The government is stepping up its fight against rent-seeking activities, or “Alibaba” culture, which is estimated to cost Malaysia losses amounting to 1% of GDP to corruption. We speak to economist Dr. Carmelo Ferlito, on the kinds of reforms needed to eliminate such activities in the country.

Image by: Shutterstock

Produced by: Yeong Yeng Yee

Presented by: Shazana Mokhtar, Wong Shou Ning

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  Law/Activism,  government,  economy,  corruption

Tags:  rent seeking,  malaysia government,  economy,