Restoring the dynamism of Malaysia’s business sector
Before the COVID-19 pandemic, Malaysia undertook a series of vigorous reforms, ranging
from the improvement of regulatory framework to the digitalisation of the economy,
with the aim of boosting productivity. While the protracted pandemic has inevitably
stalled reform efforts in many countries, including Malaysia, strengthening the business
climate has become all the more important. This will be essential to achieve a robust
recovery, accelerate digitalisation, and adopt a new working environment combining
productivity and sanitary precautions. This paper discusses: 1) how Malaysia can reinvigorate
business dynamism with new regulatory reforms; 2) how it can boost the uptake by businesses
of digital solutions; and 3) based on the recent experience of teleworking, how it
can prepare an enabling working environment for the digital age.
Published on March 08, 2022
In series:OECD Economics Department Working Papersview more titles