KUALA LUMPUR (Oct 10): Malaysia can reap the benefit of the third demographic dividend, which could see a growth of a minimum of 1% to the gross domestic product (GDP), if retirees return to the workforce. "The GDP growth is based on minimum wage calculations. He noted that it is pertinent that Malaysia harnesses the benefit of retired persons from the age 65 and above if it wants to see continued economic growth. "Fertility rate is dropping in Malaysia and mortality rate is increasing. Naohiro is leading the study in SSRC on the third demographic dividend that would be presented to the federal government soon.
Source: The Edge Markets October 10, 2017 06:02 UTC