Word: navaratnam
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Dates: during 2007-2007
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...decades, although far more have emigrated without officially giving up their nationality. Many local companies are leaving, too, investing so much offshore that as much money now leaves Malaysia as is attracted to it. "There's no question we accomplished a lot over the past 50 years," says Ramon Navaratnam, president of the Malaysia office of Transparency International, the corruption watchdog. "But if we don't face up to [our] problems, we will not be able to sustain the same level of success over the next 50 years...
...poor Malays in the dust. Indeed, the World Bank estimates that despite Malaysia's impressive $10,000 per capita annual income, the country is burdened with the largest income disparity in all of Southeast Asia. "The Malays are being let down by their own people," says Transparency International's Navaratnam, "because the rich are getting richer while the poor are staying the same...
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