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

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English

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Malaysia Economic Monitor, November 2012

2012

AGROVOC Keywords

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