(Contemporary Southeast Asia Series)
by Mukaramah Harun (Author), Sze Ying Loo (Author)
This book studies the impact of public expenditure allocations in achieving income equality goals in Malaysia.
The
book examines the initial functional and institutional distribution of
income across different institutional agents and sectors and evaluates
the impact of the public expenditure policies in reducing the
inter-ethnic and rural–urban disparity. Since Malaysia has made enormous
progress in eliminating poverty, the authors suggest that a change of
emphasis in the public expenditure policy may now be called for. They
present evidence on the importance of public expenditure in improving
income inequality and examine the initial functional and institutional
distribution of income across different institutional agents and
sectors. The development of the Social Accounting Matrix (SAM) model
that presents both economic and social statistics in an economy can be
served as a useful tool of this work. The SAM model is used to evaluate
the impact of the public expenditure policies in reducing inter-ethnic
and rural–urban disparity.
A comprehensive source of
information on how to deal with inequality economic challenges, the book
will be of interest to economists and researchers on Southeast Asian
Studies.
