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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Bibliographische Detailangaben
1. Verfasser: Asada, Hidekatsu (VerfasserIn)
Weitere Verfasser: Nixon, Stewart (MitwirkendeR), Koen, Vincent 1960- (MitwirkendeR)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Paris OECD Publishing 2017
Schriftenreihe:OECD Economics Department Working Papers
Schlagworte:
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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