Services: Malaysia's Escape from the Middle-Income Trap?

In this episode of Enterprise Explores, we delve into the power of services in driving economic development, with Alessandro Barattieri, Senior Economist with the Office of the Chief Economist for East Asia and Pacific at the World Bank, to discuss the key findings of their "Services Unbound" report.

Discover how digital technologies and policy reforms are reshaping economies in East Asia and the Pacific, and how Malaysia can leverage its services sector to escape the middle-income trap. We explore the critical role of digital adoption, education reforms, and policy liberalisation in unlocking growth, emphasising the need for a skilled workforce and balanced approach to regulation.

Tune in to understand the importance of investing in human capital, promoting gender inclusivity, and fostering international cooperation to harness the full potential of services in the digital age.

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