Malaysia’s economy is seen to be in a ‘middleincome trap’. The country is no longer able to compete with neighboring countries in low-cost production and lack the skills for high-end tasks in global production networks
Malaysia’s economy isseen to be in a ‘middleincometrap’. The countryis no longer able tocompete with neighboringcountries in low-costproduction and lack theskills for high-end tasks inglobal production networks