Boosting productivity in Malaysia:
Productivity growth is essential to providing sustainable increases in living standards. Malaysia has reached a development stage where growth needs to be driven more by productivity gains than the sheer accumulation of capital and labour inputs. The 11th Malaysia Plan (2016-20) sets an ambitious la...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2017
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Schriftenreihe: | OECD Economics Department Working Papers
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Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | Productivity growth is essential to providing sustainable increases in living standards. Malaysia has reached a development stage where growth needs to be driven more by productivity gains than the sheer accumulation of capital and labour inputs. The 11th Malaysia Plan (2016-20) sets an ambitious labour productivity growth target of 3.7% per year, well above the 2% average growth recorded from 2011 to 2015. Co-ordinated structural reforms will be necessary to achieve the productivity improvements needed to attain high-income country status. Areas where reforms would deliver the greatest boost to productivity include increasing the quality of education and skills training, spurring innovation, adopting information technology more widely, fostering a well-functioning competition policy framework, improving the functioning of the labour market and the regulatory framework for small and medium-sized enterprises, fostering regional integration and raising public sector productivity |
Beschreibung: | 1 Online-Ressource (43 Seiten) |
DOI: | 10.1787/e8985a5b-en |
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language | English |
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spelling | Asada, Hidekatsu Verfasser aut Boosting productivity in Malaysia Hidekatsu Asada, Stewart Nixon and Vincent Koen = Renforcer la productivité en Malaisie / Hidekatsu Asada, Stewart Nixon et Vincent Koen Renforcer la productivité en Malaisie Paris OECD Publishing 2017 1 Online-Ressource (43 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers Productivity growth is essential to providing sustainable increases in living standards. Malaysia has reached a development stage where growth needs to be driven more by productivity gains than the sheer accumulation of capital and labour inputs. The 11th Malaysia Plan (2016-20) sets an ambitious labour productivity growth target of 3.7% per year, well above the 2% average growth recorded from 2011 to 2015. Co-ordinated structural reforms will be necessary to achieve the productivity improvements needed to attain high-income country status. Areas where reforms would deliver the greatest boost to productivity include increasing the quality of education and skills training, spurring innovation, adopting information technology more widely, fostering a well-functioning competition policy framework, improving the functioning of the labour market and the regulatory framework for small and medium-sized enterprises, fostering regional integration and raising public sector productivity Economics Malaysia Nixon, Stewart ctb Koen, Vincent 1960- (DE-588)132061910 ctb https://doi.org/10.1787/e8985a5b-en Verlag kostenfrei Volltext |
spellingShingle | Asada, Hidekatsu Boosting productivity in Malaysia Economics Malaysia |
title | Boosting productivity in Malaysia |
title_alt | Renforcer la productivité en Malaisie |
title_auth | Boosting productivity in Malaysia |
title_exact_search | Boosting productivity in Malaysia |
title_exact_search_txtP | Boosting productivity in Malaysia |
title_full | Boosting productivity in Malaysia Hidekatsu Asada, Stewart Nixon and Vincent Koen = Renforcer la productivité en Malaisie / Hidekatsu Asada, Stewart Nixon et Vincent Koen |
title_fullStr | Boosting productivity in Malaysia Hidekatsu Asada, Stewart Nixon and Vincent Koen = Renforcer la productivité en Malaisie / Hidekatsu Asada, Stewart Nixon et Vincent Koen |
title_full_unstemmed | Boosting productivity in Malaysia Hidekatsu Asada, Stewart Nixon and Vincent Koen = Renforcer la productivité en Malaisie / Hidekatsu Asada, Stewart Nixon et Vincent Koen |
title_short | Boosting productivity in Malaysia |
title_sort | boosting productivity in malaysia |
topic | Economics Malaysia |
topic_facet | Economics Malaysia |
url | https://doi.org/10.1787/e8985a5b-en |
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