The Economy/ Contents

Public sector, private sector

Norma Mansor and Tan Eu Chye

private

Source: Economic Planning Unit

As a mixed economy, Malaysia combines elements of a market economy characterized by free enterprise and a planned economy with government participation. The private sector constitutes the principal source of employment and growth, and private sector efficiency is the key justification for privatization. The Malaysia Incorporated concept embodies the public–private partnership that underpins the economy.

  • Information in the full article includes
  • The public sector
  • The private sector

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