Berikut adalah merupakan transkrip temuramah bersama Business Week. Antara lain temuramah ini turut membincangkan mengenai prospek ekonomi Asia selain daripada membincangkan mengenai hala tuju ekonomi Malaysia.

Temuramah asal boleh dibaca di sini.

A Talk with Malaysia’s Anwar Ibrahim

The once-jailed economic reformer is readying a political comeback, and thinks Malaysia must wake up to the challenges ahead

In July, Asia will mark the 10th anniversary of a region-wide financial crisis that started in Thailand. Back then, Anwar Ibrahim served as Malaysian Deputy Prime Minister and Finance Minister and was considered one of the most promising and reform-minded leaders in Asia. A year later, Anwar challenged Malaysia’s then-strong man, Prime Minister Mahathir Mohamed, to hasten reform—and was sacked, and then convicted on corruption and sodomy charges. He spent six years in jail for his efforts.

Since his release two years ago, Anwar has been on the global lecture circuit, but he intends to attempt a political comeback as an opposition leader in Malaysia’s next general election, expected in 2009. At the moment, he has an uneasy but civil relationship with current Prime Minister Abdullah Ahmad Badawi. Anwar recently spoke to BusinessWeek’s Assif Shameen about the changing economic dynamics in the region, the rise of China and India, and his own political ambitions. Edited excerpts from their conversation follow:

What are the lessons learned from the Asia Financial Crisis?

What went wrong 10 years ago was that our economic fundamentals in the region were very weak. There were huge and rising current account deficits, balance of payment issues, huge foreign debts, low level of foreign reserves.

Financial institutions in Asia were weak and not properly regulated. Banks were lending money to cronies of the owners or cronies of those in power, or making all sorts of government-directed policy loans. There was no risk management or assessment whether borrowers had the ability to pay. So the symptoms were all there. The crisis was waiting to happen. It was a question of when, not if.

Then the blame game started: It was all because of the speculators, or foreign agents, conspirators, or the Jews. In Malaysia, Dr. Mahathir blamed [billionaire hedge-fund manager] George Soros. Now he embraces Soros, says he wasn’t to blame for the crisis. So who was to blame? The government leaders who built the corrupt system or perpetuated it basically were.

What’s the situation now?

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