The Blame Game
It seems that playing the blame game is a favorite pursuit of many who regard themselves as political leaders. Do we want such leaders?
Leadership can be defined as the “process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common task.” Ultimately, it is about creating ways for people to contribute to making something extraordinary happen.” and is different from political posturing where politicians take a position on an issue strictly because of its advantages.
The World Foreign Investment Report (WIR) released by UNCTAD on July 22nd this year showed that showed that FDI in Malaysia plunged 81 per cent last year, trailing behind countries like the Philippines, Vietnam, Thailand, Indonesia and Singapore. Most disappointingly, it was also the first time ever in history that Malaysia attracted less investment than the Philippines.
Before that fateful announcement, PM Najib announced on June 11th that Malaysia hopes to build greater confidence in its economic policies as well as improve the services sector in the face of an expected more than half drop in foreign direct investment (FDI) this year.
Since that disclosure by WIR, what has been happening for the past 2.5 months?
