World Bank: Malaysia should focus on middle class’ growing aspirations


KUALA LUMPUR (Dec 5): Malaysia needs to focus on policies that could meet growing aspirations of the huge middle class group in the country, according to a senior World Bank economist during the launch of a report today which she co-authored.

“The policy agenda will need to be tailored to each country’s circumstances…For progressive prosperity countries like Malaysia, which have largely eliminated extreme poverty and fostered a large middle class, the priority is to satisfy the middle class’ growing aspirations, while mobilising resources to address remaining disparities,” said Dr Caterina Ruggeri Laderchi, who co-wrote the report entitled ‘ Riding the […]