ECONOMY OF TOMORROW – REFSA

ECONOMY OF TOMORROW
TOPICS

The world beyond 2020 will see new disruptive trends that will change the patterns of economic distribution. Foremost amongst these trends is the importance of the knowledge and digital economy over other traditional sectors. This has wide-ranging ramifications on skills-in-demand, how we consume, and the future of work itself. The potential for uneven distribution of growth is compounded by the fact that global economic recovery since 2008 has primarily been concentrated in the hands of a select few, leaving many working people behind.

Focus Areas

Inequality
Jobs and Wages
Healthcare
Education
Regional Integration

Rethinking Malaysia’s Income Reclassification: Not B40, but B20

Malaysia urgently needs to reassess its classification of income groups to ensure policies are relevant and targeted appropriately. A B20, M60, T20 rather than a B40, M40, T20 classification reflects the population demographic and aspirations more accurately, thereby streamlining welfare expenditures without compromising the wellbeing of the worst-off in Malaysian society…

Economy of Tomorrow Roundtable offers suggestions to enhance youth job creation

The Economy of Tomorrow roundtable highlighted the important role of government policies in creating secure employment, improving job security and social protection for youth, as well as restructuring industries towards more productive, knowledge-intensive sectors…

Rakyat feeling the brunt of higher expenditures, despite Minister claiming income rising

You can’t eat GDP You can’t feed a family with GDP. You can’t live in a rising share market. You can’t give your kids a better life because your company’s C.E.O. was able to give himself a big raise…

Private Healthcare in Malaysia gains strength against public healthcare

The federal government’s share of investments in our healthcare sector has been lagging behind the private sector in 2012 when compared to 2001…

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