Growth, Structural Change and Regional Inequality in Malaysia

Growth, Structural Change and Regional Inequality in Malaysia
Author: Asan Ali Golam Hassan
Publisher: Routledge
Total Pages: 259
Release: 2017-11-30
Genre: Business & Economics
ISBN: 1351156918

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Economic development in the long run is seen as a process of structural change that is affected by economic growth. Malaysia is one of the middle-income economies that are going through rapid structural change. Since the mid 1980s it has changed to an industrially based economy with large-scale export of electrical and electronic components. However, thirty years after Malaysia's re-distributive policies have been exercised, regional inequality still exists. This book examines the nature and impact of regional policies in relation to the patterns of demographic and economic structural change and in relation to growth, distribution and income disparities across regions in Peninsular Malaysia. The book also explores the degree to which differences in regional manufacturing distribution and concentration have contributed to regional inequality. It concludes with a number of recommendations for regional policies that will reduce this inequality.

Growth, Structural Change and Regional Inequality in Malaysia

Growth, Structural Change and Regional Inequality in Malaysia
Author: Asan Ali Golam Hassan
Publisher: Routledge
Total Pages: 332
Release: 2017-11-30
Genre: Business & Economics
ISBN: 135115690X

Download Growth, Structural Change and Regional Inequality in Malaysia Book in PDF, Epub and Kindle

Economic development in the long run is seen as a process of structural change that is affected by economic growth. Malaysia is one of the middle-income economies that are going through rapid structural change. Since the mid 1980s it has changed to an industrially based economy with large-scale export of electrical and electronic components. However, thirty years after Malaysia's re-distributive policies have been exercised, regional inequality still exists. This book examines the nature and impact of regional policies in relation to the patterns of demographic and economic structural change and in relation to growth, distribution and income disparities across regions in Peninsular Malaysia. The book also explores the degree to which differences in regional manufacturing distribution and concentration have contributed to regional inequality. It concludes with a number of recommendations for regional policies that will reduce this inequality.

Kuznets beyond Kuznets

Kuznets beyond Kuznets
Author: Saumik Paul
Publisher: Brookings Institution Press
Total Pages: 0
Release: 2018-12-18
Genre: Business & Economics
ISBN: 4899741006

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Simon Kuznets’ views about the inverted-U relationship between inequality and development and the process of structural transformation have long been under the lens of researchers. Over the last 20 years, immense potential for growth in Asia has been facilitated by structural transformation. However, it remains undecided whether the contribution of structural transformation will stay as a crucial factor in determining potential productivity growth and income distribution. This book brings together novel conceptual frameworks and empirical evidence from country case studies on topics related to structural transformation, globalization, and income inequality.

Growth and Structural Change in the Malaysian Economy

Growth and Structural Change in the Malaysian Economy
Author: Kwame Sundaram Jomo
Publisher: Springer
Total Pages: 283
Release: 2016-07-27
Genre: Business & Economics
ISBN: 1349209023

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This book attempts to understand economic developments in Malaysia in the early and mid-Eighties, focusing on growth, balance of payments, fiscal and debt trends. They are all seen against global trends, earlier developments in the Malaysian economy and other changes in Malaysian society.

Structural Transformation and Economic Development

Structural Transformation and Economic Development
Author: Banji Oyelaran-Oyeyinka
Publisher: Routledge
Total Pages: 230
Release: 2016-09-13
Genre: Business & Economics
ISBN: 1317199596

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This book examines long-term structural changes and the broad impact on economic development in regional comparative perspectives. The book analyzes data across Africa, Asia and Latin America. It looks at key variables of productivity growth, industrialization, poverty, urbanization, and employment. This book is concerned with understanding structural change dynamics and how it affects job creation, living standards, and the efficiency of productive cities through manufacturing productivity growth that benefits majority of citizens. With empirical evidence from a selected number of developing countries including China, India, Brazil, Nigeria and South Africa, the book attempts to present the considerable structural changes of these countries over the last few decades. It highlights that growth without the expected job creation is one of the distinct features of growth in emerging and developing countries. It suggests that countries may well record economic growth, whether through within sector productivity increase or through structural change, but this may not necessarily lead to employment, an important concern for long-term development.

Income Inequality and Poverty in Malaysia

Income Inequality and Poverty in Malaysia
Author: Shireen Mardziah Hashim
Publisher: Rowman & Littlefield
Total Pages: 282
Release: 1998
Genre: Business & Economics
ISBN: 9780847688586

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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.

Links Between Growth, Inequality, and Poverty: A Survey

Links Between Growth, Inequality, and Poverty: A Survey
Author: Ms. Valerie Cerra
Publisher: International Monetary Fund
Total Pages: 54
Release: 2021-03-12
Genre: Business & Economics
ISBN: 1513572660

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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.