Malaysia: Steady and growing

The Oxford Business Group paints a glowing picture of the Malaysian economy.

Malaysia: Vocational training

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Malaysia has launched a major overhaul of its vocational training programmes, aiming to both reform the educational system to ensure graduates are better equipped for employment in the country’s changing economy and to improve the appeal of trades as a profession for young Malaysians.

Malaysia: Staffing the knowledge economy

The Oxford Business Group analyses the IT sector and human capital in Malaysia.

Malaysia – Rebalancing in tumultuous times

Malaysia should seriously consider rebalancing its economy, argues Shnkaran Nambiar.

The Myth of Malaysia’s Middle Income Trap

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Nurhisham discusses the middle income trap and is positive about Malaysia. He notes that “In fifty years from now, people will look back and see these next 2-3 decades as Malaysia’s golden era. While the ETP and NEM will probably get the credit, this is a structural transformation that’s been years in the making.”

Whither Malaysia’s brain drain?

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Brain drain—the migration of talent across borders—has an impact on Malaysia’s aspiration to become a high-income nation. Human capital is the bedrock of the high-income economy. Sustained and skill-intensive growth will require talent going forward. For Malaysia to be successful in its journey to high income, it will need to develop, attract and retain talent. Brain drain does not appear to square with this objective: Malaysia needs talent, but talent seems to be leaving.

Are civil and political rights and economic, social and cultural rights mutually exclusive?

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Part III. More than sixty years after the adoption of the Universal Declaration of Human Rights, the importance of human rights is well established in the international community. Despite this general acceptance, however, debate persists on the ways in which human rights should be protected and prioritized in different communities and cultures, particularly in the context of political and economic development. The division between civil and political rights, on the one side, and economic, social, and cultural rights, on the other, was first outlined in 1966 and continues to shape the way human rights activists, governments, and citizens approach these questions. This post is the second in a series about the interaction between these two categories of rights and the ways in which that delineation influences the global debate regarding political and economic development.

The Malaysian economy – past successes, future challenges

How might a development economist view the Malaysian economy? What are its key ‘stylized facts’ and its salient features? To what extent does its development record conform to the received wisdom on growth and development? These questions inform the analytical framework which guides this paper.

Export led industrialisation, employment and equity – The Malaysian case

Malaysia is undoubtedly a development success story. Over the past decade or so rapid economic growth through export-led industrialisation has been accompanied by rising living standards and improvement in the distribution of income, ameliorating the twin problems of poverty and racial imbalances. The key lesson to come from the Malaysian experience is that in a small open economy, the task of achieving the apparently conflicting objectives of growth and equity is facilitated by a long-term commitment to outward-oriented trade and industrial policies.