KUALA LUMPUR: Among the crucial factors for Malaysia to achieve the status of a developed country instead of merely a high-income nation by 2020 involve the structure of the economy and labour market, said an economist.
“What’s important is the structure of the economy and labour market, whether we are high-skilled labour, high productivity, or high wage country,” said former senior lecturer, Department of Development Studies, Universiti Malaya, Lee Hwok Aun.
