Be a ‘strong leader’, reject TPPA, Dr M tells Najib (VIDEO)

The Malay Mail Online – 23 hours ago

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ricky l • a second agoRemove

If Malaysia leave TPPA, Malaysia will be leaving the one of the largest Market for Trade whilst those who join will benefit from it.

Trade (Export & Import) are 2 main components that contribute to Economic Growth.

While those who join will see their Economy grows, Malaysia will be left behind.

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ricky l • a second agoRemove

The more open the Economy for trade, the richer the Country - because a Country can sell their goods and services to a much larger market.

The more the Country protect itself from Trade, the poorer the Country - as the market within a Country in which businesses can sell to - are much smaller.

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ricky l • a second agoRemove

So based on past records and past history, for Countries who are closed Economy - are they richer or poorer?

Eg. when China closed their door to the World and rely on their own Economy (for such a big Country - did they prosper? Only when they experiment trade by opening their Economy - through Special Economic Zones whereby China Economy take off like rocket to become Economic Power and never look back.) 

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ricky l • a second agoRemove

Of course some sacrifices will need to be made internally by each Countries before each member can benefit from the TPPA.

No some small sacrifices - no big gain. 

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ricky l • a second agoRemove

Bearing in mind at that time, China Political system and Economic system (a Planned Economy and emphasis on self-reliance) is entirely a different system from the rest of the World.

By putting a step out to transform from a Planned Economy to a Market Economy and from a Self-Reliance model of Close Economy to a Trade-Dependant model of Open Economy - require a Strong Heart and Great Guts and they succeeded without looking back. 

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ricky l • a second agoRemove

That is doing business in a close to an estimated - a billion consumers in TPPA is more lucrative or a say 15 million consumers more lucrative? 

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ricky l • a second agoRemove

In the past, China do internal trade of 1 billion people in a Closed Economy - the whole Economy stagnant.

The moment China open up to trade with the World - 6 billion people, their Economy fly with 8% growth on average.

Even China of 1 billion population also must trade, what make Malaysia think that 15 million people is a large enough market?