Turning Points: Ups and downs of Penang’s economy

By Chan Huan Chiang, Ong Wooi Leng

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IntroductionWe take keen interest on economic news only because we realise that recessions have a way of creeping up on us and messing up whatever big plans we have for the future. Timing is everything, the way Solomon’s wisdom teaches us in the Book of Ecclesiastes – a time to plant, a time to build, a time to keep and a time to throw away. Still, some three millenniums will pass before formal studies and public announcements are made of...

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Chan Huan Chiang

is a senior research fellow at the Penang Institute.

Ong Wooi Leng

heads the Socioeconomics and Statistics Programme at Penang Institute. Her work lies in labour market analysis and socio-economic development.