Since 1957, Malaysia's economic development has been an account of
growth, transformation, and of structural change. More than 75 per
cent of its gross domestic product (GDP) comes from the
manufacturing and services sectors. However, Malaysia is stuck in a
middle-income trap and is facing challenges on the economic and
political front. In June 2010, Prime Minister Najib Razak unveiled
the 10th Malaysian Plan (2011-15) to chart the development of
Malaysia from a middle- to high-income nation. This publication
represents a policy-oriented stocktake and evaluation by academics,
policy-makers, and business people on Malaysia's achievements,
present work-in-progress endeavours, and some of the future
challenges facing the nation in its pursuit to achieve a developed
high-income country status.
General
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