Long-Term Macroeconomic Analysis and Forecasting for the Malaysian Economy
This project was launched to develop a robust and reliable long-term GDP forecasting model to support the country's economic stability, growth, and competitiveness. The team of experienced economists from Sunway IGSC tackled this challenge, recognising the vital importance of forecasting in determining the future course of action. Accurate GDP forecasting is crucial to any global strategy, enabling organisations and governments to make informed decisions and allocate resources efficiently.
In an increasingly interconnected and competitive world, having a clear picture of the future is more important than ever. Findings, shared with industry players and government agencies, underscored Malaysia’s potential to generate higher returns on value and investment by strengthening governance, the STI ecosystem, and STEM talent development.
This project also highlighted IGSC’s growing expertise in econometric, forecasting, and behavioural modelling for evidence-based policy analysis.
