ECONOMIC growth the world over has come about through a tectonic shift from agriculture to manufacturing. Since independence, we have shifted our focus away from agriculture to manufacturing. Similarly, South Korea has put its faith in huge conglomerates, or chaebols, to shift to manufacturing and speed up economic transformation. Although the United States and the United Kingdom are downsizing their manufacturing bases, their past economic growth owe much to manufacturing. When agriculture is transformed and well integrated in our development efforts, we can then say that our economic growth is truly inclusive.
Source: New Strait Times November 24, 2017 02:15 UTC