RICH MALAYSIA, POOR MALAYSIANS: ESSAYS ON ENERGY,ECONOMY AND EDUCATION

Description

Author : Anas Alam Faizli

Publisher : Gerakbudaya Enterprise

ISBN : 978-983-234-4216

Year : 2014

Malaysia is blessed with abundant natural resources, petroleum being the most precious. With income per capita of about USD 9,970 and PETRONAS continuously providing a onerously generous 40% to government revenue, Malaysia has all the essential ingredients to flourish. It remains a mystery as to why and how this small country of 30 million people managed to shockingly assume the unsolicited title of the region’s most unequal nation.

Have we the common people, appreciated how much wealth Malaysia has and how such wealth was spent?

In these essays, the author attempts to uncover how our oil and gas resources were developed and whether they have been exploited for or rather, at the expense of the general public. The oil royalty dynamics are also explained step-by-step to provide context to the on-going saga.