Earlier this year, the Nobel-prize winning economist, Paul Krugman, wrote: “The intervals between economic crises seems to be getting shorter, and the fallout from each one seems to be worse than the last.”
While some parts of the world are still struggling to recover from the 2008 global financial crisis, there are already signs indicating that the next crisis is not too far off the horizon — especially for economies riding on credit-fuelled growth.
Is this outlook unnecessary pessimism? Or is it a realistic expectation? And if it is, how will another crisis impact Malaysia?
Listen to the podcast for excerpts from the Perdana Leadership Foundation CEO Forum 2014 and its session on ‘How Strong is Malaysia? A Resilience Scorecard for Malaysia’.
See omnystudio.com/listener for privacy information.