Malaysia has been relatively successful in managing the COVID-19 pandemic, with the number of deaths and infections lower than neighboring countries and many developed economies. This paper will share Malaysia's experience in fighting the pandemic, particularly the key success factors in managing the health impact during the period of January to August 2020. The speedy preparation and planning by the Health Ministry even before the country registered its first case was instrumental in ensuring that the country was ready to face the pandemic. Lessons learned from previous experience with epidemics such as Nipah, SARS, MERS, and H1N1 were also key to the speedy responses. Effective communication helped to ensure the public's support of measures imposed by the government to reduce the spread of the virus. However, while the country managed the health crisis relatively well, the handling of the economy is rather poor, with the economic impact being much worse than what was experienced during the 1997–98 Asian financial crisis, and the 2008–09 global financial crisis. This paper will end with suggestions of several policy interventions to mitigate the economic impact of COVID-19, particularly for vulnerable groups.

This study investigates the existence and extent of intergenerational mobility in Malaysia in terms of educational attainment, occupational skills level, and income level. It compares the status of working adults born between the years 1945 and 1960 and their adult children born between 1975 and 1985, using non-linear transition matrix techniques. On average, the majority of adult children have better educational attainment and occupational skills level compared with their parents. Income mobility, in absolute and relative terms, is highest among children born to parents in the lowest income quintile. The results of a logistic regression model show that education, assets ownership, gender, and location matter for upward mobility. Moving forward, there will be difficulties for the children from poor families to move up the socioeconomic ladder because of changes in policies. An inclusive development approach is vital in enhancing socioeconomic mobility to promote social cohesion, economic growth, and greater equity for the next generation.