WHILE the wage-to-gross domestic product( GDP) ratio of many advanced economies has been declining over the years, Malaysia is still playing catch-up despite seeing steady growth since 2005. According to a 2019 paper by the International Labour Organisation( ILO), globally, the share of national income going to workers is falling, from 53.7% in 2004 to 51.4% in 2017. Comparatively, the contribution of compensation of employees to Malaysia’s GDP increased to 35.9% in 2019 against 35.8% in 2018, a
综合
星报-商业
2021-07-17 00:00:00.0
