I read a news report that the Malaysian Government now officially allows its civil servants to do part time work to earn a supplemental income to meet the rising cost of living.
There is a risk that the civil servant may abuse their official position for personal advantage. I wonder how they will manage this risk?
But the underlying problem is the need to give higher wages, at a time when the Malaysian Government face a budget constraint.
What is the solution? Can the free market capitalist system find a solution? Financial speculation, which is a key part of this system, appears to be the major source of the problem.
Subscribe to:
Post Comments (Atom)
:.
0 comments:
Post a Comment