In 2007, on the 50th anniversary of Malaysia¡¯s independence, Nobel laureate economist the ¡°miracle¡± of the country¡¯s economic rise and creation of a vibrant multiethnic society.

In the 15 years that followed, however, revelations of large-scale and damaged Malaysia¡¯s international reputation and fueled domestic political instability.

But Malaysia¡¯s fortunes may be turning around. Late last year, long-time opposition leader was as the country¡¯s new prime minister. His record of effective and corruption-free leadership offers good reason to hope that Malaysia can return to a stable development path leading to greater prosperity for more people.