Policy Prescriptions for Malaysia's Economic Scarring
Tricia Yeoh, CEO, Institute for Democracy and Economic Affairs (IDEAS)
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The movement control orders imposed during two years of the pandemic have had a significant impact on the Malaysian economy, with GDP contracting by 5.6% in 2020 and unemployment hitting a high of 5.3%. As we head into the endemic phase, has Malaysia's policy response been sufficient to minimize economic scarring? We discuss the economic reforms needed with Tricia Yeoh of IDEAS. Image credit: Shutterstock.com
Produced by: Sim Wie Boon
Presented by: Shazana Mokhtar, Tan Chen Li, Wong Shou Ning
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Categories: social issues, health policy, healthy living, diseases and conditions, SME
Tags: economic scarring, covid-19, lockdown, mco, economy, economic impact, malaysian economy, malaysia gdp, unemployment, economic policy, ideas,