Malaysia Workforce Development : SABER Country Report 2013

Malaysia s technical and vocational training (TVET) program is born out of a combination of ambition and necessity. The country has recorded impressive economic growth over several decades, bolstering ambitions that it should make the transition fr...

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Bibliographic Details
Main Author: World Bank
Format: Working Paper
Language:English
en_US
Published: Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2013/01/20141617/saber-workforce-development-country-report-malaysia-2013
http://hdl.handle.net/10986/20161
Description
Summary:Malaysia s technical and vocational training (TVET) program is born out of a combination of ambition and necessity. The country has recorded impressive economic growth over several decades, bolstering ambitions that it should make the transition from middle- to high-income by transforming to a knowledge (K) economy. Vision 2020, announced by then Prime Minister Mahathir Mohamad, was to give substance to this plan. The need to make this transformation was driven home by a deceleration of this growth after the Asian Financial Crisis at the turn of the century followed by the Global Financial Crisis a decade later and has galvanized the country s leaders to action to bolster its human capital. TVET can play an important role in Malaysia s transformation to a knowledge economy.