Malaysian consumers unstoppable - World Bank director
In Malaysia the "aspirational" low-income part of the population is helping to drive economic growth through consumption, according to the World Bank.
Malaysia has successfully tackled poverty over the last four decades by drawing on its rich natural resources.
According to the World Bank, some 49% of Malaysians in 1970 were extremely poor, and that figure has been reduced to 1% today. However, the government's next challenge is to help the lower income group to move up to the middle class, the bank says.
Ulrich Zahau, the World Bank's Southeast Asia director, spoke to the BBC's Jennifer Pak.
18 Dec 2014
- From the section Business