Labour, Human Capital and Economic Development in Sabah

Labour, Human Capital and Economic Development in Sabah PDF Author: Kasim Bin Mansor @ Md. Mansur
Publisher: Universiti Malaysia Sabah Press
ISBN: 9672166893
Category : Business & Economics
Languages : en
Pages : 96

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Book Description
This book highlights some contemporary issues related to Sabah’s economic growth, including socio-economic, labour and human capital. These issues are linked to relevant economic and growth theory approaches. Critical issues on the challenges in the development and the way forward to realise government policies such as the Sabah Development Corridor (SDC), the National Key Economic Area (NKEA) and the implementation of zakat to eradicate poverty will also be discussed. Economic development for Sabah is essential and is an ongoing effort to ensure that Sabah can compete in a gradually competitive economy. Implementing sound economic policies is vital in improving the social well-being and standard of living in the state. This book also explores socio- economic issues involving various ethnic groups in Sabah, especially improving human capital and infrastructure investment. The author identified that these elements are the key contributors and enablers to Sabah’s economic growth. Thus, economic growth and development are consistent agendas to ensure future generations can live comfortably in a conducive economic environment. Hence, this book re-emphasises the importance of knowledge workers in preparing the Industrial Revolution 4.0. The author also recommends that Sabah’s further economic development be attained through rigorous efforts from strong cooperation of state and federal government and firms, private sectors, industries, non-governmental organisations (NGOs) and the people. The development can be realised through investment and innovation. This book is significant to academics, students, policymakers, and community in increasing awareness of the importance of labour, human capital and economic development in Sabah. While adding to existing literature, this book can also be an additional reference about Sabah’s key economic characteristics and labour market.

Labour, Human Capital and Economic Development in Sabah

Labour, Human Capital and Economic Development in Sabah PDF Author: Kasim Bin Mansor @ Md. Mansur
Publisher: Universiti Malaysia Sabah Press
ISBN: 9672166893
Category : Business & Economics
Languages : en
Pages : 96

Get Book

Book Description
This book highlights some contemporary issues related to Sabah’s economic growth, including socio-economic, labour and human capital. These issues are linked to relevant economic and growth theory approaches. Critical issues on the challenges in the development and the way forward to realise government policies such as the Sabah Development Corridor (SDC), the National Key Economic Area (NKEA) and the implementation of zakat to eradicate poverty will also be discussed. Economic development for Sabah is essential and is an ongoing effort to ensure that Sabah can compete in a gradually competitive economy. Implementing sound economic policies is vital in improving the social well-being and standard of living in the state. This book also explores socio- economic issues involving various ethnic groups in Sabah, especially improving human capital and infrastructure investment. The author identified that these elements are the key contributors and enablers to Sabah’s economic growth. Thus, economic growth and development are consistent agendas to ensure future generations can live comfortably in a conducive economic environment. Hence, this book re-emphasises the importance of knowledge workers in preparing the Industrial Revolution 4.0. The author also recommends that Sabah’s further economic development be attained through rigorous efforts from strong cooperation of state and federal government and firms, private sectors, industries, non-governmental organisations (NGOs) and the people. The development can be realised through investment and innovation. This book is significant to academics, students, policymakers, and community in increasing awareness of the importance of labour, human capital and economic development in Sabah. While adding to existing literature, this book can also be an additional reference about Sabah’s key economic characteristics and labour market.

Sabah: Is it a State Built by Local or Foreign Perspiration

Sabah: Is it a State Built by Local or Foreign Perspiration PDF Author: Ujin Matjin
Publisher: Universiti Malaysia Sabah Press
ISBN: 9672962398
Category : Business & Economics
Languages : en
Pages : 77

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Book Description
Labour the main resource for production other than capital and technology or knowledge in an emerging country like Malaysia. The total factor productivity is high for labour compared to other resources. To enhance it further, the government came up with policies to upgrade the skills and knowledge of the workforce. Labour was combined with knowledge or technology to create human capital. The human capital was the main reason that attracted foreign direct investment into the nation. Knowledgeable and skilful human capital is also important to increase the total factor productivity of capital. Under the New Economic Model, the nation was separated into various corridors to attract foreign direct investment into the nation. The inflow of foreign direct investment guaranteed job opportunity, knowledge and technology and also export. This appreciates the exchange rate and purchasing power, eventually the economic growth of the nation. Sabah was one of the corridors that had great potential to attract foreign direct investment especially in the service-based industry and agriculture industry. Other than its uniqueness in terms of its natural environment, rich in flora and fauna, Sabah is also able to attract foreign direct investment due to its labour force. Labour force in Sabah consists of locals and foreign. The influx of foreign labour in Sabah is immense in the agriculture sector. Foreign labour differs from expatriates. The need for foreign labour has its advantages and disadvantages. The foreign labour was deemed important in the production activity but it caused unemployment among locals, allocation of resources for their needs, and also social costs like crime and diseases. Thus, the Sabah government has taken numerous measures to reduce the dependence on foreign labour. But before such measures are taken an empirical analysis need to be carried out to justify whether the Sabah economic growth was dependent on local labour or foreign labour. An advance econometric analysis was used in this book to justify that Sabah’s economic growth is foreign labour dependent.

Issues on Human Resource Development in Sabah

Issues on Human Resource Development in Sabah PDF Author: Mohd. Yaakub Hj. Johari
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 196

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Book Description


Human Capital Formation in East Malaysia

Human Capital Formation in East Malaysia PDF Author: Jasbir Sarjit Singh
Publisher:
ISBN:
Category : College graduates
Languages : en
Pages : 158

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Book Description


Holistic Development And Security For Esszone

Holistic Development And Security For Esszone PDF Author: Diana Peters
Publisher: Universiti Malaysia Sabah Press
ISBN: 9672962681
Category : Political Science
Languages : en
Pages : 251

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Book Description
Holistic Development And Security For Esszone Editors : Diana Peters, Jennifer Chan Kim Lian, Gusni Saat, Ebentin Estim, Martin A. Sebastian. This book is an attempt to contextualise the issues occurring in this part of the region which is not only solely constrained by security in the traditional sense, but also to ensure the livelihoods of citizens are being protected. The four pillars for a holistic approach identified in this book are based on the inputs by stakeholders in four workshops organised in throughout 2016, under the same theme. It is realised that the challenges to the security of Eastern Sabah has many faces – piracy, illicit trafficking, and kidnappings – and these challenges are evolving. As such, an all-encompassing solution is needed.

Development in Malaysia (Routledge Revivals)

Development in Malaysia (Routledge Revivals) PDF Author: Ozay Mehmet
Publisher: Routledge
ISBN: 1317831802
Category : Business & Economics
Languages : en
Pages : 196

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Book Description
First published in 1986, the Malaysian economy has grown remarkably since 1970 but despite this poverty is still widespread. This book examines the record of economic development in Malaysia over this period and evaluates the success of the New Economic Policy. In particular it examines the merits of the trusteeship strategy in its aim to eradicate poverty and in socioeconomimc restructuring.

Demographic and Socioeconomic Changes in Sabah

Demographic and Socioeconomic Changes in Sabah PDF Author: Tey Nai Ping
Publisher: Universiti Malaysia Sabah Press
ISBN: 9672738250
Category : Social Science
Languages : en
Pages : 448

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Book Description
Population and development are inextricably interrelated. Population size and structure are crucial factors affecting opportunities, pressures, and constraints of society. The high fertility and rapid population growth in low-resource countries have hampered socio-economic development. However, as fertility began to fall rapidly since the middle of the 20th century, many post-demographic-transition countries are undergoing rapid population ageing and encountering labour shortages Sabah is the second-most populous state in Malaysia, with about 4 million population in 2020. It has registered the second-highest population growth rate over the past four decades, brought about by the influx of migrant workers due to the severe labour shortage. The number of non-citizens grew from 420 thousand in 1990 to 1.094 million in 2020. Non-citizens made up close to 30% of the state population during 2013 – 2018, up from around 26% in 2009 – 2010. However, the negative growth of the non-citizens in Sabah during 2018 – 2020 has resulted in zero growth of the state population. This book is a sequel to the series on “Revisiting Population- Development Nexus: The Past in Its Future, 2016”, and “Demographic Transition and Socio-economic Development in Malaysia, 2020”by the Universiti Malaysia Press. Given Sabah’s unique socio-demographic situation, this book will provide a comprehensive analysis of the demographic situation, emphasizing the young generation and the changing roles and status of women in Sabah. The book consists of 14 chapters, covering population situation analysis at the state and district levels; functional population projection; gender differentials in education, employment, and income; internal and international migration; marriage; fertility and fertility preferences; family planning; family and gender roles; youth in development; adolescent sexual and reproductive health; women and youth in the hotel industry; and growth of the non-citizen population. Each chapter examines gender differentials and provides a comparative analysis with Sarawak and Peninsular Malaysia. The book will serve as a useful reference for planners and administrators from the public and private sectors, researchers, and students.

The Contribution of Human Capital to Economic Development

The Contribution of Human Capital to Economic Development PDF Author: Jere R. Behrman
Publisher:
ISBN: 9789221090922
Category : Developing countries
Languages : en
Pages : 57

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Book Description


The Report: Sabah 2011

The Report: Sabah 2011 PDF Author:
Publisher: Oxford Business Group
ISBN: 1907065369
Category : Sabah
Languages : en
Pages : 195

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Book Description


Malaysia’s Leap Into the Future

Malaysia’s Leap Into the Future PDF Author: Rajah Rasiah
Publisher: Springer
ISBN: 9789811670442
Category : Social Science
Languages : en
Pages : 361

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Book Description
This book presents the future development of Malaysia. It puts together building blocks to achieve a better future. These blocks are poverty and income inequality, population, demography and urbanization, growth and technological progress, education, human capital and skills, finance, labor, the environment, and health care. It examines the reasons for the decline in the agricultural sector with an emphasis on food security. It discusses Malaysia’s economic growth and structural change compared to some of the Northeast East Asian and Southeast Asian countries. It explains the projections of population and demographic change and its bearing on government policies. It evaluates the country’s education sector and discusses the strategies to improve its role in the country further. It argues for replacing ethnic-based approaches with a needs-based system for the future direction to build a plural Malaysia. This insightful book is of interest across several fields, including demography, economic development, and urbanization.