Malaysia Economic Monitor, November 2012

World Bank

Malaysia Economic Monitor, November 2012

2012

World Bank

The Malaysian economy maintained a vigorous pace in the first nine months of 2012 despite external headwinds. Continuing a trend in the past two years, Malaysia's stronger-than-expected Gross Domestic Product, or GDP growth in the first nine months of 2012 was driven by rapid expansion of domestic demand while external demand (and export-oriented industries) stagnated due to continuing global uncertainty. Malaysia's low participation of women in labor markets is linked to a pattern whereby women do not return to work after marriage and childbearing. Education alone is not sufficient to close gender gaps as social norms and formal institutions continue to affect the choices of all women. In the long-term, norms need to evolve for gender gaps to be bridged; in the meantime measures can be put in place to help men and women balance responsibilities. Changing prevailing social norms takes time. In the medium-term, supportive measures at all stages of the life-cycle can be put in place, ranging from flexi-work arrangements and expanded childcare options, to incentives for more female participation in 'non-female' educational fields and job types. While current initiatives to leverage on women's talent are laudable, other policy options must be explored, evaluated, and tailored, to enable Malaysian women to fully contribute to Malaysia's transformation towards a high-income, inclusive and sustainable economy.

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AGROVOC Keywords

agriculture buffer community development corruption debt development economics discrimination economic environment economic growth economic sectors economic structure exchange rate expenditure exports families financial institutions fixed capital food prices gender gender equality gender equity gross domestic product growth rate households human resources import imports income inflation interest rates inventories liquidity macroeconomics monetary policies poverty reduction private investment public expenditure public investment public-private partnerships real estate recycling refugees remuneration savings social security social welfare stock market surplus uncertainty unemployment unemployment insurance union urban areas value added wages working capital

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Net exports; Economic research; Consensus forecast; Economic opportunities; Loans to businesses; Domestic credit; External shock; Income levels; Borrowing; Monetary conditions; Inflation dynamics; Effective exchange rate; Portfolio; Central bank; Foreign direct investment; Capital goods; Trade balance; Economic outcomes; International reserves; Drag on growth; Private consumption; Debt crisis; Government finance; Portfolio flows; World economy; Key challenges; Consolidation; Credit cards; Loan applications; External demand; Monetary expansion; Value index; Enrollment; Return; Total exports; Supply-side; Food price; Re-exports; Leverage; Current account; Emerging economies; Current account balance; Consumption goods; Oil; Finances; Nominal exchange rate; Structural reforms; Real effective exchange rate; Credit card; Inflation rates; Family responsibilities; Labor markets; Economic model; Consumer price inflation; Employers; Monetary fund; Real gdp; Current account deficits; Domestic demand; Agriculture organization; Inventory; Investment climate; Rapid growth; Trading partners; Married women; Capital outflows; Consumer price index; Real gross domestic product; Foreign assets; Oil prices; Real wage growth; Financial provider; Economic outlook; Consumption growth; Inflationary pressures; Labor force participation; Consumption expenditure; Intermediate inputs; Sovereign debt; Education level; Debt securities; Growth projections; Capital goods imports; Earnings; Fiscal policy; Slowdown; Output gap; Receipts; Intermediate goods; Central banks; Annual growth; Gender bias; Total factor productivity; Gender gap; Commodity prices; Government bond; Cpi; Public investments; Domestic economy; Competitiveness; Chamber of commerce; Policy makers; Bank office; Price controls; Financial crisis; Loan; Initial public offering; Forecasts; Key challenge; Trading partner; Current account surplus; Economic opportunity; Enrolment rates; Ipo; Corporate income taxes; Consumer confidence; Household debt; Gender gaps; Borrowings; Labor force; Benchmark interest rate; Economic activity; Excise taxes; Currency; Gdp; Discrimination against women; Holdings; Domestic market; Equity market; Minimum wage; Labor market; Inefficiency; Banking system; Bills; Capital markets; Government securities; Foreign exchange; Monetary transactions; Financial account; Unemployment rate; Peoples; Investment boom; Dutch disease; Benchmarking; Benchmark; Women entrepreneurs; International financial statistics; Bonds; Capital inflows; Oil revenues; Structural reform; Short-term external debt; Export growth; Import content; Loan recoveries; Global economy; World trade; Advanced economies; Gdp per capita; Early education; Personal loans; Bond markets; External position; Economic developments; M3; Expenditures; Gross fixed capital formation; Gross value; Monetary policy; Capital flows; Liquidity conditions; Tax; Currency depreciation; Loss of competitiveness; Export commodities

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English

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Malaysia Economic Monitor, November 2012

2012

AGROVOC Keywords

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