The impact of the human capital of women on the economic development of Malaysia
Verena Habrich,
Vito Bobek,
Gorazd Justinek and
Tatjana Horvat
International Journal of Business and Globalisation, 2025, vol. 40, issue 3, 210-243
Abstract:
The paper aims to determine the main obstacles for women in the job market and identify the impact of female participation on national development. This was executed by conducting a case study analysis for Malaysia's emerging market. The authors applied a data triangulation approach based on documents, archival records, and interviews. The findings demonstrate that the rate of women in the workforce is increasing but still severely lower than the men's rate. The main issues are cultural stereotypes, limited access to the job market, and difficulties with combining work and childcare. Raising women's participation in the workforce leads to a rise in economic growth and overall development in Malaysia. The country must overcome gender inequalities, properly enforce female-related regulations, and invest in human development. This point out the relevance of a country's level of development, culture, education, female-related laws, and their influence on women's decisions or ability to work.
Keywords: female labour force participation; FLFP; women's workforce participation; impact on economic growth; economic development; human development; human capital; gender gap; gender equality; Malaysia. (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbglo:v:40:y:2025:i:3:p:210-243
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