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  • June 2019 (Revised November 2019)
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Malaysia: An 'Asian Tiger' Reawakens

By: Richard H. K. Vietor
  • Format:Print
  • | Language:English
  • | Pages:31
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Abstract

On May 9, 2018, in an extraordinary upset, Mahathir Mohamad again became Malaysia’s Prime Minister. Najib Razak, who had headed the government since 2009, had been swept up in the 1MDB scandal—perhaps the biggest state-corruption incident in history. Although Malaysia’s growth had remained solid since the financial crisis, the scandal undermined the budget, the country’s debt position, and foreigners’ willingness to invest. What was it in the history, culture, and institutional structure of the country that had allowed 1MDB to happen. And could the 93-year-old Mahathir get the country back on track?

Keywords

Government and Politics; Crime and Corruption; Financial Crisis; Business and Government Relations; Economy; Leading Change; Malaysia

Citation

Vietor, Richard H. K. "Malaysia: An 'Asian Tiger' Reawakens." Harvard Business School Case 719-073, June 2019. (Revised November 2019.)
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About The Author

Richard H.K. Vietor

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Related Work

    • June 2019 (Revised November 2019)
    • Faculty Research

    Malaysia: An 'Asian Tiger' Reawakens

    By: Richard H. K. Vietor
    • May 2021
    • Faculty Research

    Malaysia: An ‘Asian Tiger’ Reawakens

    By: Richard H.K. Vietor
Related Work
  • Malaysia: An 'Asian Tiger' Reawakens By: Richard H. K. Vietor
  • Malaysia: An ‘Asian Tiger’ Reawakens By: Richard H.K. Vietor
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