Malaysia: Labour Share Target Is Meaningless

Posted on by http://wealthcreation.club
🇲🇾 🇲🇾 Malaysia: Labour Share Target Is Meaningless: We were disappointed when the Malaysian government recently announced the target of 45% labour share of total income as the way to address the country’s chronic low-wage environment. The target — one of seven in the Madani Economy policy framework — may make for a good sound bite to the man in the street, but the 45% ratio in and of itself is meaningless
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