Malaysia's Development Challenges


Book Description

This book examines the various economic, political and developmental policy challenges that Malaysia faces in its shift from a middle income to high-income economy. It covers subjects such as technology, education and skills, the promotion of entrpreneurship, social, monetary policy and governance issues.




Modeling Economic Growth in Contemporary Malaysia


Book Description

This book considers crucial changes to Malaysian economic areas and social well-being. The chapters cover diverse industries such as IT, green technology, retailing, banking, tourism and hospitality, education, logistics, finance, banking, and many others.




Education in Malaysia


Book Description

This book examines Malaysia’s educational landscape, providing a contemporary study of key themes that have emerged in this multicultural, multi-ethnic society, as it attempts to shift from a middle-income to a high-income nation. Combining contributions by scholars from various fields—such as economics, history, sociology, political science and, of course, education—the book provides richer insights into Malaysia. Offering a unique resource, it will be of particular interest to educators, researchers, students, policymakers and members of the public who want to be updated on the latest trends and challenges in Malaysian education.




Issues and Challenges in the Malaysian Economy


Book Description

Focusing on Malaysia's shifting economic profile and position, this book offers new insights and perspectives to scholars and researchers on a range of new developments impacting on growth, such as the effects of the digital economy on job creation and the threats of environmental degradation and trade protectionism.




Law, Institutions and Malaysian Economic Development


Book Description

This pioneering volume develops an institutionalist analysis of Malaysias post-colonial economy by exploring the political economy of development and particularly the interface between economics and law. The various authors show that economic policy initiatives in Malaysia have often been accompanied by corresponding legislative and regulatory reforms intended to create an appropriate legal environment, and that economic problems or crises arising from earlier policies have led to major legislative innovations.




OECD Economic Surveys: Malaysia 2021


Book Description

Like many other countries, Malaysia was hit hard by the COVID-19 pandemic starting in early 2020. Its past policy prudence has allowed Malaysia to react swiftly and boldly to the public health and economic crisis.




The Long Shadow of Informality


Book Description

A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.







Conservation of Marine Resources and Sustainable Coastal Community Development in Malaysia


Book Description

This book addresses a timely and compelling emerging issue related to the conservation and sustainable use of marine resources and the sustainable development of the coastal community. Marine protected areas (MPAs) make a remarkable contribution to the protection of marine communities by providing sustainable livelihoods, deriving financial benefits from the development of fisheries and tourism, as well as by restoring ocean productivity and preventing further environmental degradation. These areas have been considered the cornerstone of a blue economy due to their substantial economic, social and environmental contributions. However, MPAs around the world are severely hampered by a multitude of issues and challenges such as inefficient management, poor socioeconomic conditions and environmental degradation due to human activities, overexploitation of marine resources, degradation of water quality, massive waste production and climate change. These are the main obstacles to economic, social and environmental sustainability. Hence, a collaborative management approach and an integrated management policy framework is urgently needed for the economic, social, political, cultural, technological, and ecological development of coastal communities.




Challenges of Growth and Globalization in the Middle East and North Africa


Book Description

The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.