Malaysia Economic Monitor, November 2012 [electronic resource] : Unlocking Women's Potential.

By: World BankContributor(s): World BankMaterial type: TextTextSeries: Economic Updates and Modeling | World Bank e-LibraryPublication details: Washington, D.C. : The World Bank, 2012Subject(s): Agriculture | Benchmarking | Bonds | Capital Flows | Capital Markets | Central Banks | Commodity Prices | Corruption | Debt | Discrimination | Dutch Disease | Economic Forecasting | Economic Growth | Economic Opportunities | Expenditures | Family Responsibilities | Financial Crisis | Financial Institutions | Fiscal & Monetary Policy | Fiscal Policy | Foreign Direct Investment | Gdp | Gender | Gender and Economic Policy | Global Economy | Gross Domestic Product | Human Resources | Inflation | Interest Rates | Investment Climate | Labor Markets | Labor Policies | Macroeconomics | Macroeconomics and Economic Growth | Minimum Wage | Monetary Policy | Private Investment | Public-Private Partnerships | Recycling | Refugees | Savings | Slowdown | Social Protections and Labor | Sovereign Debt | Surplus | Total Factor Productivity | Uncertainty | Unemployment | Urban Areas | WagesOnline resources: Click here to access online Abstract: The Malaysian economy maintained a vigorous pace in the first nine months of 2012 despite external headwinds. Continuing a trend in the past two years, Malaysia's stronger-than-expected Gross Domestic Product, or GDP growth in the first nine months of 2012 was driven by rapid expansion of domestic demand while external demand (and export-oriented industries) stagnated due to continuing global uncertainty. Malaysia's low participation of women in labor markets is linked to a pattern whereby women do not return to work after marriage and childbearing. Education alone is not sufficient to close gender gaps as social norms and formal institutions continue to affect the choices of all women. In the long-term, norms need to evolve for gender gaps to be bridged; in the meantime measures can be put in place to help men and women balance responsibilities. Changing prevailing social norms takes time. In the medium-term, supportive measures at all stages of the life-cycle can be put in place, ranging from flexi-work arrangements and expanded childcare options, to incentives for more female participation in 'non-female' educational fields and job types. While current initiatives to leverage on women's talent are laudable, other policy options must be explored, evaluated, and tailored, to enable Malaysian women to fully contribute to Malaysia's transformation towards a high-income, inclusive and sustainable economy.
Tags from this library: No tags from this library for this title. Log in to add tags.
    Average rating: 0.0 (0 votes)
No physical items for this record

The Malaysian economy maintained a vigorous pace in the first nine months of 2012 despite external headwinds. Continuing a trend in the past two years, Malaysia's stronger-than-expected Gross Domestic Product, or GDP growth in the first nine months of 2012 was driven by rapid expansion of domestic demand while external demand (and export-oriented industries) stagnated due to continuing global uncertainty. Malaysia's low participation of women in labor markets is linked to a pattern whereby women do not return to work after marriage and childbearing. Education alone is not sufficient to close gender gaps as social norms and formal institutions continue to affect the choices of all women. In the long-term, norms need to evolve for gender gaps to be bridged; in the meantime measures can be put in place to help men and women balance responsibilities. Changing prevailing social norms takes time. In the medium-term, supportive measures at all stages of the life-cycle can be put in place, ranging from flexi-work arrangements and expanded childcare options, to incentives for more female participation in 'non-female' educational fields and job types. While current initiatives to leverage on women's talent are laudable, other policy options must be explored, evaluated, and tailored, to enable Malaysian women to fully contribute to Malaysia's transformation towards a high-income, inclusive and sustainable economy.

There are no comments on this title.

to post a comment.

Powered by Koha