Dr Cassey Lee is a Senior Fellow and the Coordinator of the Regional Economic Studies Programme at the ISEAS – Yusof Ishak Institute.
Dr Lee has held academic appointments at the University of Wollongong, Nottingham University Business School (Malaysia) and University of Malaya. Dr Lee received his PhD (Economics) from University of California, Irvine. His current research focuses on algorithmic economics, competition policy, structural change and political economy. He has published in peer-reviewed journals such as Journal of Economic Dynamics and Control, Kyklos, Journal of Economic Surveys, Computational Economics, Journal of Asian Economics, and Economic Modelling. He is currently the co-managing editor of the Journal of Southeast Asian Economies and associate editor of the Journal of Economic Surveys, Asian Economic Journal and Asian Economic Policy Review.
The “Madani Economy” narrative launched on 27 July hopes to project a stronger public image of Prime and Finance Minister Anwar Ibrahim’s economic leadership. It should be seen as an interim economic policy framework of the Unity government inspired by the Madani concept.
The war in Ukraine and the de-coupling of Russia from major economies are expected to dampen economic recovery and generate inflationary shocks. If inflation in Malaysia worsens, policymakers may have to implement a more restrictive monetary policy combined with fiscal stimulus funded by debt and petroleum royalties.
The Mid-Term Review of the Eleventh Malaysia Plan (MTR-11MP) is a broad overview of the PH government's future economic policy directions with emphasis on institutional reforms and reducing state-level developmental gaps that have persisted.