Changing recipe in industrial production
By Ong Wooi Leng, Carolyn Ch’ng Sue Ern
July 2010 UTTER ECONOMICS
Every recipe needs the right ingredients for success; get the mix right and walk away with a winning formula; get the mix wrong and the dish could fall flat. The same could be said for “ingredients” needed for successful trade and commerce. Interpreting national input-output data (which can be regarded as ingredients, using the cooking analogy), here is a look at some of the commodities that play a major role in Penang’s economy.Radio, tv & computer (RTC) equipmentSince the early...
Ong Wooi Leng
heads the Socioeconomics and Statistics Programme at Penang Institute. Her work lies in labour market analysis and socio-economic development.
Carolyn Ch’ng Sue Ern
is interning at SERI. She is double-majoring in Economics and Financial Mathematics in the us.
