Tuesday, October 20, 2020

The K-Shape of Economic Recovery and Budget 2021 for Malaysia

I have been wondering about the Nike's swoosh-shaped economic recovery when I come across the new alphabet of K-shaped - a politician's vocabulary that enters the realm of economy. So many alphabets soups os the economic recovery. It is the shape that people remember, most people forget the remedial measurements.

Anyway, below is an article on the expectation of Budget 2021, one of the toughest in the history. Looking forward to how the policymakers are going to chart the growth trajectory.

https://www.malaymail.com/news/malaysia/2020/10/19/economist-say-budget-2021-to-focus-more-on-pump-priming-protecting-and-crea/1914210



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Oppenheimer and Oscar Economics

This  article  is quite long, but has important modern implications.  Source: Michael Ramirez, The Gazette.