Economic Studies Programme

What is Economic Studies Programme?

Our main thrust is in identifying new economic dynamics in Penang – be these a reflection of domestic, regional or global dynamics – and in analysing the significance of these for the future. We study key issues such as the middle-income trap, the skills gap and sustainable development.

Who are the team members?

Tim-Niklas Schoepp, Acting Head, Economic Studies Programme
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, Economic Studies Programme
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.

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.


Penang Skilled Workforce Study

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

The Impact of the Goods & Services Tax on Malaysian Households

Penang Paradigm – Economic Dynamism
The ‘Economic Dynamism’ section is one of three core pillars proposed in the Penang Paradigm to direct the state’s development agenda for the next decade. The Economic Dynamism sets out a publically endorsed vision for Penang where its economic potential and its potential are developed simultaneously and to their fullest extent. This section critically analyses the current situation and proposes a strategy to improve the economic growth drivers of Penang.

Re-examining State Finances & Governance: The Challenge for Penang

Penang Industrial Talent Requirement Study 2011/12

PDC Business Intelligence Reports

Higher Education as a Source of Economic Growth: Input-Output Analysis