We are still at the doorway (of middle income trap)

Below is a list of tip twenty-seven rankings of Global Competitiveness Index compiled by a World Economic Forum. For a full report, click here.

Malaysia is not doing as good bad, being ranked 25 out of 144 countries. Malaysia's GCI measure stays during 5.1, same as final year. So in a approach you did conjunction regress, nor progress, that might seem to be not a as good bad thing . However, while a measure has remained during 5.1, 4 countries has moved ahead of us, forcing us from a position of No. twenty-one final year.

South Korea, Luxembourg, New Zealand, United Arabs EMirates has overtaken us, to be exact. This is notwithstanding a supervision channelling substantial resources in to transforming a economies since a present PM has taken over. We have not usually not moved forward, though has remained stagnant , notwithstanding environment up assorted think-tank labs in Pemandu, contracting most of a so-called tip smarts in perplexing to develop policies to lift us out of a middle income trap.

Perhaps it is time that you look during how alternative people perspective us, especially a diseased areas, instead of just debating between ourselves how to renovate a policies.

What have been a complaint areas in a global competitiveness?

The report by WEF in fact highlighted out problems. Look during a WEF graph subsequent upon a cryptic areas:

In box a reade! rs canno t review obviously a graph above, a tip 2 cryptic areas have been these:

1. emasculate supervision bureaucracy

2. corruption

So it is transparent that a main complaint as good as main impediment to a competitiveness is nothing alternative than a government. It is not usually inefficient, though hurtful as well.

Then a subsequent 2 complaint areas are:

3. insufficiently prepared workforce

4. bad work ethic in national labour force

Again these 2 problems indicate to a supervision who is obliged for formulating a preparation policy, that has produced so most As students, though most of these have been not rival once they begin competing globally.

There is something grossly wrong with a process that has produced not usually insufficiently lerned workforce, though work force with 'tidak apa' attitude, as you Malaysians know all along. WHo can blame employers opting to employ unfamiliar workers? Not usually they have been cheap, they have been hardworking, with improved work ethics, to contend a least.

In a nutshell, as good as seeking deeper, we consider that if you want to become some-more competitive, as good as to have a workforce some-more productive with improved ethics, as good as a polite use some-more efficient, you have no alternative preference though to deliver some-more liberal as good as broader formed preparation system, do divided with affirmative-action-based policies, as good as quell corruption.

In September 2009, we wrote about this Global Competitiveness Index too, as good as one of my frequent commentators, klm, has commented something that we consider is still relevant. we would like to post his comment here:

Dr. Hsu. If you take a look during a list on tip of Malaysia (Editor: a list refers to a 2009 list not 2012), alternative than Qatar as good as UAE! , these countries have been a so called grown countries of a world, a tier 1 countries. Malaysia had finished good in reaching a doorway. But crossing this door approach is a very opposite thing from what Malaysia had finished in a past. Malaysia is having great difficulties in have a crossover. The characteristics of these countries are:

1. Liberal as good as open economy
2. Other than a few, a vigorous as good as democratic supervision system
3. Strong governance, transparency as good as accountability
4. Little or no public corruption
5. Quality preparation system
6. Knowledge industries
Strong nurturing of talent
7. open immigration

These have been most things Malaysia do not have. Without a domestic will to have a changes needed, Malaysia will still be during a pathway 10 years from now.

Three years from that final essay upon a competitiveness, you have been still during a doorway, unable to pierce out as good as up in to a tip ranked nations.

Even though we wish my nation well, we consider klm might be right that Malaysia will still during a pathway 7 years from now.

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