Global Income and Wealth Inequality in Malaysia
- 1. Place of study: Presidential school in Fergana
Description
The article examines Malaysia's economic transformation since
independence, focusing on shifts in income and wealth distribution. It discusses the
country's move from agrarian to diversified open economy, emphasizing the
complexities in achieving equitable prosperity. The analysis employs measures like
the Gini coefficient and explores historical, socio-cultural, and policy-driven factors
influencing economic disparities. Comparisons with the Philippines provide
insights, and the article calls for ethical considerations in economic policies. The
conclusion emphasizes the need for targeted interventions, financial literacy, private
sector engagement, and an inclusive approach to foster sustainable economic growth
with equal distribution of benefits
Files
Zohidjon Kuysinov 8-17.pdf
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Additional details
References
- [1] The economic context of Malaysia - International Trade Portal. (n.d.). https://www.lloydsbanktrade.com/en/market-potential/malaysia/economicalcontext#:~:text=Main%20Sectors%20of%20Industry,32.97%20million%20populat ion%20in%202023
- [2] Malaysia maintains a trend of more people in employment across Q2 2023. (2023, August 28). Human Resources Online. https://www.humanresourcesonline.net/malaysia-maintains-trend-of-more-peoplein-employment-across-q2-2023
- [3] Government revenue in Malaysia 2013-2022. (2023, December 13). Statista. https://www.statista.com/statistics/795944/government-revenue-malaysia/
- [4] Sm, C. (2023, July 28). Malaysia Income Inequality Gap Drops To 0.3% In 2022 Compared To 2019: DOSM - BusinessToday. BusinessToday. https://www.businesstoday.com.my/2023/07/28/malaysia-income-inequality-gapdrops-to-0-3-in-2022-compared-to-2019
- [5] Median wealth of the adult population in Malaysia 2014-2022. (2023, October 23). Statista. https://www.statista.com/statistics/957203/malaysia-median-wealthvalue
- Human Verification. (n.d.). https://www.bnm.gov.my/documents/20124/10150308/ar2022_en_box1.pdf
- Y. (2023, September 21). Income Inequality in the Philippines. The Borgen Project. https://borgenproject.org/income-inequality-in-thephilippines/#:~:text=Ongoing%20Challenges,50%25%20only%20captured%2014 %25.