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  • 29-July-2019

    English

  • 29-July-2019

    English

  • 29-July-2019

    English

  • 29-July-2019

    English

  • 29-July-2019

    English

  • 29-July-2019

    English

  • 29-July-2019

    English

  • 29-July-2019

    English

  • 24-July-2019

    English

    OECD Economic Surveys: Malaysia 2019

    Malaysia’s economy is doing well, but social and governance challenges must be addressed. The new government prioritises inclusive growth and improving trust in public institutions. Further progress toward the planned target of high-income country status by 2024 will also require focusing on productivity growth with structural reforms to move up the value chain and improve skills. Ensuring environmental protection will improve the quality of growth.Growth is set to moderate in the near term, mainly due to slowing global trade. The rising cost of living has been a key source of concern for large segments of the population. Progress could be made by providing a more targeted support, boosting entrepreneurship, improving productivity and employability among the low-income households.Fiscal policy needs reform. Building up fiscal space and ensuring medium-term sustainability will require increasing the low level of tax revenue. Improving budget process transparency and strengthening public debt management are key to fiscal accountability.Human capital development is key to boosting productivity and promoting inclusive growth. Labour market imbalances hinder productivity and make it more difficult to climb up the value chain. Investment in education and training would help under-qualified workers. Policies to stimulate the demand for high-level skills would help those who are over-qualified. SPECIAL FEATURE: REDUCING SKILLS IMBALANCES
  • 15-July-2019

    English

    Linking Indigenous Communities with Regional Development

    The 38 million Indigenous peoples living across 13 OECD countries contribute to stronger regional and national economies, and have unique assets and knowledge that address global challenges such as climate change. Supporting their economic inclusion at local and regional levels is essential to achieving the promise of the Sustainable Development Goals to 'leave no-one behind' and overcoming the significant gaps in well-being that continue to exist between Indigenous and non-Indigenous populations, notably in rural areas. This report provides recommendations to achieve vibrant local and regional Indigenous economies that deliver on their objectives for development by: improving Indigenous statistics and data governance; enabling policies for entrepreneurship and small business; providing instruments to mobilise land for development; and implementing effective and inclusive governance to support a place-based approach.
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