Long-term forecast of Malaysian economy 1995-2005

Abstract

At the National Outlook Conference four years ago, we made an attempt to identify missing industries in the Malaysian economy by examining emerging intermediate inputs needed by industries as its production structure evolves to take on developed nation status. By comparing between input-output coefficients, used as an indication of the level of technology, which is comparable to one that Malaysia could adopt by the year 2020 and input-output coefficients observed in the country may be today, differences detected provided an insight to the kind of changes that expected to occur in terms of new inputs not produced today and present inputs no longer needed tomorrow.