Income Inequality and Poverty in Malaysia

Income Inequality and Poverty in Malaysia PDF Author: Shireen Mardziah Hashim
Publisher: Rowman & Littlefield
ISBN: 9780847688586
Category : Business & Economics
Languages : en
Pages : 282

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Book Description
This thorough analysis of Malaysia's economic expansion evaluates the success of the government's New Economic Policy (NEP), which was designed to promote national unity by reducing poverty as well as by loosening the link between ethnicity and economic function. The first comprehensive analysis of income distribution trends after the inauguration of the NEP, the study also considers interethnic, urban-rural, and regional variations over time. Although there have been significant reductions in poverty and income inequality, Hashim uses previously unpublished data to show that both are still rampant.

Income Inequality and Poverty in Malaysia

Income Inequality and Poverty in Malaysia PDF Author: Shireen Mardziah Hashim
Publisher: Rowman & Littlefield
ISBN: 9780847688586
Category : Business & Economics
Languages : en
Pages : 282

Get Book Here

Book Description
This thorough analysis of Malaysia's economic expansion evaluates the success of the government's New Economic Policy (NEP), which was designed to promote national unity by reducing poverty as well as by loosening the link between ethnicity and economic function. The first comprehensive analysis of income distribution trends after the inauguration of the NEP, the study also considers interethnic, urban-rural, and regional variations over time. Although there have been significant reductions in poverty and income inequality, Hashim uses previously unpublished data to show that both are still rampant.

Inequality and Poverty in Malaysia

Inequality and Poverty in Malaysia PDF Author: Sudhir Anand
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 396

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Book Description
A sophisticated account of income equalities and poverty in Malaysia which will be of particular interest to policy makers. A range of issues is covered -- from data problems to conceptural questions arising with respect to measurement.

The Colour of Inequality

The Colour of Inequality PDF Author: Muhammed Abdul Khalid
Publisher:
ISBN: 9789674152147
Category : Equality
Languages : en
Pages : 249

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Book Description
"This book provides an alternative insight to the debate on inequality in Malaysia, by focusing on the distribution of wealth or assets, rather than income. Despite tremendous increase in national income, the wealth gap in Malaysia is alarmingly high and extremely skewed. For instance, the top 0.2 per cent of depositors in ASB has about 1,133 times more than the bottom 80 per cent of depositors combined. This gap is echoed by the fact that approximately two-thirds of Malaysian workers earn less than RM3,000 per month, and about 90 per cent of Malaysians have nearly zero savings. The current policies are not facilitating improvements in this wealth gap, which could lead to aristocracy where birth, not hard work or talent and effort, matter the most in wealth accumulation. This book explores possible policy interventions that can be undertaken to ensure that economic growth is equitably shared, which is vital for a stable and prosperous society"--Page 4 of cover.

Income Inequality

Income Inequality PDF Author: Brian Keeley
Publisher: Org. for Economic Cooperation & Development
ISBN: 9789264246003
Category :
Languages : en
Pages : 120

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Book Description
Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.

Poverty, Inequality, and Inclusive Growth in Asia

Poverty, Inequality, and Inclusive Growth in Asia PDF Author: Juzhong Zhuang
Publisher: Anthem Press
ISBN: 0857288067
Category : Business & Economics
Languages : en
Pages : 493

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Book Description
While Asia’s growth record in recent decades is remarkable, it has been marred by rising inequalities. This book looks at recent trends of income and non-income inequalities in developing Asian countries, discusses their underlying driving forces, and examines key policy issues that need to be addressed to ensure that the benefits of growth will be more equitably shared in Asia. The book also presents a set of country studies that provide rich information on growth, poverty and inequality dynamics and the policy challenges that arise in marching toward inclusive growth.

Does Corruption Affect Income Inequality and Poverty?

Does Corruption Affect Income Inequality and Poverty? PDF Author: Mr.Sanjeev Gupta
Publisher: International Monetary Fund
ISBN: 1451849842
Category : Business & Economics
Languages : en
Pages : 42

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Book Description
This paper demonstrates that high and rising corruption increases income inequality and poverty by reducing economic growth, the progressivity of the tax system, the level and effectiveness of social spending, and the formation of human capital, and by perpetuating an unequal distribution of asset ownership and unequal access to education. These findings hold for countries with different growth experiences, at different stages of development, and using various indices of corruption. An important implication of these results is that policies that reduce corruption will also lower income inequality and poverty.

Links Between Growth, Inequality, and Poverty: A Survey

Links Between Growth, Inequality, and Poverty: A Survey PDF Author: Ms. Valerie Cerra
Publisher: International Monetary Fund
ISBN: 1513572660
Category : Business & Economics
Languages : en
Pages : 54

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Book Description
Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.

Impact of Zakat on Sustainable Economic Development

Impact of Zakat on Sustainable Economic Development PDF Author: Adel Sarea
Publisher:
ISBN: 9781799834526
Category : Business & Economics
Languages : en
Pages : 264

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Book Description
"This book contributes practical solutions and knowledge production in alleviating poverty in Muslim countries by adopting Islamic approaches to contemporary socio-economics and the importance of Zakat in sustaining development and supporting the welfare of society"--

Humanity Divided

Humanity Divided PDF Author:
Publisher: UN
ISBN: 9789211263671
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
This report revisits the theoretical concepts of inequalities including their measurements, analyzes their global trends, presents the policy makers' perception of inequalities in 15 countries and identifies various policy options in combating this major development challenge of our time. The report makes the basic point that in spite of the impressive progress humanity has made on many fronts over the decades, it still remains deeply divided. In that context, it is intended to help development actors, citizens, and policy makers contribute to global dialogues and initiate conversations in their own countries about the drivers and extent of inequalities, their impact, and the ways in which they can be curbed.

Henry George and the Crisis of Inequality

Henry George and the Crisis of Inequality PDF Author: Edward O'Donnell
Publisher: Columbia University Press
ISBN: 0231539266
Category : History
Languages : en
Pages : 377

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Book Description
America's remarkable explosion of industrial output and national wealth at the end of the nineteenth century was matched by a troubling rise in poverty and worker unrest. As politicians and intellectuals fought over the causes of this crisis, Henry George (1839–1897) published a radical critique of laissez-faire capitalism and its threat to the nation's republican traditions. Progress and Poverty (1879), which became a surprise best-seller, offered a provocative solution for preserving these traditions while preventing the amassing of wealth in the hands of the few: a single tax on land values. George's writings and years of social activism almost won him the mayor's seat in New York City in 1886. Though he lost the election, his ideas proved instrumental to shaping a popular progressivism that remains essential to tackling inequality today. Edward T. O'Donnell's exploration of George's life and times merges labor, ethnic, intellectual, and political history to illuminate the early militant labor movement in New York during the Gilded Age. He locates in George's rise to prominence the beginning of a larger effort by American workers to regain control of the workplace and obtain economic security and opportunity. The Gilded Age was the first but by no means the last era in which Americans confronted the mixed outcomes of modern capitalism. George's accessible, forward-thinking ideas on democracy, equality, and freedom have tremendous value for contemporary debates over the future of unions, corporate power, Wall Street recklessness, government regulation, and political polarization.