How to Avoid Middle-Income Traps? : Evidence from Malaysia

Malaysias structural transformation from low to middle income has made it one of the most prominent manufacturing exporters in the world. However, in the competitive global economy, like many other middle-income economies, it is sandwiched between...

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Main Authors: Flaaen, Aaron, Ghani, Ejaz, Mishra, Saurabh
Format: Brief
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
ESP
GDP
TAX
Online Access:http://documents.worldbank.org/curated/en/2013/06/17893586/avoid-middle-income-traps-evidence-malaysia
http://hdl.handle.net/10986/22602
id okr-10986-22602
recordtype oai_dc
spelling okr-10986-226022021-04-23T14:04:09Z How to Avoid Middle-Income Traps? : Evidence from Malaysia Flaaen, Aaron Ghani, Ejaz Mishra, Saurabh ACCOUNTING ADVANCED ECONOMIES AGRICULTURE BALANCE OF PAYMENTS BUSINESS INNOVATIONS BUSINESS SERVICES CAPABILITIES CAPITAL ACCUMULATION CAPITAL MARKETS CITIES COLLATERAL COMMODITIES COMMODITY COMMUNICATION TECHNOLOGIES COMPETITIVE MARKETS COMPETITIVENESS CRITICAL MASS DATA AVAILABILITY DEBT DEVELOPING COUNTRIES ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC HISTORY ECONOMICS EMERGING ECONOMIES EMERGING MARKETS EMPLOYMENT EMPLOYMENT GROWTH EQUIPMENT ESP EXPORT GROWTH EXPORTS FINANCIAL SERVICES FOREIGN FIRMS GDP GDP PER CAPITA GLOBAL ECONOMY GLOBAL MARKETS GLOBALIZATION GROSS DOMESTIC PRODUCT GROWTH RATE GROWTH RATES GROWTH STRATEGY HIGH WAGES INCOME INCOME LEVELS INDUSTRIAL COUNTRIES INDUSTRIAL DEVELOPMENT INDUSTRIALIZATION INDUSTRY SCOREBOARD INFORMATION NETWORKS INFORMATION SERVICES INNOVATION INNOVATIONS INSURANCE INTERNATIONAL COMPARISONS INTERNATIONAL COMPETITION INTERNATIONAL COMPETITIVENESS INTERNATIONAL STANDARD INTERNATIONAL TRADE JOB CREATION LABOR FORCE LABOR PRODUCTIVITY LEARNING LICENSE LICENSE FEES LOW-INCOME COUNTRIES MANUFACTURING MANUFACTURING INDUSTRIES MARGINAL PRODUCTIVITY MARGINAL PRODUCTS MIDDLE-INCOME COUNTRIES MIDDLE-INCOME COUNTRY MIDDLE-INCOME ECONOMIES NETWORK EXTERNALITIES OUTPUT PER CAPITA INCOME PRODUCT INNOVATION PRODUCTION FUNCTION PRODUCTIVITY GROWTH RAMP;D REAL GDP RESULT RESULTS SKILL SHORTAGES SKILLED LABOR SKILLED WORKERS SOCIAL COHESION SOCIAL ENTREPRENEURS STRUCTURAL CHANGE TAX TAX REVENUES TAXONOMY TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TRACK RECORD TRADE STATISTICS VALUE ADDED VENTURE CAPITAL WAGES Malaysias structural transformation from low to middle income has made it one of the most prominent manufacturing exporters in the world. However, in the competitive global economy, like many other middle-income economies, it is sandwiched between low-wage economies on one side and more innovative advanced economies on the other. What can Malaysia do? Does Malaysia need a new growth strategy? 2015-09-14T14:51:02Z 2015-09-14T14:51:02Z 2013-06 Brief http://documents.worldbank.org/curated/en/2013/06/17893586/avoid-middle-income-traps-evidence-malaysia http://hdl.handle.net/10986/22602 English en_US Economic premise;no. 120 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief East Asia and Pacific Malaysia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTING
ADVANCED ECONOMIES
AGRICULTURE
BALANCE OF PAYMENTS
BUSINESS INNOVATIONS
BUSINESS SERVICES
CAPABILITIES
CAPITAL ACCUMULATION
CAPITAL MARKETS
CITIES
COLLATERAL
COMMODITIES
COMMODITY
COMMUNICATION TECHNOLOGIES
COMPETITIVE MARKETS
COMPETITIVENESS
CRITICAL MASS
DATA AVAILABILITY
DEBT
DEVELOPING COUNTRIES
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC HISTORY
ECONOMICS
EMERGING ECONOMIES
EMERGING MARKETS
EMPLOYMENT
EMPLOYMENT GROWTH
EQUIPMENT
ESP
EXPORT GROWTH
EXPORTS
FINANCIAL SERVICES
FOREIGN FIRMS
GDP
GDP PER CAPITA
GLOBAL ECONOMY
GLOBAL MARKETS
GLOBALIZATION
GROSS DOMESTIC PRODUCT
GROWTH RATE
GROWTH RATES
GROWTH STRATEGY
HIGH WAGES
INCOME
INCOME LEVELS
INDUSTRIAL COUNTRIES
INDUSTRIAL DEVELOPMENT
INDUSTRIALIZATION
INDUSTRY SCOREBOARD
INFORMATION NETWORKS
INFORMATION SERVICES
INNOVATION
INNOVATIONS
INSURANCE
INTERNATIONAL COMPARISONS
INTERNATIONAL COMPETITION
INTERNATIONAL COMPETITIVENESS
INTERNATIONAL STANDARD
INTERNATIONAL TRADE
JOB CREATION
LABOR FORCE
LABOR PRODUCTIVITY
LEARNING
LICENSE
LICENSE FEES
LOW-INCOME COUNTRIES
MANUFACTURING
MANUFACTURING INDUSTRIES
MARGINAL PRODUCTIVITY
MARGINAL PRODUCTS
MIDDLE-INCOME COUNTRIES
MIDDLE-INCOME COUNTRY
MIDDLE-INCOME ECONOMIES
NETWORK EXTERNALITIES
OUTPUT
PER CAPITA INCOME
PRODUCT INNOVATION
PRODUCTION FUNCTION
PRODUCTIVITY GROWTH
RAMP;D
REAL GDP
RESULT
RESULTS
SKILL SHORTAGES
SKILLED LABOR
SKILLED WORKERS
SOCIAL COHESION
SOCIAL ENTREPRENEURS
STRUCTURAL CHANGE
TAX
TAX REVENUES
TAXONOMY
TELECOMMUNICATIONS
TOTAL FACTOR PRODUCTIVITY
TRACK RECORD
TRADE STATISTICS
VALUE ADDED
VENTURE CAPITAL
WAGES
spellingShingle ACCOUNTING
ADVANCED ECONOMIES
AGRICULTURE
BALANCE OF PAYMENTS
BUSINESS INNOVATIONS
BUSINESS SERVICES
CAPABILITIES
CAPITAL ACCUMULATION
CAPITAL MARKETS
CITIES
COLLATERAL
COMMODITIES
COMMODITY
COMMUNICATION TECHNOLOGIES
COMPETITIVE MARKETS
COMPETITIVENESS
CRITICAL MASS
DATA AVAILABILITY
DEBT
DEVELOPING COUNTRIES
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC HISTORY
ECONOMICS
EMERGING ECONOMIES
EMERGING MARKETS
EMPLOYMENT
EMPLOYMENT GROWTH
EQUIPMENT
ESP
EXPORT GROWTH
EXPORTS
FINANCIAL SERVICES
FOREIGN FIRMS
GDP
GDP PER CAPITA
GLOBAL ECONOMY
GLOBAL MARKETS
GLOBALIZATION
GROSS DOMESTIC PRODUCT
GROWTH RATE
GROWTH RATES
GROWTH STRATEGY
HIGH WAGES
INCOME
INCOME LEVELS
INDUSTRIAL COUNTRIES
INDUSTRIAL DEVELOPMENT
INDUSTRIALIZATION
INDUSTRY SCOREBOARD
INFORMATION NETWORKS
INFORMATION SERVICES
INNOVATION
INNOVATIONS
INSURANCE
INTERNATIONAL COMPARISONS
INTERNATIONAL COMPETITION
INTERNATIONAL COMPETITIVENESS
INTERNATIONAL STANDARD
INTERNATIONAL TRADE
JOB CREATION
LABOR FORCE
LABOR PRODUCTIVITY
LEARNING
LICENSE
LICENSE FEES
LOW-INCOME COUNTRIES
MANUFACTURING
MANUFACTURING INDUSTRIES
MARGINAL PRODUCTIVITY
MARGINAL PRODUCTS
MIDDLE-INCOME COUNTRIES
MIDDLE-INCOME COUNTRY
MIDDLE-INCOME ECONOMIES
NETWORK EXTERNALITIES
OUTPUT
PER CAPITA INCOME
PRODUCT INNOVATION
PRODUCTION FUNCTION
PRODUCTIVITY GROWTH
RAMP;D
REAL GDP
RESULT
RESULTS
SKILL SHORTAGES
SKILLED LABOR
SKILLED WORKERS
SOCIAL COHESION
SOCIAL ENTREPRENEURS
STRUCTURAL CHANGE
TAX
TAX REVENUES
TAXONOMY
TELECOMMUNICATIONS
TOTAL FACTOR PRODUCTIVITY
TRACK RECORD
TRADE STATISTICS
VALUE ADDED
VENTURE CAPITAL
WAGES
Flaaen, Aaron
Ghani, Ejaz
Mishra, Saurabh
How to Avoid Middle-Income Traps? : Evidence from Malaysia
geographic_facet East Asia and Pacific
Malaysia
relation Economic premise;no. 120
description Malaysias structural transformation from low to middle income has made it one of the most prominent manufacturing exporters in the world. However, in the competitive global economy, like many other middle-income economies, it is sandwiched between low-wage economies on one side and more innovative advanced economies on the other. What can Malaysia do? Does Malaysia need a new growth strategy?
format Brief
author Flaaen, Aaron
Ghani, Ejaz
Mishra, Saurabh
author_facet Flaaen, Aaron
Ghani, Ejaz
Mishra, Saurabh
author_sort Flaaen, Aaron
title How to Avoid Middle-Income Traps? : Evidence from Malaysia
title_short How to Avoid Middle-Income Traps? : Evidence from Malaysia
title_full How to Avoid Middle-Income Traps? : Evidence from Malaysia
title_fullStr How to Avoid Middle-Income Traps? : Evidence from Malaysia
title_full_unstemmed How to Avoid Middle-Income Traps? : Evidence from Malaysia
title_sort how to avoid middle-income traps? : evidence from malaysia
publisher World Bank, Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2013/06/17893586/avoid-middle-income-traps-evidence-malaysia
http://hdl.handle.net/10986/22602
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