THE global economy is driven by disruptive change. What is disturbing is many of those in positions of power still lack the skills to understand the big picture, as evident from discussions even in Parliament. Based on this, I often wonder how constructive debates on charting the way forward for the nation’s economy can be done.
We have been trying for years to escape the middle income trap. The nation, as far as I can recollect, has gone through a number of economic transformation plans, but mostly with limited success.