World Bank economists Alyssa Farha Jasmin and Deisigan Shammugam discuss Malaysia’s 2030 high-income goal on this episode of Ngopi. They stress inclusive growth is vital, addressing stark regional income disparities, with areas like Kelantan far behind KL.
Challenges include graduate underemployment from limited high-skilled jobs. AI exposes nearly 30% of the workforce, demanding urgent adaptation and upskilling to avoid the “middle-income trap”.
Solutions emphasize lifelong learning and foundational skills for a resilient workforce. A robust social protection system for informal workers and government-led innovation are crucial for Malaysia’s inclusive economic future.
