Economics Studies

What is Economics Studies?

The Economics Section undertakes active research into economics issues in Penang, Malaysia, South East Asia and Asia. We provide high impact, academically grounded, impartial and cutting edge analysis on the issues concerning the middle income trap, sustainable development and the growth of economies. We also look into business issues such as corporate governance, corporate financing and financial supervision.

We also provide assessments into the impact of past, current and future economic policies, and provide in-depth analysis for policymakers and the general public. We present and share our economic views to lead public opinion, shape global academic discussion, promote debates and exchange of ideas, and influence the State and the Federal governments in formulating better economic policies.

Who are the team members?

Tim-Niklas Schoepp, COO, Visiting Analyst, Economic Studies
He holds the German equivalent to a MBA (“Diplom-Kaufmann“) from BITS University in Germany. He started his career in 2007 as managing director of a medium-sized company in Germany. In 2011 he moved to Malaysia and worked for the Malaysian-German Chamber of Commerce in Kuala Lumpur. There he was responsible for establishing a dual vocational training program, based on the German model within the Malaysian education system. In 2014, he joined Penang Institute and helps "making ideas work" for the development of Penang. His research interests includes the impact of natural resources towards an economy, financial equalization models between federal states and oil price dynamics.

Dr. Negin Vaghefi, Senior Analyst, Economics Studies
She holds Ph.D. in Environmental Economics and Master in Environmental Management from Universiti Putra Malaysia. She has a research background from academic experience. She had been involved in projects and research works at Universiti Putra Malaysia (UPM), Universiti Kebangsaan Malaysia (UKM), and Universiti Malaya (UM). Her research interests include environmental economics, climate change, sustainable development, green economics, social security, poverty and income inequality, System Dynamics modelling, and policy analysis.

Ong Wooi Leng, Senior Analyst
She holds two master's degrees in Social Sciences (Economics) from University Sains Malaysia (USM) and the National University of Singapore (NUS). Prior to her admission at NUS, she had been involved in many socio-economics projects at Penang Institute. A few notable ones include public finance, economic trends and higher education studies. She was also engaged in tourism project with professors at USM. She actively publishes papers in academic journals and articles in Penang Monthly. Her research interest lies in industrial economics and consumer behaviours.

Timothy Choy, Analyst, Economic Studies
He holds a Master in Public Policy and Administration from the London School of Economics and a Bachelor of Science in Economics from the University of Nottingham. He has had working experience in the Performance Management and Delivery Unit of the Prime Minister’s Office where he monitored and executed deliverables for rural development in the Government Transformation Program. During his time in London, he worked as a researcher in London Youth, formulating a framework for monitoring and evaluation of interventions by NGOs across London. His research interest includes topics on international economics, growth and inequality, and policy analysis.

Current projects

The Trans-Pacific Partnership Agreement (TPPA)

The 2016 Budget and Economic Outlook

Oil Price 2015

Penang Economic Indicators | Jan 2015

The Economic Costs & Benefits of Brain Drain from Malaysia

The State of Penang’s Industrial Base

» More Projects

Our Affiliates


pg_gov      mppp      mpsp      pdc   psdc      undp       usm   investpg

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