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Addressing the issue, which Finance Malaysia thinks was critical at a time of globalization heats up, Malaysia needs to formulate and take action immediately without much hesitation. But, before we jump into action, we need to know the root of the problem. Right? Exactly, we must find out the reason why we left behind other countries in terms of GDP per capita , which refers to the country's gross domestic products at purchasing power parity (PPP) per capita. According to Wikipedia, it was the value of all final goods and services produced within a country in a given year divided by the average population for the same year. Why not using nominal GDP to measure national wealth? Comparison of national wealth are also frequently made on the basis of nominal GDP, which does not reflect differences in the cost of living. Using a PPP basis is arguably more useful when comparing generalized differences in living standards on the whole between nations because PPP takes into account the re...

Even before the much awaited general election, our universities under-graduates are up for the upcoming campus elections. Candidates are going all out, day and night, to campaign for votes for the past few days. Election will be held from Feb 21 to Feb 24. News excerpt from The Star newspaper (17 Feb 2011) Successfully, every year, campus election which initially meant for universities only, got the attention of public and full coverage from major dailies. Malaysian is like watching European Cup (campus election), prior to the more important FIFA World Cup (general election). Meanwhile, politician tends to monitor the progress of the campus elections for various reasons: Read the minds of undergraduates Identify the potential future politicians Predicting the youth trends on politics Penggerak Mahasiswa or Pro-Mahasiswa? Not surprisingly, campus elections are heated up once again this year. As a graduate from one of Malaysia's public university, it reminded me on campus election. t...