Fostering inclusive growth in Malaysia / Stewart Nixon, Hidekatsu Asada, Vincent Koen

Asada, Hidekatsu [VerfasserIn] ; Koen, Vincent *1960-* [VerfasserIn]

Englisch

Paris : OECD Publishing, 2017

1 Online-Ressource (circa 40 Seiten) : Illustrationen

Zusammenfassung in französischer Sprache

DOI: 10.1787/24837aed-en

*Economics ; Malaysia

Soziale Sicherheit / Soziale Ungleichheit / Regionalentwicklung / Soziale Integration / Wirtschaftswachstum / Malaysia

Amtsdruckschrift / Government document / Arbeitspapier / Working paper / Online-Publikation / Online publication

Journal of Economic Literature: E20

Journal of Economic Literature: P48

Journal of Economic Literature: H20

Journal of Economic Literature: J0

Journal of Economic Literature: I0

Journal of Economic Literature: H50

Malaysia has followed a comparatively equitable development path, largely eliminating absolute poverty and greatly reduced ethnic inequality. Income and wealth inequality have gradually declined since the mid-1970s. With the people economy at the centre of Malaysias ambition to become a high-income country by 2020, the focus is shifting to the challenges of relative poverty and achieving sustainable improvements in individual and societal well-being through inclusive growth. This shift would be aided by reforms in several policy areas where Malaysia may compare favourably within its region but less so relative to OECD countries. This includes reforms to increase access to quality education, provide comprehensive social protection, raise the labour force participation of women and older persons, maintain universal access to quality public healthcare, improve pension system sustainability and adequacy and move towards a tax and transfer system that does more for inclusiveness.

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