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The role of human capital in Malaysia's economic development
Item Type: Conference or Workshop Item
Editor:
Year: 00/00/2014
Abstract: This paper examines the impact of human capital on economic development using Malaysia as an example. The evidence shows that Malaysia’s economic growth among the upper middle income countries has been driven considerably by resource exports. The country has not demonstrated strong human capital and innovation capabilities relative to countries classified among the upper middle income countries. The evidence suggests that efforts must be taken to raise the quality of human capital produced in the country and to attract more vigorously Malaysians carrying tacit knowledge to lead critical human capital producing organizations.
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