There were so many bad unproven stuff written about Malaysia of late.
They made it sounds as if this country is already in the dumps.
I'm actually quite fed up reading them.
So, in order to make myself feel better, I went to the latest World Economic Forum's Report to check where our country really is among the nations of the world.
The following are Malaysia's positions based on a survey of 144 countries;
* Overall global competitiveness index 2014 and 2015 - 20
* Basic requirements - 23
- Institutions - 20
- Infrastructures - 25
- Macroeconomic environment - 44
- Health and primary education - 33
* Efficiency enhancers - 24
- Higher education and training - 46
- Goods market efficiency - 7
- Labour market efficiency - 19
- Financial market development - 4
- Technological readiness - 60
- Market size - 26
* Innovation and sophistication factors -17
- Business sophistication - 15
- Innovation - 21
Well, not really bad, actually.
In fact, Malaysia's rankings are actually quite good.
You can check out for more details at
Or you can go here,
World Economic Forum - Reports
Of course the most impressive was Malaysia's financial market development which is ranked 4th in the world.
We are just behind Hong Kong, Singapore and New Zealand.
The others behind us in the top ten are Finland, Australia, South Africa, Canada, United States and Norway.
You can read more here,
Which economies have the most developed financial systems
Okay, how the hell the 1MDB mess came about despite our good financial market development is beyond me.
For that, you have to check with the financial experts.