World Bank: We're not seeing an economic 'convergence' between Malaysia's richer and poorer states

Рет қаралды 4,956

Ай бұрын

Ndiamé Diop, World Bank country director for Brunei, Malaysia, Philippines and Thailand, discusses the "geographical distribution of economic growth" in Malaysia and discusses what needs to be done to bridge the gap.

Пікірлер: 57

@muzammilm.nurdin3349 Ай бұрын

Its true. Inflation we're having in Malaysia right now is 'Urban inflation'. When everything is centralised in Kuala Lumpur city, all of the prices increased only in Kuala Lumpur. I suggest that we should divest into other states and together it will balance out the income distribution.

@secrets.295 Ай бұрын

Not true at all. Inflation is spread all across Malaysia, especially food prices where prices do not vary by much no matter where u go. The biggest cost of living difference between urban areas is due to high rental or high property prices. This is partly because people make more money in big cities like KL compared to in a small town like Pekan or Tanjung Malim. You make more money, u pay higher prices. That's pretty much the case anywhere u go. I do think that Malaysia has for decades abandoned the rural area, towns, and mid tier cities. However things have changed a lot ever since 2010 until now. Second tier cities have started growing & lots of infrastructure projects have been invested by the government. Pan Borneo highway, ECRL, WCE.

@aimanhakimi7181 Ай бұрын

@@secrets.295Ecrl is Najib's project Under his administration He really care about urban rural areas Even kelantan and Sarawak become more develop under him Kudos our previous prime minister didn't neglect "luar bandar" area

@mrj475 Ай бұрын

Malaysia need to reform mainly on services and agriculture..

@FazShara Ай бұрын

guys hes talking about the economy convergence between the richer state and the poorer state ya....a very specific details in econ, so its selangor,penang,johor to kelantan kedah perlis. and to be fair to us, even rich countries have problem converging the economy from the richer to the poorer states

@collin_mmarshall1655 Ай бұрын

It has been practiced since the 1980s. The federal government back then refused to promote and forbids investors to invest in the opposition states.

@mirmir9368 Ай бұрын

Mu nok isley ko nok kemajue?

@Aliffsyaqany Ай бұрын

🤣

@afendiyusuf4284 Ай бұрын

nate beruk mu ni 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

@collin_mmarshall1655 Ай бұрын

Itulah yg pemimpin² UMNO ratibkan sejak berdekad²... Sebab tu kerajaan persekutuan tak nak promosikan dan melarang pelabur tanam modal di negeri² pembangkang.. "Kau melabur di Kelantan,kau x dapat insentif.." Akhirnya skrg UMNO dah longlai di celahan kangkang NgaKomeng LimkitMalam. Tapi Islam tetap di hati rakyat di bawah pimpinan kerajaan Islam. Peniaga² cina pun blh kaya raya di Kelantan & Terengganu. Islam tak menindas,tapi umat Islam sendiri menindas sesama umat Islam. Cintai Islam, Allah swt kekal di hati. Kemajuan di dunia hanya sementara. Islam & kemajuan blh seiring,.. manusia yg hati busuk & dengki akan menindas sesama bangsa & agama.

@goldmohd Ай бұрын

Cuba sebut shah alam 😂😂

@Aliffsyaqany Ай бұрын

@@goldmohd shah aley

@JackFrost-ib3xr Ай бұрын

Why bother. Some ppl just want to live in wooden houses and pray for an upgrade.

@muhdaffiq8415 Ай бұрын

What's wrong with wooden houses and pray?

@motorcyclesdream6921 Ай бұрын

I love wooden house.. remember my 80s life in kampung

@mirmir9368 Ай бұрын

American houses mostly are made from woods.

@pegangagamakeranaitusiapak576 Ай бұрын

wooden house is not cheap now tho n guess praying is not your norm eah? lolll... sarcastic term?

@shukriramlee Ай бұрын

@@muhdaffiq8415Pray to god for a better living but lazy. Just like walaun.

@axelanamwatever7408 Ай бұрын

Obviously the poor state governed by opposition party since its the people choice they have to live with it

@videoaku557 Ай бұрын

It should go back to the era where BN was at its peak. No 'lots of help' was given. Just enough to eat. That is why the state is still backward. Not because it is ruled by the opposition. And that situation continues to this day even though BN is no longer in power. Even now the government has not given much more. Just want to get used to it by visiting here and there

@junweiliow8899 Ай бұрын

Sadly, based on the World Bank country director's comments, it seems that only if we can pull up those poorer states in the game, we will see a higher growth in Malaysia's economy. But the opposition party has not educate their people enough to appreciate how the economic change will make their lives better. With rural Malays also make a significant number in the Malaysian population, it pulls the average income/whatsoever income measure they have on the Malay population, not knowing that rural Malays and urban Malays have very different philosophy to life. Urban / more educated Malays wish strive for higher income and are eager to work towards this goal, while the rural Malays do not believe in the same value of physical money, and they would rather invest in their afterlife and just live a passable life, until life hits them hard and they realize how important money is (when they get old and in need of money for illnesses / when floods hit or etc). It's just really sad to see how we're running into a gridlock when not everyone is equally invested in boosting Malaysia's economy.

@muhdaffiq8415 Ай бұрын

Almost every state in Malaysia has poor people