Malaysian Economics Essay

Differences in cultivation During the British rule, each ethnic group withal in the main experienced different education systems. Most Malays were amelio grade in the government school system primed(p) in the rural argonas that used the Malay wording as the strong point of instruction. The Chinese on the new(prenominal) hand sent their children to the Chinese medium schools, which mere(prenominal) established by Chinese voluntary associations. besides , the elite segment of each ethnic group generally sent their children to the slope medium schools determined in the urban areas, where the quality of education was cold better than the rural Malay-medium school. Furthermore, well-nigh secondary and tertiary education was available in the urban areas with English as the medium of instruction. Those who were educated at the English medium schools tended to gain positions in the civil service, commerce, business, and professions. Since most of the Malays were educated i n the rural Malay medium schools, this indirectly moderate their upward social mobility. . 2 Differences in skills Since Malay only received the education from government school in rural areas, the skills were limited. insufficiency of skills and knowledge were the factors of unemployed. This will worsened the situation of beggary and income disparities between the ethnic groups. Sectoral employment of Bumiputera and non-Bumiputera (%) in peninsular Malaysia, 1970. Sector Bumiputera Non-Bumiputera Primary 67. 6 32. 4 inessential 30. 8 69. 2 Tertiary 37. 9 62. 1 Notes Primary (agriculture)Secondary (mining, manufacturing, construction, utilities, and transport) Tertiary (wholesale and retail trade, finance, government, and other(a) services) 3. 3 Differences in access to capital A majority of non-Malays are usually found to be living in the southern and western states of Malaysia , such(prenominal) as Pulau Penang and Kedah. These states form sophisticated urban spheres and als o modern rural sectors which are playing the essential roles in the economic activities. On the other hand, the Malays lived in the northern states of Malaysia, and they are indeed in the tralatitious rural sector.This unstablenessd development had result the imbalance capital gain among the ethnic groups. Wealth corruption by Asset Classes in 2007 Asset Classes Bumiputera Chinese Indian Savings 567 2 795 1 026 investment Assets 1 853 4 629 2 058 Financial Assets 2 419 7 423 3 083 Real Estate 70 453 120 903 84 146 Wealth 72 873 128 326 87 229 3. 4 Differences in unemployment pattern The supply of happy manpower in their own field is the main problem in employment restructuring. Despite the limited success of bumiputera students, the presence of skilled and qualified bumiputera workers and professionals are inadequate.A few factors that contribute to this problem are such like limited accessibility to modern educational facilities and quality educational or counterbalance low family income. Bumiputera are mainly attracted to the public sector and lately the bumiputera states the record for having the highest employment rate among malay university graduates. Although the manufacturing sectors display a tremendously high rate or malay labor force, most of them are employed in the lower level or non-manegerial level of occupations.