Malaysia: Background Paper
January 2, 1996
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This Background Paper on Malaysia examines developments and trends in the labor market since the mid-1980s. The paper describes the changes in the employment structure and the labor force. It reviews wages and productivity trends and their effects on unit labor cost. The paper highlights that Malaysia’s rapid growth, sustained since 1987, has had a major impact on the labor market. The paper outlines the major policy measures to address the labor constraints. It also analyzes Malaysia’s recent experience with international capital flows.
Subject: Balance of payments, Banking, Capital flows, Capital inflows, Employment, Labor, Labor costs, Labor markets
Keywords: Capital flows, Capital inflows, CR, Employment, employment growth, employment opportunity, employment share, employment structure, Global, interest rate differential, ISCR, Labor costs, Labor markets, manufacturing sector, productivity, wage, wage cost, wage data, wage settlement, wage survey
Pages:
83
Volume:
1995
DOI:
Issue:
127
Series:
Country Report No. 1995/127
Stock No:
1MYSEA0011995
ISBN:
9781451828221
ISSN:
1934-7685
Notes
This report on Malaysia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of Malaysia, or the Executive Board of the IMF.
