Wednesday, April 21, 2010

Country Economic Updates

the Malaysian economy is projected to grow again at 4.1 percent in 2010, following a contraction of 2.3 percent in 2009.

The Malaysia Economic Monitor calls attention to four key policy thrusts to meet this challenge:
* Promoting further specialization of the economy
* Improving the skills base of the labor force
* Making growth more inclusive
* Bolstering public finances

Real GDP growth is projected to reach 3.5 percent in 2010 and 3.8 percent in 2011.Our analysis shows that, so far, the size and pace of the peak-to-trough and the projected recovery in 2010 is closely aligned with past recessions in the Philippines. However, unless reforms address long-standing growth bottlenecks, the recovery’s shape over the medium-term will move from V to \/¯¯ , i.e., stabilize at a lower equilibrium growth rate.

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