111782008-12-24T06:10:00.000+08:002008-12-24T06:10:00.000+08:00and walla too of course :)and walla too of course :)satDhttps://www.blogger.com/profile/03495554463280249599noreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-72015851758823342712008-12-24T02:49:00.000+08:002008-12-24T02:49:00.000+08:00The EPU was created along the line of the Soviet-t...The EPU was created along the line of the Soviet-type command economy 5-year plans. The job of the EPU was to undertake cost-benefit analysis of development projects. The development strategy was to take money from oil and gas along the continental shelf of South China Sea and spread to across the board. With the oil money nearly spent, what is there to plan?<BR/><BR/>We should focus on developing market mechanisms the efficient operations of which will create opportunities for the people. If we can do this for financial markets, we can do this for other markets as well.<BR/><BR/>The economic battle is now with the rest of the world - not among others.etheoristhttps://www.blogger.com/profile/03412913576145631384noreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-60116239374995439262008-12-23T23:20:00.000+08:002008-12-23T23:20:00.000+08:00hi wallaI say get rid of the NEAC and Economic Cou...hi walla<BR/><BR/>I say get rid of the NEAC and Economic Council and look into beefing up the EPU. If there's deadwood, get rid of them. Infuse the EPU with the best and brightest that Malaysia has. Headhunt the best economic minds. Get them. They'll help to create the blueprint for development. Then get the best and brightest implementers. They'll make sure all asses are kicked to get the desired results.de minimishttps://www.blogger.com/profile/06478671079348612565noreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-2702702078729758712008-12-23T23:10:00.000+08:002008-12-23T23:10:00.000+08:00Maybe they're trying to fight the Indonesians with...Maybe they're trying to fight the Indonesians with new acronyms....<BR/><BR/>If there was no crisis? Would there be a 'comprehensive' plan?<BR/><BR/>Words like , 'Clear Targets", Implementation Schedules, 'detailed measurements etc etc.....<BR/><BR/>Why dont you start with measuring NEP first? We are we exactly? How many more years before we achieve the target?<BR/><BR/>Loads of crap, this is more money to "Strategic Management Consultants" to devise a "plan" which simple people like all of us know....<BR/><BR/>Sorry bro....whats ur holiday plans? ....i'm gonna collect on the teh tarik can or not?satDhttps://www.blogger.com/profile/03495554463280249599noreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-18768151320242916012008-12-23T22:05:00.000+08:002008-12-23T22:05:00.000+08:00He seems to belabor the point that there hasn't be...He seems to belabor the point that there hasn't been 'clear focus and coordination' in national strategic planning.<BR/><BR/>The situation painted is certainly more than the problem of credit crunch in the last crisis now being the depression of the real economy in the present crisis.<BR/><BR/>It has also to do with organization. How is national macroeconomic planning executed in this country? Until GE12 it was almost completely federal. After GE12, it is on per capita basis only half federal. Unless the JPM get the other five states to be involved at every level in the planning process, how is the national masterplan to account for the aspirations and challenges of those five states in order to qualify as a nationally coordinated blueprint in the first place?<BR/><BR/>But to do so means federal will have to release all of its data to those state governments, just as one would expect Miti to be doing so with its respective state investment agencies. <BR/><BR/>However we have only heard about the formation of federal liaison agencies, example for housing, in those states now under the Opposition.<BR/><BR/>It therefore seems Nawawi's suggestions for an organizational reconstruct reflects a political communication disconnect between federal and state where it matters.<BR/><BR/>And calling for professional inputs which can be institutionalized seems to be saying they are having problems getting the right and committed brains to do the job. <BR/><BR/>Which is the opposite of what Najib had said as Mof1 that we have good economists around to handle the crisis.<BR/><BR/>So, what gives?<BR/><BR/>We are too small, young and globally exposed a country not to have got all this settled long ago. Additionally, the strategic planning process todate has preponderantly been looking at domestic situations and not enough of global trends. There doesn't seem to be a federally-equipped mechanism, system or hub which acts as barometer or weather vane of all that's happening beyond our shores in all matters from trade regulations to banking trends, consumer demographics to technological innovations, country2country alliancing to manpower development and mobility....the works.<BR/><BR/>But if we are to sail our trading boat properly or plot the national development path more sagaciously, this surely should be something they must set right from the very beginning.<BR/><BR/>That's what they should do in addition to asking for an organizational reconstruct. A content-focused supporting mechanism that tracks trends, crises and opportunities.<BR/><BR/>An idea machine for national development.wallahttps://www.blogger.com/profile/17580252352785040456noreply@blogger.com