tag:blogger.com,1999:blog-6297413898275266606.post6231589933299907093..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: Comparing Wageshishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6297413898275266606.post-6300719317275211782012-04-01T11:05:48.545+08:002012-04-01T11:05:48.545+08:00The PPP avg wage is usd 948. .the RM2000 is 2009 p...The PPP avg wage is usd 948. .the RM2000 is 2009 pretax wagesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-89435237250761581982012-03-31T23:30:54.806+08:002012-03-31T23:30:54.806+08:00Bear in mind, we're looking at PPP adjusted wa...Bear in mind, we're looking at PPP adjusted wages, and not necessarily in nominal local currency terms. On that basis, the nominal average wage should be lower.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-67832049603854990912012-03-31T20:34:22.945+08:002012-03-31T20:34:22.945+08:00MSIA avg wage in LCU is 2000 based on that BBC dat...MSIA avg wage in LCU is 2000 based on that BBC data.Thats for 2009 . .with 11.7 mil workers n GNI of 670 bil : The CE/GNI is 43% which is a huge improvement frm 2005 of 28%(based on DOS paper).So what are the structural changes that improved the share of wages?With minimum wage. .we will be at 46%. .that looks pretty fair.Anonymousnoreply@blogger.com