
One of the better-documented emerging markets. Four strands: the Bumiputera policy that shapes every deal, the party-linked and government-linked ownership structure, the 1997-98 capital-controls episode, and 1MDB, now the best-documented emerging-market fraud of its decade.
How Malaysian policy shared ownership and rents among ethnic and political groups.
How Southeast Asia's tycoons got rich from political favours, not productivity.
How Jho Low diverted billions from Malaysia's 1MDB fund into parties and politics.
Recommended by: Alexis Ohanian, Alfred Lin and 5 others
Mahathir's case for Malay preferences that became the New Economic Policy.
Malaysia's 1997-98 crisis and its unorthodox answer of capital controls.
Memoir by the architect of the industrial policy and the capital controls.
Who actually controls the GLCs that dominate the local market.
How a journalist uncovered the 1MDB fraud, told first-hand.