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Malaysia: 20/20 Vision on Growth

A skyline of Malaysia's capital of Kuala Lumpur with Petronas Twin Towers (R) and Kuala Lumpur Tower, in this August 1, 2004 file photo. The man who made Malaysia part of the "East Asia Miracle" with a massive inflow of foreign direct investment doesn't think much of it today. The former emerging markets star, now a muddle, needs a new policy direction, says Dr. Mahathir Mohamad. Reuters/Bazuki Muhammad

Since it gained independence in 1957, Malaysia has undergone a remarkable transformation from an agricultural economy to a dynamic manufacturing and services—driven economy, a feat that has consolidated its reputation as one of Southeast Asia’s economic powerhouses.

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