The Institute for Democracy and Economic Affairs (IDEAS) is inspired by the vision of Tunku Abdul Rahman Putra al-Haj, that is for Malaysia to “be for ever a sovereign democratic and independent State founded upon the principles of liberty and justice and ever seeking the welfare and happiness of its people and the maintenance of a just peace among all nations” IDEAS is Malaysia’s first think-tank dedicated to promoting market-based solutions to public policy challenges. We are an independent not-for-profit organisation. As a cross-partisan think tank, we work across the political spectrum. Our purpose is to advance market-based principles, and we are not bound by party politics, race or religion. Our mission is to improve the level of understanding and acceptance of public policies based on the principles of rule of law, limited government, free markets and free individuals. Our commitment to quality has received international recognition. On 21 January 2013, IDEAS was ranked as the 5th best new think tank globally and the best new think tank in Asia in a survey of more than 6500 think tanks in 169 countries by the University of Pennsylvania’s Think Tanks and Civil Societies Program.