Malaysia-Africa Knowledge Exchange Seminar Kuala Lumpur, Malaysia

Size: px
Start display at page:

Download "Malaysia-Africa Knowledge Exchange Seminar Kuala Lumpur, Malaysia"

Transcription

1 Malaysia-Africa Knowledge Exchange Seminar Kuala Lumpur, Malaysia 1 Key Principles of Planning and Financial Management for Growth and Poverty Reduction Malaysia s s Experience Presentation by Datuk Dr. Awang Adek Hussin Deputy Minister of Finance II Ministry of Finance, Malaysia 211 September 2006

2 Briefing Outline 2 Background Development Planning - Major Policies and Strategies Macroeconomic Performance Poverty Eradication Strategies Restructuring of Society Financial Management and Budget Moving Forward Conclusion

3 3 The Guiding Parameters DEVELOPMENT PLANNING Small Open Economy Mixed Economic System Multi Racial Society Majority/ Minority Nexus A Federation

4 4 Malaysia: An Open Economy Trade 230% of GNP FDI about 34% of total private investment High foreign presence in banking and insurance A quarter of stock market foreign-owned No restriction on capital flows Labor force - 15% foreign workers

5 PLANNING HORIZON & MACHINERY Planning Horizon LONG TERM PLANNING Vision 2020, First Outline Perspective Plan (OPP1), Second Outline Perspective Plan (OPP2), Third Outline Perspective Plan (OPP3), National Mission, MEDIUM TERM PLANNING Five-year development plans, such as the Ninth Malaysia Plan ( ) Mid-Term Review (MTR) of the five-year Plans SHORT TERM PLANNING Annual Budget (Ministry of Finance) 5

6 Other National Plans Outline Perspective Plan (3 (3 rd rd )) Five-Year Malaysia Plan (9 (9 th th )) Industrial Master Plan (3 (3 rd rd ) ) Small & Medium Ind s Dev. Plan National Agriculture Policy (3 (3 rd rd )) Financial Sector Master Plan Capital Market Master Plan Nat. Nat. Science & Tech. Policy (2 (2 nd nd )) K-Economy Master Plan National Integrity Plan Sustainable long-term growth and competitiveness Ensure balanced and equitable wealth Create employment, manage inflation and enhance quality of life Promote ethical values and governance to enhance integrity Help future macroeconomic management by reducing risks 6 Foundation for Growth and National Unity Towards Achieving Vision 2020

7 Major Economic Policies OPP2 ( ) OPP3 ( ) THE NATIONAL MISSION National Vision Policy (NVP) National Development Policy (NDP) Vision 2020 Total Development Enhancing Nation s Capability ~ competitiveness, unity, distribution & quality of life Building a Resilient & Competitive Nation: To raise quality of development & generate high sustainable growth Balanced Development : To establish a more united & just society 7 OPP1 ( ) Postindependence New Economic Policy (NEP) Growth with Equity : To eradicate poverty & restructure of society Laissez-faire / export-oriented Economic and rural development

8 Malaysia s s Growth Experience 8 Decade/Year 1960s 1970s e Real GDP Growth (%) Inflation (%) MINISTRY OF FINANCE

9 9 Economic Performance (% per annum) (%) (%) 2006 (%) GDP Private Consumption Public Consumption Private Investment Public Investment Exports Imports MINISTRY OF FINANCE

10 Structure of Production (% share to GDP) % 80% 60% 40% % % Services Construction Manufacturing Mining Agriculture MINISTRY OF FINANCE

11 % Current Account of the Balance of Payments and Overall Balance of the Federal Government Account Current Account of BOP Overall Balance of Fed. Govt. (% of GDP) % '01 '03 '05 '

12 Foreign Direct Investment (FDI) Year Direct Investment (Net FDI) (RM million) % Share of Private Investment ,585 18,358 17,788 10,647 14,802 14,393 2,105 12,173 9,398 17,572 15,

13 % Employment by Sector Agriculture Mining Manufacturing Construction Services MINISTRY OF FINANCE

14 ,495 1,495 2,783 2,783 2,688 2,688 4,460 4, ,167 2, ,201 49,201 1,730 1, Engineers Engineers 109, ,352 10,659 10,659 1,011 1,011 Total Total 1,339 1,339 4,290 4,290 11,750 11,750 15,574 15,574 2,608 2,608 3,001 3,001 21,589 21, Veterinary Veterinary Doctors Doctors 1,309 1, Surveyors Surveyors 1,731 1, Lawyers Lawyers 1,422 1, Accountants Accountants Architects Architects Dentists Dentists ,212 3, Doctors Doctors Number of Professionals

15 15 WOMEN IN LABOUR FORCE AND EMPLOYMENT In 2005, women accounted for 48% of the working age population of years The female labour force participation rate increased from 44.7% in 2000 to 45.7% in 2005 The number of women employed increased from 3.3 milion in 2000 to 3.9 milion in 2005 Its share to total employment increased from 35.6% to 36.7% during the same period Women were mainly involved in the manufacturing, wholesale and retail trade as well as the agricultural sectors

16 16 Registered Professionals by Profession and Sex 2005 Female Male Dentist Lawyers Accountants Medical Doctors Profession Veterinary Surgeons Quantity Surveyors Architects Professional Architects Graduate Engineers Professional Engineers Land Surveyors Per cent

17 17 Poverty Eradication... MINISTRY OF FINANCE

18 Major Success to Eradicate Poverty (% total households) Total Rural Urban Hard-core poor Note : Poverty Line Income (PLI) revised methodolody for 2004 was RM661 per month in Peninsular Malaysia (household size 4.4); RM888 in Sabah (household size 5.2); & RM765 in Sarawak (household size 4.6). Hardcore poverty is estimated using half of PLI.

19 POVERTY ERADICATION The Development Programme For The Hardcore Poor (PPRT) Launched in 1989 Involves registration of hardcore poverty group in every district Incidence of hardcore poverty: 0.7% (2004) Four types of projects: - income generation - basic amenities/facilities - human development / values - welfare assistance 19

20 NGO AND PRIVATE SECTOR CONTRIBUTIONS 20 AIM: Project Ikhtiar (Endeavor Project) NGOs based on Grameen Bank concept loans for small business (RM1,000-RM10,000) beneficiaries are those earning < 2/3 PLI no collateral repayment almost 98% (>80,000 participants) small business loans industrial training & job opportunities educational support for children improved housing

21 21 Restructuiring of Society... MINISTRY OF FINANCE

22 Restructuring of Society DISTRIBUTION AGENDA Creation of Permodalan Nasional Berhad (PNB) in 1978, to promote Bumiputera share ownership in the corporate sector & develop opportunities for suitable Bumiputera professionals to participate in the creation & management of wealth Through PNB, substantial shares acquired in major Malaysian corporations from funds provided by the Bumiputra Investment Foundation were transferred to a trust fund & sold to the Bumiputera in the form of smaller units PNB will ensure that these shares are retained ~ cultivate widespread savings habits and development of entrepreneurship & investment skills of Bumiputera Total fund managed ~ more than RM46 billion with a diversified portfolio of interests that include unit trusts, institution property trust, property & asset management

23 Restructuring of Society 23 DISTRIBUTION AGENDA Creation of national equity company, the PNB, to promote Bumiputera share ownership in the corporate sector & develop opportunities for suitable Bumiputera professionals to participate in the creation & management of wealth Promoting Bumiputera ventures in the manufacturing & services sectors Provide an enabling environment through incentives & financing to acquire appropriate technology and management expertise Increasing Bumiputera ownership through privatization Enhancing the role of Bumiputera institutions by: Review and streamline functions of trust agencies Development of potential resources such as Malay Reserve Land, Baitulmal and Wakaf asset

24 THE STRATEGIES TO CREATE BIGGER AND PROSPEROUS MIDDLE INCOME GROUP Increase the income of the lower class group Utilisation of resources will significantly influence productivity and income earning capacities in the modern economic activities. Modernisation and commercialisation of agricultural activities. Intensification of the employment restructuring programmes to create a greater number of successful entrepreneurs. Increasing ownership and wealth among Bumiputera community Enhancing education and training as well as providing more opportunities for Bumiputera to competitively gain employment in higher paying occupation. 24

25 25 PECENTAGE SHARE OF HOUSEHOLDS BY INCOME GROUP Income Group Low (RM1,500 and below) Middle (RM1,500 - RM3,499) High (RM3,500 and above)

26 26 Financial Management and Budget... MINISTRY OF FINANCE

27 Thrusts of Financial Management 27 Budget is used as an instrument to achieve growth, distribution and poverty reduction goals. Malaysia has always ensured that revenue is more than sufficient to cover operating expenditure. Borrowings are generally for development purposes and overall deficit kept below 6% of GDP. Fiscal sustainability - Sustainable deficit Fiscal prudence - Efficiency of budget allocation, periodic review, MBS. - Effectiveness in programs, projects and sector thrusts

28 Federal Government Financial Position (RM billion) Rev Budget Revenue Operating Exp Current Balance Development Exp Loan Recoveries Overall Balance % of GDP

29 3MP '76-'80 4MP '80-'85 5MP '86-'90 6MP '91-'95 7MP '96-'00 2MP '71-' MP '01-' Development Expenditure Gives Priority To Economic And Social Sectors (% to Total) Economic Agriculture Industry Infrastructure Utilities Social Education Health Housing Security Administration TOTAL RM billion Sector 9MP '

30 2007 Budget: Federal Development Expenditure Security 15.3% (Sectoral allocation, %) General Administration 5.9% 30 Development Budget 2007: RM44.51 billion Social 31.9% Economic 46.8% Of which: Of which: Education 17.8% (RM7.9 b) Health 3.7% (RM1.6 b) Housing 4.8% (RM2.2 b) Transport 16.4% (RM7.3 b) Agriculture 9.3% (RM4.2 b) Communication 0.4% Trade & 3.7% Industry (RM5.1 b)

31 2007 Budget Highlights 31 Reduction of Corporate Income Tax by 2 percentage points to 27% for the year assessment 2007 and 26% in 2008 Income tax exemption for 10 years on income of a venture capital company that invest at least 50% of its investment funds in seed capital Royal Malaysian Custom and Inland Revenue Board to issue advance tax rulings to ensure certainty of tax treatment and transparency in tax administration Greater incentives and allocation to promote new sources of growth, including biotechnology, biodiesel, ICT, R&D and halal industry Enhancing public service delivery system, including simplifying immigration procedures and improving the quality of public transport

32 2007 Budget Highlights 32 Examination fees for UPSR, PMR, SPM and STPM abolished. Increase monthly school allowance to students from poor families in Government primary school (from RM30 to RM50) and secondary (from RM50 to RM70) Tax relief on book purchase increased to RM1,000 per year. Computer purchase rebate increased to RM3,000 once in three years. Students scoring 10 A1 in SPM or equivalent from poor families to get college scholarships. One month bonus for civil servants. Those earning up to RM750, two months bonus (minimumrm1,500).)

33 33 Moving Forward... MINISTRY OF FINANCE

34 34 Globalization & uncertain external environment Stiff competition in export markets & FDI Private sector led-growth Issues and Challenges Strengthen new sources of growth Delivery system & competitiveness Human capital development and R&D capabilities

35 35 Downside Risks High crude oil prices Rising inflationary pressures Higher interest rates Slowing world growth and trade Stiff competition for FDI Geopolitical tension

36 IMD World Competitiveness United States 1 (1) Hong Kong 2 (2) Singapore 3 (3) Iceland 4 (4) Denmark 5 (7) Japan 17 (21) Taiwan 18 (11) China 19 (31) New Zealand 22 (16) Chile 24 (19) India 29 (39) Thailand 32 (27) South Korea 38 (29) Malaysia 23 (28) Philippines 49 (49) Indonesia 60 (59)

37 Strategies to Meet the Challenges 37 In this regard, Malaysia has to carve out a niche for itself, taking into account its economic strengths and effectively link up with other economies in the global supply chain. Among the strategies taken are: Venturing into New Sources of Growth Enhancing Competitiveness Promoting Private Investment Increasing Supply of Human Resource Accelerating Transformation to High Technology and Knowledge-based Economy Enhancing International Cooperation for Prosperity

38 GDP, real prices (%) Overall Economic Performance ( ) 2007) Current prices (RM billion) (USD billion) GNP, current prices ((RM billion) Per Capita (RM) (USD) Purchasing power parity (USD) Inflation (%) Unemployment rate (% labor force) Federal overall deficit (% GDP) Fed Govt. debt (% GDP) International reserves (USD billion) (months of retained imports) 1 January July As at end- August ,039 4,763 10, ,739 5,353 11, ,168 5,740 12,

39 Conclusion We should ensure that the policies and strategies are always forward-looking to adapt to the changing environment and benefit from new opportunities that arise. Government policies to benefit all levels of society through more efficient delivery system. Empowering society through utilization of latest innovation and technology as well as providing opportunities for education and training. Education and training is crucial in the creation of knowledge manpower to support the new industries and economic activities and to develop an information-rich society, which is progressive, united and creative as well as possesses other positive values to make Malaysia a developed nation by the year

40 40 THANK YOU

IJMS 18 (2), 101 120 (2011) THE ECONOMIC IMPACT OF THE ECONOMIC TRANSFORMATION PLAN (ETP) ON MALAYSIAN ECONOMY BY THE YEAR 2020: AN INPUT-OUTPUT ANALYSIS AHMAD FAUZI PUASA ZAKARIAH ABDUL RASHID RAJA ZARINA

More information

Emerging Global Challenges and implications for Indonesia

Emerging Global Challenges and implications for Indonesia Emerging Global Challenges and implications for Indonesia Muhammad Chatib Basri Harvard Kennedy School and University of Indonesia Short term problems: macroeconomic stability 2 The macroeconomic impact

More information

ASEAN Charter ASEAN Community Vision 2025 ASCC Blueprint

ASEAN Charter ASEAN Community Vision 2025 ASCC Blueprint Tripartite Seminar for Enhancing Strengthening Social Protection in an Integrated ASEAN Community 25-26 November 2015, Jakarta Mega Irena Head, Social Welfare, Women, Labour & Migrant Workers Division,

More information

Key Features of The Budget 2011 MALAYSIA A Business Perspective Prepared By Chew Por Yan, Angeline Managing Partner ACT Partners Date 18 October 2010

Key Features of The Budget 2011 MALAYSIA A Business Perspective Prepared By Chew Por Yan, Angeline Managing Partner ACT Partners Date 18 October 2010 Title Key Features of The Budget 2011 MALAYSIA A Business Perspective Prepared By Chew Por Yan, Angeline Managing Partner ACT Partners Date 18 October 2010 The Prime Minister cum Finance Minister of Malaysia,

More information

Shankaran Nambiar. Senior Research Fellow. Malaysian Institute of Economic Research. Malaysian Institute of Economic Research

Shankaran Nambiar. Senior Research Fellow. Malaysian Institute of Economic Research. Malaysian Institute of Economic Research Shankaran Nambiar Senior Research Fellow Outline Introduction ASEAN Economic Community (AEC) ASEAN as a Single Market & Production Base Trade Agreement and ASEAN Malaysia as ASEAN s Investment Hub Introduction

More information

Malaysia Economic Monitor The Quest for Productivity Growth

Malaysia Economic Monitor The Quest for Productivity Growth Malaysia Economic Monitor The Quest for Productivity Growth 1 Contents RECENT ECONOMIC DEVELOPMENTS AND OUTLOOK External environment Domestic economic developments Outlook THE QUEST FOR PRODUCTIVITY GROWTH

More information

Malaysia s Response to the Global Economic Crisis and the Way Forward 12 February 2009 (Thursday)

Malaysia s Response to the Global Economic Crisis and the Way Forward 12 February 2009 (Thursday) Malaysia s Response to the Global Economic Crisis and the Way Forward 12 February 2009 (Thursday) GROSS DOMESTIC PRODUCT GROWTH (1971 2009) 15 (%) Oil crisis National Development Policy OPP 2 ( 7. 0 %)

More information

Can Malaysia Create Better Returns for Global Investors? Dato Richard Azlan Abas Chief Executive Officer MALAYSIAN DIRECTORS ACADEMY (MINDA)

Can Malaysia Create Better Returns for Global Investors? Dato Richard Azlan Abas Chief Executive Officer MALAYSIAN DIRECTORS ACADEMY (MINDA) Can Malaysia Create Better Returns for Global Investors? Dato Richard Azlan Abas Chief Executive Officer MALAYSIAN DIRECTORS ACADEMY (MINDA) Can Malaysia Create Better Returns for Global Investors? Malaysia

More information

Investment Trend and Economic Situation in Myanmar

Investment Trend and Economic Situation in Myanmar Investment Trend and Economic Situation in Myanmar Dr. Marlar Myo Nyunt Director Directorate of Investment and Company Administration Myanmar Economic Policies Expanding our financial resources Improving

More information

Singapore. Key Indicators for Asia and the Pacific Item

Singapore. Key Indicators for Asia and the Pacific Item Key Indicators for Asia and the Pacific 2012 1 POPULATION Total population a million; as of 1 July 3.52 4.03 4.27 4.59 4.84 4.99 5.08 5.18 Population density persons per square kilometer 5443 5900 6112

More information

Economy Report - Malaysia

Economy Report - Malaysia Economy Report - Malaysia (Extracted from 2001 Economic Outlook) REAL GROSS DOMESTIC PRODUCT Economic activity in Malaysia expanded strongly in 2000 under the stimulus of strong export growth as well as

More information

Irish Economy and Growth Legal Framework for Growth and Jobs High Level Workshop, Sofia

Irish Economy and Growth Legal Framework for Growth and Jobs High Level Workshop, Sofia Irish Economy and Growth Legal Framework for Growth and Jobs High Level Workshop, Sofia Diarmaid Smyth, Central Bank of Ireland 18 June 2015 Agenda 1 Background to Irish economic performance 2 Economic

More information

The Coalition s Policy for Trade

The Coalition s Policy for Trade 1 The Coalition s Policy for Trade September 2013 2 Key Points As one of the world s leading trading nations, Australia depends on open and transparent international markets for jobs and economic growth.

More information

D R L I M C H E E H A N M R T I M N I K L A S S C H O E P P M S O N G WO O I L E N G ECONOMIC S T U D I E S

D R L I M C H E E H A N M R T I M N I K L A S S C H O E P P M S O N G WO O I L E N G ECONOMIC S T U D I E S THE 2016 BUDGET AND ECONOMIC OUTLOOK 28 NOV 2015 D R L I M C H E E H A N M R T I M N I K L A S S C H O E P P M S O N G WO O I L E N G ECONOMIC S T U D I E S Contents 1. General Information / Highlights

More information

Fiscal policy for inclusive growth in Asia

Fiscal policy for inclusive growth in Asia Fiscal policy for inclusive growth in Asia Dr. Donghyun Park, Principal Economist Economics and Research Department, Asian Development Bank PRI-IMF-ADBI Tokyo Fiscal Forum on Fiscal Policy toward Long-Term

More information

Near-term growth: moderating, but no imminent hard landing. Vulnerabilities are growing along the current growth path

Near-term growth: moderating, but no imminent hard landing. Vulnerabilities are growing along the current growth path 1 Near-term growth: moderating, but no imminent hard landing Vulnerabilities are growing along the current growth path financial and structural reform must be accelerated to contain risks and transition

More information

The Global Economy and Viet Nam: Current Situation and Perspectives

The Global Economy and Viet Nam: Current Situation and Perspectives 2017/SOM1/EC/006 Agenda Item: 7c The Global Economy and Viet Nam: Current Situation and Perspectives Purpose: Information Submitted by: Central Institute for Economic Management First Economic Committee

More information

A world in transition: PwC s 2017 APEC CEO Survey, November APEC CEO Survey. Australia s findings.

A world in transition: PwC s 2017 APEC CEO Survey, November APEC CEO Survey. Australia s findings. A world in transition: PwC s 2017 APEC CEO Survey, November 2017 2017 APEC CEO Survey Australia s findings www.pwc.com/apec Key themes Making of the workforce of the future An operating model for a fluid

More information

Poverty and Income Distribution

Poverty and Income Distribution MPU 3212- Malaysian Economy Week # 9 Poverty and Income Distribution Professor Dr. Ahmad Bin Othman School of Business and Management University College of Technology Sarawak Sibu, Sarawak, MALAYSIA ahmadbo@ucts.edu.my

More information

Growth, Distribution and the NEP in Malaysia

Growth, Distribution and the NEP in Malaysia Growth, Distribution and the NEP in Malaysia Jomo Kwame Sundaram Malaysia Forum, 4 April 2010, Columbia University Malaysian Development 5 phases: 1957-1969: laissez faire, import substitution, rural development,

More information

New Zealand s Economic & Fiscal Outlook, Treasury s Long-Term Fiscal Statement, and Treasury s Living Standards Framework October 2013.

New Zealand s Economic & Fiscal Outlook, Treasury s Long-Term Fiscal Statement, and Treasury s Living Standards Framework October 2013. New Zealand s Economic & Fiscal Outlook, Treasury s Long-Term Fiscal Statement, and Treasury s Living Standards Framework October 2013 Short-Term (next five years) Economic and Fiscal Outlook Five Key

More information

GENDER, EDUCATION AND LABOUR MARKET IN INDONESIA: SOME ISSUES AND CHALLENGES

GENDER, EDUCATION AND LABOUR MARKET IN INDONESIA: SOME ISSUES AND CHALLENGES GENDER, EDUCATION AND LABOUR MARKET IN INDONESIA: SOME ISSUES AND CHALLENGES Raden Muhammad Purnagunawan CEDS - Padjadjaran University Universitas Padjararan 15 Agustus 2018 Outline Introduction Structure

More information

State. Sector 1 Security

State. Sector 1 Security N o Dimension Federal Government State Government Local Government Public Enterprise Business Sector 1 Security 8 7 6 6 4 2 Pay 5 5 5 6 7 3 Prestige 6 5 5 6 7 4 5 6 7 8 9 10 Job Characteristic Contribution

More information

Invest Malaysia Malaysia s Growth Dynamics. YB Senator Dato Sri Idris Jala Minister in the Prime Minister s Office and CEO of PEMANDU

Invest Malaysia Malaysia s Growth Dynamics. YB Senator Dato Sri Idris Jala Minister in the Prime Minister s Office and CEO of PEMANDU Invest Malaysia 2014 Malaysia s Growth Dynamics YB Senator Dato Sri Idris Jala Minister in the Prime Minister s Office and CEO of PEMANDU Three things that I want to share today: 1. Why are we transforming

More information

Sustainability in Asia?

Sustainability in Asia? Association for Sustainable & Responsible Investment In Asia Sustainable Finance in Asia: Challenges and Opportunities Tessa Tennant, Executive Chair 22 nd November 2004, Sao Paulo Sustainability in Asia?

More information

Potential Effects of Regional Comprehensive Economic Partnership (RCEP) on the Philippine Economy*

Potential Effects of Regional Comprehensive Economic Partnership (RCEP) on the Philippine Economy* Potential Effects of Regional Comprehensive Economic Partnership (RCEP) on the Philippine Economy* Caesar B. Cororaton Presented at the Philippine Institute for Development Studies Quezon City, Metro Manila

More information

Revenue Mobilization Measures and Current Tax Issues

Revenue Mobilization Measures and Current Tax Issues Revenue Mobilization Measures and Current Tax Issues By Khodijah Abdullah Ministry of Finance Malaysia IMF-Japan High Level Tax Conference for Asian and Pacific Countries 2 February 2012 1 Year Direct

More information

BBB3633 Malaysian Economics

BBB3633 Malaysian Economics BBB3633 Malaysian Economics Prepared by Dr Khairul Anuar L1: Economic Growth and Economic Policies www.lecturenotes638.wordpress.com Content 1. Introduction 2. Malaysian Business Cycles: 1972-2012 3. Structural

More information

Restructuring of Malaysia s economy Post-GE14 International Factors and Perspectives Impacting Malaysia s 2019 Economic Outlook

Restructuring of Malaysia s economy Post-GE14 International Factors and Perspectives Impacting Malaysia s 2019 Economic Outlook Restructuring of Malaysia s economy Post-GE14 International Factors and Perspectives Impacting Malaysia s 2019 Economic Outlook Yeah Kim Leng Professor of Economics Sunway University Business School 24

More information

BY CHARGE D AFFAIRES KENYA HIGH COMMISSION KUALA LUMPUR MS. DORCAS RUKUNGA

BY CHARGE D AFFAIRES KENYA HIGH COMMISSION KUALA LUMPUR MS. DORCAS RUKUNGA BY CHARGE D AFFAIRES KENYA HIGH COMMISSION KUALA LUMPUR MS. DORCAS RUKUNGA Total landmass of 329,845 km 2 Kuala Lumpur is the Capital city Putrajaya is administrative centre. Population 31.0 Million (2015)

More information

Special Report N0: Link between the financial inclusion and Economic Growth: Unconventional Monetary Policy in Bangladesh

Special Report N0: Link between the financial inclusion and Economic Growth: Unconventional Monetary Policy in Bangladesh Special Report N0: 1502 Link between the financial inclusion and Economic Growth: Unconventional Monetary Policy in Bangladesh By Dr. Sayera Younus, Deputy General Manager, Monetary Policy Department Bangladesh

More information

Saudi Arabia at a Glance

Saudi Arabia at a Glance Invest Saudi Table of Contents Saudi Arabia at a Glance Saudi Arabia Economy Why Invest in Saudi? Key Incentives Available for Investors Strategic Sectors & Opportunities Investments We Value the Most

More information

CBIA and the Metro Hartford Alliance Economic Summit & Outlook 2013 Recent Developments in the US Economy

CBIA and the Metro Hartford Alliance Economic Summit & Outlook 2013 Recent Developments in the US Economy CBIA and the Metro Hartford Alliance Economic Summit & Outlook 213 Recent Developments in the US Economy Christine Cumming, First Vice President January 4, 213 Disclaimer The views expressed are the presenter

More information

OFFICE OF THE COORDINATING MINISTER FOR ECONOMIC AFFAIRS OF THE REPUBLIC OF INDONESIA

OFFICE OF THE COORDINATING MINISTER FOR ECONOMIC AFFAIRS OF THE REPUBLIC OF INDONESIA OFFICE OF THE COORDINATING MINISTER FOR ECONOMIC AFFAIRS OF THE REPUBLIC OF INDONESIA PRESS RELEASE The Draft 2007 : Building Hope for a Brighter Future Jakarta, 16 August 2006 The Draft 2007 represents

More information

Inclusive Growth in Korea

Inclusive Growth in Korea Inclusive Growth in Korea OECD-WB Conference on Challenges and policies for promoting inclusive growth 24-25 March 2011, Paris Kyung Wook HUR Korean Ambassador to the OECD Why Inclusive Growth is Important

More information

MALAYSIA Summary Exports grew by 6% in 2002 A broad based recovery gained momentum in 2002.

MALAYSIA Summary Exports grew by 6% in 2002 A broad based recovery gained momentum in 2002. MALAYSIA Summary A broad-based economic recovery gained momentum in 2002, despite a more challenging external environment. Macroeconomic fundamentals have continued to strengthen. Financial and corporate

More information

World Economic Trend, Autumn 2004, No. 6

World Economic Trend, Autumn 2004, No. 6 World Economic Trend, Autumn 24, No. 6 Published on November 5 by the Cabinet Office (summary) The autumn report focuses on three topics: an analysis of Cluster ; long range prospects for the world economy;

More information

Introduction. Mr. President,

Introduction. Mr. President, Statement on behalf of the Members of the Association of Southeast Asian Nations (ASEAN) Delivered by Mr. Kiengkhammanh Khottavong, Economic and Commercial Counsellor of the Permanent Mission of the Lao

More information

BRIEFING ON The TRANS-PACIFIC PARTNERSHIP AGREEMENT (TPPA)

BRIEFING ON The TRANS-PACIFIC PARTNERSHIP AGREEMENT (TPPA) BRIEFING ON The TRANS-PACIFIC PARTNERSHIP AGREEMENT (TPPA) BY SYAHRIL SYAZLI GHAZALI Strategic Negotiation Division MITI 21 January 2016 1 BRIEF BACKGROUND 2005 (P4) - Brunei, Chile, Singapore & New Zealand.

More information

BBB3633 Malaysian Economics

BBB3633 Malaysian Economics BBB3633 Malaysian Economics Prepared by Dr Khairul Anuar L1: Economic Growth and Economic Policies www.notes638.wordpress.com Assessment Two assignments Assignment 1 -individual 30% Assignment 2 group

More information

Aask Advisory Services Pte. Ltd.

Aask Advisory Services Pte. Ltd. Aask Advisory Services Pte. Ltd. Corporate Governance, Risk management, Increased shareholder Value Africa is our business 28 September 2016 Southeast Asia's diverse economies 10 nations with populations

More information

Charting Brunei s Economy

Charting Brunei s Economy Charting Brunei s Economy Designed to help executives catch up with the economy and incorporate macro impacts into company s planning. Annual subscription includes 2 semiannual issues published in June

More information

Charting Myanmar s Economy

Charting Myanmar s Economy Charting Myanmar s Economy Designed to help executives catch up with the economy and incorporate macro impacts into company s planning. Annual subscription includes 2 semiannual issues published in June

More information

Retrospect and Prospects. Secretary Ministry of Planning and Development Government of Pakistan

Retrospect and Prospects. Secretary Ministry of Planning and Development Government of Pakistan 1 st ADB-Asia Pacific Think Tank Forum Beijing, 30-31 October, 2013 Inclusive Growth in Asia: Pakistan s s Experience Retrospect and Prospects Secretary Ministry of Planning and Development Government

More information

Item

Item Key Indicators for Asia and the Pacific 2010 POPULATION Total population a million; as of 1 July 8.6 8.8 9.0 9.5 10.0 10.5 11.0 11.6 12.1 12.3 12.5 12.7 12.9 13.1 13.3 13.5 13.6 13.8 14.0 14.2 Population

More information

Live Long and Prosper: Ageing in East Asia and Pacific

Live Long and Prosper: Ageing in East Asia and Pacific Live Long and Prosper: Ageing in East Asia and Pacific World Bank East Asia and Pacific regional flagship report Kuala Lumpur, September 2016 Presentation outline Key messages of the report Some basic

More information

The Malaysian Economy. in Figures. Economic Planning Unit, Prime Minister's Department

The Malaysian Economy. in Figures. Economic Planning Unit, Prime Minister's Department The Malaysian Economy 2016 in Figures Economic Planning Unit, Prime Minister's Department The Malaysian Economy in Figures 2016 Prepared by Economic Planning Unit, Prime Minister's Department Phone :

More information

Conference for Competitiveness: Driving Innovation for Competitiveness Malaysia Productivity Council

Conference for Competitiveness: Driving Innovation for Competitiveness Malaysia Productivity Council Conference for Competitiveness: Driving Innovation for Competitiveness Malaysia Productivity Council Driving Towards High Income Economy Dato Dr Mahani Zainal Abidin Institute of Strategic and International

More information

FINANCE TO ENSURE ASIA S ECONOMIC GROWTH DR. RANEE JAYAMAHA CHAIRPERSON - HATTON NATIONAL BANK PLC

FINANCE TO ENSURE ASIA S ECONOMIC GROWTH DR. RANEE JAYAMAHA CHAIRPERSON - HATTON NATIONAL BANK PLC FINANCE TO ENSURE ASIA S ECONOMIC GROWTH DR. RANEE JAYAMAHA CHAIRPERSON - HATTON NATIONAL BANK PLC TABLE 1 : REAL GDP GROWTH OF SOUTHEAST ASIA, CHINA AND INDIA (ANNUAL PERCENTAGE CHANGE) PROJECTIONS ASEAN-6

More information

Medium Term Macroeconomic Framework, Fiscal Strategy and Debt Management Strategy - continued

Medium Term Macroeconomic Framework, Fiscal Strategy and Debt Management Strategy - continued MACROECONOMIC FRAMEWORK The Macroeconomic Framework has been formulated taking into account the objective of Government to usher in a new phase of high economic growth with shared prosperity and enhanced

More information

Latest Philippine and Regional Economic Performance, and Socioeconomic Priorities 2018 Onwards

Latest Philippine and Regional Economic Performance, and Socioeconomic Priorities 2018 Onwards Latest Philippine and Regional Economic Performance, and Socioeconomic Priorities 2018 Onwards Carlos Bernardo O. Abad Santos ASSISTANT SECRETARY 28 November 2018 PH economic growth in an upward trajectory

More information

Benefit and Privilege for Foreign Investment in Myanmar. Aung Naing Oo Director General Directorate of Investment and Company Administration

Benefit and Privilege for Foreign Investment in Myanmar. Aung Naing Oo Director General Directorate of Investment and Company Administration Benefit and Privilege for Foreign Investment in Myanmar Aung Naing Oo Director General Directorate of Investment and Company Administration Outline 1 Myanmar in Brief 2 3 4 Mode of Doing Business Investment

More information

TN50: National Development Vision and Strategies

TN50: National Development Vision and Strategies TN50: National Development Vision and Strategies National Conference on Economic Corridors: Challenges and Prospects TN50 Special Unit 29 January 2018 Continuity in Malaysia s long term developmental planning

More information

Why Corporate Governance is Important in APEC Economies

Why Corporate Governance is Important in APEC Economies 2008/SOM3/EC/WKSP/007 Agenda Item: 2 Why Corporate Governance is Important in APEC Economies Submitted by: Chile Workshop on Corporate Governance Lima, Peru 17 August 2008 Why Corporate Governance is Important

More information

UOB is rated among the world s top banks: Aa1 by Moody s and AA- by Standard and Poor s and Fitch Ratings respectively.

UOB is rated among the world s top banks: Aa1 by Moody s and AA- by Standard and Poor s and Fitch Ratings respectively. UOB, your partner in Asia United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 offices in 19 countries and territories in Asia Pacific, Western Europe and

More information

A world in transition: PwC s 2017 APEC CEO Survey, November APEC CEO Survey. The United States findings.

A world in transition: PwC s 2017 APEC CEO Survey, November APEC CEO Survey. The United States findings. A world in transition: PwC s 2017 APEC CEO Survey, November 2017 2017 APEC CEO Survey The United States findings www.pwc.com/apec Key themes Making of the workforce of the future An operating model for

More information

A world in transition: PwC s 2017 APEC CEO Survey, November APEC CEO Survey. The Philippines findings.

A world in transition: PwC s 2017 APEC CEO Survey, November APEC CEO Survey. The Philippines findings. A world in transition: PwC s 2017 APEC CEO Survey, November 2017 2017 APEC CEO Survey The Philippines findings www.pwc.com/apec Key themes Making of the workforce of the future An operating model for a

More information

A Rising Young Democracy FMG INDIA FUND

A Rising Young Democracy FMG INDIA FUND A Rising Young Democracy 2019 The Opportunity India is one of the largest and fastest growing emerging market economies It is forecast that India will become the world s most populous country by 2024 It

More information

Doing Business in Myanmar. Aung Naing Oo Director General Directorate of Investment and Company Administration

Doing Business in Myanmar. Aung Naing Oo Director General Directorate of Investment and Company Administration Doing Business in Myanmar Aung Naing Oo Director General Directorate of Investment and Company Administration Outline 1 2 2 3 4 5 6 7 8 9 Highlight of Myanmar Reforms Investment Laws Special Economic Zones

More information

A world in transition: PwC s 2017 APEC CEO Survey, November APEC CEO Survey. Malaysia s findings.

A world in transition: PwC s 2017 APEC CEO Survey, November APEC CEO Survey. Malaysia s findings. A world in transition: PwC s 2017 APEC CEO Survey, November 2017 2017 APEC CEO Survey Malaysia s findings www.pwc.com/apec Key themes Making of the workforce of the future An operating model for a fluid

More information

Item

Item Key Indicators for Asia and the Pacific 2015 1 POPULATION Total population million; as of 1 July 73.73 74.88 76.02 77.11 78.12 79.08 80.00 80.95 81.91 82.85 84.22 85.12 86.03 86.93 87.84 88.77 89.71 90.73

More information

UNCTAD S LDCs REPORT 2013 Growth with Employment for Inclusive & Sustainable Development

UNCTAD S LDCs REPORT 2013 Growth with Employment for Inclusive & Sustainable Development UNCTAD S LDCs REPORT 2013 Growth with Employment for Inclusive & Sustainable Development Media briefing on the Occasion of the Global Launch Dhaka: 20 November 2013 Outline q q q q q q q Information on

More information

METI Ministry of Economy, Trade and Industry

METI Ministry of Economy, Trade and Industry 1. Abenomics and the major achievements 1 Revitalize the Japanese Economy ~The Three Arrows~ 1. Bold monetary policy Price-stability target (2% inflation), within about two-year time frame. Double monetary

More information

KENYA'S VISION 2030: AN AUDIT FROM AN INCOME AND GENDER INEQUALITIES PERSPECTIVE. SID Society for International Development

KENYA'S VISION 2030: AN AUDIT FROM AN INCOME AND GENDER INEQUALITIES PERSPECTIVE. SID Society for International Development KENYA'S VISION 2030: AN AUDIT FROM AN INCOME AND GENDER INEQUALITIES PERSPECTIVE SID Society for International Development I Contents Section 1 List of Abbreviations and Acronyms x Executive Summary xiv

More information

COUNTRY PROFILE. Luxembourg

COUNTRY PROFILE. Luxembourg COUNTRY PROFILE Luxembourg Statistical tables Factor I: Economic Performance WORLD COMPETITIVENESS RANKING 0 All data are available from the World Competitiveness Online. Visit our eshop COMPETITIVENESS

More information

DISCLAIMER AND COPYWRITE

DISCLAIMER AND COPYWRITE DISCLAIMER AND COPYWRITE To the best of our knowledge, all information included here falls under the fair use or public domain guidelines of copyright laws. We strive for accuracy but cannot be held responsible

More information

Understanding the Global ASEAN Consumer

Understanding the Global ASEAN Consumer Understanding the Global ASEAN Consumer The Philippines Millennials Roberto B. Tan Treasurer of the Philippines February 2015 ASEAN Offers a Future of Prosperity and Stability Combined GDP of nearly USD3tr

More information

Stable Labor Market Promotes Wage Growth

Stable Labor Market Promotes Wage Growth 2 June 2017 ECONOMIC REVIEW 2016 Salaries & Wages Stable Labor Market Promotes Wage Growth Wage growth registered at 6.4% in 2016. Malaysia s median wage grew by 6.4% to RM1,703 last year. The wage growth

More information

GROWTH & INCOME INDEX 2014 UNIT TRUST FUND INVESTOR BEHAVIOUR STUDY MALAYSIA

GROWTH & INCOME INDEX 2014 UNIT TRUST FUND INVESTOR BEHAVIOUR STUDY MALAYSIA GROWTH & INCOME INDEX 204 UNIT TRUST FUND INVESTOR BEHAVIOUR STUDY MALAYSIA June 204 CONTENT Foreword By Eastspring Investments Executive Summary The Growth & Income Index Investors Current and Projected

More information

CBRE CAMBODIA SEA MARKET & VALUATION TRENDS 28 SEPTEMBER 2018

CBRE CAMBODIA SEA MARKET & VALUATION TRENDS 28 SEPTEMBER 2018 CAMBODIA & VALUATION TRENDS 28 SEPTEMBER 2018 BRIEF Emerging/developing markets are on the radar for a broader base of regional investors Positive demographic fundamentals, improving socio-economic status,

More information

1. Introduction Executive Summary Market Survey Evaluation of Product/Market Suitability SWOT Analysis...

1. Introduction Executive Summary Market Survey Evaluation of Product/Market Suitability SWOT Analysis... Date June 2014 1. Introduction... 2 2. Executive Summary... 2 3. Market Survey... 3 4. Evaluation of Product/Market Suitability... 5 5. SWOT Analysis... 6 The Trade Council is pleased to submit a brief

More information

Reflections on the Global Economic Outlook

Reflections on the Global Economic Outlook Reflections on the Global Economic Outlook A presentation to the ACI-ICA World Congress October 2018 Mahmoud Mohieldin Senior Vice President World Bank Group @wbg2030 worldbank.org/sdgs Global Megatrends

More information

Lab #7. Chapter 7 Growth, Productivity, and Wealth in the Long Run

Lab #7. Chapter 7 Growth, Productivity, and Wealth in the Long Run University of Lethbridge - Department of Economics ECON 1012 Introduction to Macroeconomics LAB Instructor: Michael G. Lanyi Lab #7 Chapter 7 Growth, Productivity, and Wealth in the Long Run Answer Sheet

More information

Our Expertise. IFC blends investment with advice and resource mobilization to help the private sector advance development.

Our Expertise. IFC blends investment with advice and resource mobilization to help the private sector advance development. Our Expertise IFC blends investment with advice and resource mobilization to help the private sector advance development. Where We Work As the largest global development institution focused on the private

More information

A. Definitions and sources of data

A. Definitions and sources of data Poland A. Definitions and sources of data Data on foreign direct investment (FDI) in Poland are reported by the National Bank of Poland (NBP), the Polish Agency for Foreign Investment (PAIZ) and the Central

More information

2017 APEC CEO Survey Key Findings

2017 APEC CEO Survey Key Findings A world in transition: PwC s 2017 APEC CEO Survey 2017 APEC CEO Survey Key Findings www.pwc.com/apec Key themes Making of the workforce of the future An operating model for a fluid trade policy environment

More information

From Stability to Prosperity for All

From Stability to Prosperity for All From Stability to Prosperity for All March 2012 PQU Press Presentation Rogier van den Brink, Lead Economist Karl Kendrick Chua, Country Economist Poverty Reduction and Economic Management (PREM) Unit World

More information

Cambodia Case on Ensuring inclusive and sustainable FDI in the Natural Resource

Cambodia Case on Ensuring inclusive and sustainable FDI in the Natural Resource Third Meeting of the Asia-Pacific Foreign Direct Investment (FDI) Network for Least Developed and Landlocked Developing Countries Cambodia Case on Ensuring inclusive and sustainable FDI in the Natural

More information

Your wealth, your family, your enduring legacy. AIA Platinum Legacy (VIII) grows and protects your wealth for the next generation.

Your wealth, your family, your enduring legacy. AIA Platinum Legacy (VIII) grows and protects your wealth for the next generation. WEALTH MANAGEMENT AIA PLATINUM LEGACY (VIII) (VIII) Your wealth, your family, your enduring legacy. AIA Platinum Legacy (VIII) grows and protects your wealth for the next generation. (VIII) aia.com.sg

More information

Putting China s Capital to Work The Value of Financial System Reform

Putting China s Capital to Work The Value of Financial System Reform McKinsey Global Institute Putting China s Capital to Work The Value of Financial System Reform Susan Lund, Senior Fellow McKinsey Global Institute October 25, 2006 KEY MESSAGES China has made steady advances

More information

Aung Naing Oo Director General Directorate of Investment and Company Administration

Aung Naing Oo Director General Directorate of Investment and Company Administration Aung Naing Oo Director General Directorate of Investment and Company Administration Outlines Policies Reforms Outcomes Recent Trends of Investment Update 2 3 Look East Engage East 4 The Role of New Ministry

More information

Coping with Population Aging In China

Coping with Population Aging In China Coping with Population Aging In China Copyright 2009, The Conference Board Judith Banister Director of Global Demographics The Conference Board Highlights Causes of Population Aging in China Key Demographic

More information

GLOBAL MOBILITY TRENDS IN ASIA

GLOBAL MOBILITY TRENDS IN ASIA HEALTH WEALTH CAREER GLOBAL MOBILITY TRENDS IN ASIA Mario Ferraro Global Mobility Practice Leader Asia, Middle East, Africa & Turkey Mercer March 2017 INTRODUCTION Mario Ferraro Regional Practice Leader,

More information

Doing Business: Getting Credit and APEC

Doing Business: Getting Credit and APEC 2010/SOM3/EC/SEM/003 Session 1 Doing Business: Getting Credit and APEC Submitted by: World Bank Seminar on Getting Credit for Small and Medium Enterprises Sendai, Japan 21 September 2010 Doing Business:

More information

Outline. Laos in Brief. Battery of Asia and Land-Linked. Investment Support in Lao for investors

Outline. Laos in Brief. Battery of Asia and Land-Linked. Investment Support in Lao for investors Outline Laos in Brief Battery of Asia and Land-Linked Benefit to business sectors Foreign investment support Investment Support in Lao for investors Laos in Brief Laos Population 6,8 million (2015) Text

More information

The AEC and Taiwan-Indonesia Economic Partnership: A Taiwan Business perspective

The AEC and Taiwan-Indonesia Economic Partnership: A Taiwan Business perspective The AEC and Taiwan-Indonesia Economic Partnership: A Taiwan Business perspective Apr- 29-2015 Kristy Hsu Program Director, Taiwan ASEAN Studies Center, Chung Hua Institution for Economic Research April

More information

Charting Mexico s Economy

Charting Mexico s Economy Charting Mexico s Economy Designed to help executives catch up with the economy and incorporate macro impacts into company s planning. Annual subscription includes 2 semiannual issues published in June

More information

Youth Unemployment Rate Remains High as Skills Mismatch Stay Prevalent

Youth Unemployment Rate Remains High as Skills Mismatch Stay Prevalent 3 May 2018 ECONOMIC REVIEW 2017 Labour Market Youth Unemployment Rate Remains High as Skills Mismatch Stay Prevalent Youth unemployment rate stays high amid skills mismatch. Based on the latest labour

More information

ASNB DECLARES INCOME DISTRIBUTION FOR AMANAH SAHAM BUMIPUTERA

ASNB DECLARES INCOME DISTRIBUTION FOR AMANAH SAHAM BUMIPUTERA PRESS RELEASE ASNB DECLARES INCOME DISTRIBUTION FOR AMANAH SAHAM BUMIPUTERA For Immediate Release 21 December 2018 Permodalan Nasional Berhad s (PNB) wholly owned unit trust management company, Amanah

More information

2017 Asia and Pacific Regional Economic Outlook:

2017 Asia and Pacific Regional Economic Outlook: 217 Asia and Pacific Regional Economic Outlook: Preparing for Choppy Seas Ranil Salgado International Monetary Fund Asia and Pacific Department May 12, 217 OAP Seminar Key messages and roadmap The near-term

More information

Myanmar. Key Indicators for Asia and the Pacific Item

Myanmar. Key Indicators for Asia and the Pacific Item Key Indicators for Asia and the Pacific 2017 1 POPULATION a Total population million; as of 1 October 46.1 46.6 47.1 47.6 48.1 48.5 48.8 49.2 49.5 49.8 50.2 50.6 51.0 51.4 52.0 52.5 52.9 Population density

More information

A Low Growth Trap Amidst the Skills Challenge in South Africa. Professor Haroon Bhorat DPRU, UCT 29 September 2016

A Low Growth Trap Amidst the Skills Challenge in South Africa. Professor Haroon Bhorat DPRU, UCT 29 September 2016 A Low Growth Trap Amidst the Skills Challenge in South Africa Professor Haroon Bhorat DPRU, UCT 29 September 2016 Outline The South African Economy: The Genesis of An Emerging Market Growth Trap Economic

More information

2018 Malaysian Budget Highlights & GST Updates

2018 Malaysian Budget Highlights & GST Updates 2018 Malaysian Budget Highlights & GST Updates Moderator: Dr Veerinderjeet Singh Panel Speakers: Datuk Noor Azian Abdul Hamid Dato Sri Subromaniam Tholasy Mr. MA Sivanesan Mr Saravana Kumar Backdrop to

More information

Chinese enterprises respond to social challenges

Chinese enterprises respond to social challenges Chinese enterprises respond to social challenges Dr. Zhan SU Professor of Strategy and International Business Director of Stephen A. Jarislowsky Chair in International Business Director of GERAC (Research

More information

Pre-Budget Brief Singapore

Pre-Budget Brief Singapore Pre-Budget Brief 2019 Singapore Contents Economic indicators 1 Economic trends 2 Singapore tax rates a history 3 Co rporate tax Prevailing corporate income tax rates in selected jurisdictions 5 as at 1

More information

THESIS SUMMARY FOREIGN DIRECT INVESTMENT AND THEIR IMPACT ON EMERGING ECONOMIES

THESIS SUMMARY FOREIGN DIRECT INVESTMENT AND THEIR IMPACT ON EMERGING ECONOMIES THESIS SUMMARY FOREIGN DIRECT INVESTMENT AND THEIR IMPACT ON EMERGING ECONOMIES In the doctoral thesis entitled "Foreign direct investments and their impact on emerging economies" we analysed the developments

More information

Plenary 4. Capital Markets and Economic Development - New Avenues for the Financing of Small and Medium Enterprises (SMEs)

Plenary 4. Capital Markets and Economic Development - New Avenues for the Financing of Small and Medium Enterprises (SMEs) Plenary 4 Capital Markets and Economic Development - New Avenues for the Financing of Small and Medium Enterprises (SMEs) Mr. Andrew Sheng Chief Adviser, China Banking Regulatory Commission 12 April 2007

More information

2017 Global Trends in Investor Relations

2017 Global Trends in Investor Relations 0 2017 Global Trends in Investor Relations Primacy of Geopolitical Risk Geopolitical risk is still the number one concern for companies globally. Concern is increasing regarding the impact of emerging

More information

SUMMARY POVERTY IMPACT ASSESSMENT

SUMMARY POVERTY IMPACT ASSESSMENT SUMMARY POVERTY IMPACT ASSESSMENT 1. This Poverty Impact Assessment (PovIA) describes the transmissions in which financial sector development both positively and negatively impact poverty in Thailand.

More information

From the Irish Model to the Lisbon Strategy: The Greek Path to Competitiveness

From the Irish Model to the Lisbon Strategy: The Greek Path to Competitiveness From the Irish Model to the Lisbon Strategy: The Greek Path to Competitiveness Professor Helen Louri Athens University of Economics and Business Director, Prime Minister s Economic Office November 2005

More information