Category: Labour

This paper examines the relation of particular forms of social and labour market policy to economic development. Taking the history of Malaysian industrialization as its empirical case, the paper assesses the unintended consequences of redistribution policy, on the one hand, and migration policy, on the other, for the limited upgrading of the country’s electronics industry.… Continue reading Unintended Consequences: Social Policy, State Institutions and the ‘Stalling’ of the Malaysian Industrialization Project

The national income accounts provide a summary of all transactions in an economy. Seen from the income side, the production process creates incomes for the owners of the inputs used in production including labour and capital. Official data on the income accounts from the income approach are not available on an annual basis. The information… Continue reading Share of Labour and Capital in National Income of Malaysia: Estimates for 1960-2004