While he sees short-term stability, he said, the Government must address its historical tendency to spend much more than it can afford.
Apart from urging policy makers to abandon their current obsession with short-term stability, he does not have many concrete suggestions.
Markets viewed the election outcome as reaffirming, most probably bringing a legitimate new government with a strong mandate and at least short-term political stability.
They have opted for short-term stability instead of long-term political development and democratization.
Measures such as this that aim at short-term stability may very well lead to more long-term suppression.
Harry Verhoeven: The west has long sacrificed justice for short-term stability in Congo.
But in determining the prospects for short-term stability here, perceptions may count as much as reality.
Hydrogen masers (often manufactured in Russia) have superior short-term stability compared to other standards, but lower long-term accuracy.
Those issues are imperative to maintaining the short-term stability of the league.
"But they should be concerned about the Anwar episode, because it has implications for Malaysia's short-term and long-term stability."