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

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

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.

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

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.

Regional Inequality in Transitional China

Regional Inequality in Transitional China
Author: Felix Haifeng Liao
Publisher: Routledge
Total Pages: 213
Release: 2020-09-17
Genre: Business & Economics
ISBN: 1351669788

This book investigates uneven regional development in China – with particular focus on the cases of Guangdong and Zheijiang provinces – which have been at the forefront of debate since Chinese economic reform. Rapid economic growth since the ‘opening-up’ of China has been accompanied by significant disparities in the regional distribution of income: this book represents one of the most recent studies to present a picture of this inequality. Built upon a multi-scale and multi-mechanism framework, it provides systematic examination of both the patterns and mechanisms of regional development and inequality in provincial China, emphasizing the effects of economic transition. Approaching from a geographical perspective, its authors consider the interplay between the local, the state, and the global forces in shaping the landscape of regional inequality in China. Extensive empirical findings will prove useful to those researching other developing countries within the frontier of globalization and economic transition. Regional Inequality in Transitional China will appeal to scholars and students of geography, economics and Chinese studies more broadly.

Regional Disparities, Growth, and Inclusiveness

Regional Disparities, Growth, and Inclusiveness
Author: Mr.Holger Floerkemeier
Publisher: International Monetary Fund
Total Pages: 35
Release: 2021-02-12
Genre: Business & Economics
ISBN: 1513569503

We discuss regional disparities in economic performance and living standards. We first set out some key facts, and provide a conceptual framework to help analyze whether such disparities are efficient, or instead reflect market and/or policy failures. We examine whether policy attempts to reduce regional disparities necessarily involve a trade-off between equity and efficiency. We then investigate whether policymakers should focus on boosting the economic performance of lagging regions—or, conversely, accept the presence of regional disparities, and instead assist households in lagging regions through transfer payments, investments in education, health, and other basic services, and by facilitating out-migration.

Inequality and Growth

Inequality and Growth
Author: Theo S. Eicher
Publisher: MIT Press
Total Pages: 343
Release: 2003
Genre: Economic development
ISBN: 0262050692

Essays exploring the relationship between economic growth and inequality and the implications for policy makers.

Growth, Structural Transformation, and Rural Change in Viet Nam

Growth, Structural Transformation, and Rural Change in Viet Nam
Author: Finn Tarp
Publisher: Oxford University Press
Total Pages: 333
Release: 2017
Genre: Business & Economics
ISBN: 019879696X

Provides in-depth evaluation of the development of rural life in Viet Nam over the past decade, combining a unique primary source of time-series panel data with the best micro-econometric analytical tools available.

Determinants of Inclusive Growth in ASEAN

Determinants of Inclusive Growth in ASEAN
Author: Victoriia Alekhina
Publisher: International Monetary Fund
Total Pages: 39
Release: 2020-07-03
Genre: Business & Economics
ISBN: 1513549197

Over the past decades ASEAN countries have experienced rapid economic growth accompanied by a dramatic fall in poverty rates, but income inequality has not retreated. This research aims at identifying factors which could contribute to more equally distributed growth in ASEAN. To measure inclusive growth, we use a variable integrating per capita income growth and an equity index. A cross-country panel analysis of the impact of macro-structural factors on inclusive growth and its two components suggests that fiscal redistribution, female labor force participation, productivity growth, FDI inflows, digitalization, and savings significantly drive inclusive growth. A scenario analysis based on our econometric results suggests that the implementation of fiscal redistribution and labor market-oriented structural reforms could help significantly accelerate inclusive growth in ASEAN.

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

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.

Inequality and Poverty in Malaysia

Inequality and Poverty in Malaysia
Author: Sudhir Anand
Publisher: Oxford University Press, USA
Total Pages: 396
Release: 1983
Genre: Business & Economics
ISBN:

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.