What Explains Malaysia’s Long-Standing Low Wage Problem?

The big perennial problem in Malaysia is wages. A lot of Malaysians today feel they're working harder but not getting ahead—they're either experiencing stagnant incomes or finding themselves worse off than the generation before—because wages remain stubbornly low. Despite years of economic growth, many households continue to struggle with the rising cost of living, raising fundamental questions about whether the benefits of that growth are being shared fairly. So, what’s the deal with wages in Malaysia?In this episode, we unpack this topic with Dr Matthew Dornan, Senior Economist at the World Bank. The World Bank has recently produced a study called Raising the Ceiling, Raising the Floor: The Jobs Agenda as a Productivity Agenda for Malaysia. Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.