Colin Teese is former Deputy Secretary of the Department of Trade, looks at the Malaysian economy, and asks the question: what lessons does it have for Australia?The right-wing, London-based Spectator (March 8) rejoiced in the success of Malaysia’s Prime Minister Mahathir, who defied the prescription for the economic rescue of his country as laid down by the International Monetary Fund (IMF). Dr Mahathir Mohamad, it will be recalled – to the horror of the orthodox economists and their fellow tra…
