Public Expenditure and Income Distribution in Malaysia torrent

Public Expenditure and Income Distribution in Malaysia
https://DevCourseWeb.com

English | 2022 | ISBN: 9781003302506 | 143 pages | True PDF | 1.48 MB

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.