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Budget 2013: Behind the theatrics #2-Pumping money into vocational education is not enough

Every year, eyes are peeled and ears are pricked for the Budget speech by the Prime Minister. The speech, unfortunately, is more theatre than substance. It highlights populist measures and dangles enticing carrots in the name of caring for the rakyat. But, are these glorified goodies really weeding out the root of the problems, or merely slashing at the stems? What cure does Malaysia’s economy really need? Does Pakatan Rakyat’s Alternative Budget offer better solutions, or are their proposals just as questionable? REFSA reveals the real deal behind the razzle-dazzle in our all new infographic series Budget 2013: Behind the Theatrics.

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Sources:

[1] Are blue-collar jobs only for losers? Available at http://www.freemalaysiatoday.com/category/opinion/2012/08/22/are-blue-collar-jobs-only-for-losers/ Retrieved 24 Oct 2012.

[2] 77% of our workforce have only SPM-level education, or lower. Available at http://refsa.org/relevant-number/77-of-our-workforce-have-only-spm-level-education-or-lower/ Retrieved 24 Oct 2012.

[3] Malaysian Economic Monitor April 2012. Available at http://www.epu.gov.my/c/document_library/get_file?uuid=043cf207-6a2e-4ff5-8666-d90a32cde4f9&groupId=34492 Retrieved 24 Oct 2012.

[4] Teh Chi-Chang, UMNO-nomics: The Dark Side of the Budget (Research for Social Advancement (REFSA), 2012), Pg 42.

[5] M’sia overly dependent on foreign workers.  Available at http://www.freemalaysiatoday.com/category/nation/2011/12/09/msia-overly-dependent-on-foreign-workers/ Retrieved 24 Oct 2012.

[6] The certified national apprenticeship scheme is mentioned in Pg 25 of Belanjawan Pakatan Rakyat 2013 (full document – http://dapmalaysia.org/repository/Belanjawan_2013_Pakatan_Rakyat.pdf ), but more in-depth explanation of the scheme can be found in Pg 36 of Pakatan Rakyat’s Shadow Budget 2012 (full document – http://www.pakatanrakyat.info/wp-content/uploads/2011/10/Pakatan-Rakyat-Shadow-Budget-2012_Final-Version-Oct-5-10.12am-1.pdf )

[Stock images and vectors credited with thanks to sxc.hu, Creative Commons, clker.com, all-silhouettes.com and freevectorsdaily.com]

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