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Towards A Sustainable Fiscal Position For Malaysia


Towards A Sustainable Fiscal Position For Malaysia
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Towards A Sustainable Fiscal Position For Malaysia


Towards A Sustainable Fiscal Position For Malaysia
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Author : Azura Othman
language : en
Publisher: Walter de Gruyter GmbH & Co KG
Release Date : 2021-10-25

Towards A Sustainable Fiscal Position For Malaysia written by Azura Othman and has been published by Walter de Gruyter GmbH & Co KG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-25 with Business & Economics categories.


The financial crisis of the last decade has brought to the fore many discourses on the stability of the financial system under the current interest rate regime and whether issuing more debts, that create further divergence between the financial and real sector of the economy, is a sustainable solution to the ensuing debt crisis that followed. Invigorating economic development may need more than just achieving mere growth in GDP numbers and other mainstream macroeconomic key performance indices. Social equity, environmental conservation, inclusive development, and equitable income distribution are concepts that are increasingly given more weight in the measurement of economic development. The onset of the pandemic of the current decade has further emphasized the importance of these considerations as well as the concept of sharing of risks and return. This book analyses the past and current fiscal situation in Malaysia and identifies areas of improvements in the current tax system and public sector financing in generating the required revenue and financing government expenditure. The alternative fiscal framework proposed in this book covers a tax structure that features a simple and fairer tax system that is based on the ability to pay and public financing which is free of interest and provides opportunity for broader participation of the public. As Malaysia has a comprehensive framework as well as firm regulatory and government support for Islamic finance, the fiscal reform builds on an important feature of risk sharing Islamic finance that brings the real and financial sectors of the economy close together. The fiscal policy reform recommended in this book seeks to address the public debt burden, expand fiscal space, increase financial inclusion, reduce income and wealth disparities, increase employment and income for the growing population and ultimately improve social solidarity especially for a pluralistic country such as Malaysia.



Sustainable Fiscal Position For Malaysia


Sustainable Fiscal Position For Malaysia
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Author : Azura Othman
language : en
Publisher:
Release Date : 2019

Sustainable Fiscal Position For Malaysia written by Azura Othman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.




Towards A Sustainable Fiscal Position For Malaysia


Towards A Sustainable Fiscal Position For Malaysia
DOWNLOAD
Author : Azura Othman
language : en
Publisher: Walter de Gruyter GmbH & Co KG
Release Date : 2021-10-25

Towards A Sustainable Fiscal Position For Malaysia written by Azura Othman and has been published by Walter de Gruyter GmbH & Co KG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-25 with Business & Economics categories.




Fiscal Sustainability In Malaysia


Fiscal Sustainability In Malaysia
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Author : Hon Chung Hui
language : en
Publisher:
Release Date : 2017

Fiscal Sustainability In Malaysia written by Hon Chung Hui and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.


In this paper, I deploy a broad array of econometric tests to thoroughly examine fiscal sustainability in Malaysia. Results of the multicointegration test suggest the absence of cointegration between the cumulated cointegration errors, real government expenditure and real government revenue. Meanwhile, standard cointegration analyses indicate that the fiscal process fulfills only the weak-form sustainability. Most importantly, results from a fiscal sustainability model which incorporates revenues from oil and gas exports, do not strongly support the view that fiscal process is sustainable. Some policy-implications follow from these findings.



Green Fiscal Reform For A Sustainable Future


Green Fiscal Reform For A Sustainable Future
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Author : Natalie P. Stoianoff
language : en
Publisher:
Release Date : 2016

Green Fiscal Reform For A Sustainable Future written by Natalie P. Stoianoff and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Environmental impact charges categories.


This timely book focuses on achieving a sustainable future through the reform of green fiscal policy. Green fiscal policies help not only provide the needed financing but may also serve the Sustainable Development Goals adopted by the United Nations in 2015. In this volume environmental tax experts review the development of fiscal carbon policy, consider the impact of green taxation on trade and competition, analyze the lessons learned from national experiences with fuel and energy pricing, and evaluate a variety of green economic instruments. A comprehensive range of green economic instruments is evaluated, covering emissions trading schemes, energy tax systems, global natural resource consumption taxes and fiscal intervention. The contributions from leading environmental taxation scholars consider thought-provoking innovations in policy and law to deal with climate change and explore a range of fiscal strategies designed to mitigate the negative and maximise the positive effects of a carbon economy. This is a vital reference work for students and academics in environmental law, economics and sustainability, and will serve as an excellent guide for policy makers and those involved in fiscal reform. Contributors include: C. Brandimarte, J. Bruha, H. Bruhová-Foltýnová, L. del Federico, A. Gerbeti, S. Giorgi, E. Guglyuvatyy, S.-A. Joseph, C. Kettner, D. Kletzan-Slamanig, D. Leary, Y. Motoki, A. Naito, P. Pearce, V. Písa, N.P. Stoianoff, S.L. Tan, X. Wang, S. Wright, J. Wu, Z. Yang



Fiscal Sustainability Of Health Systems Bridging Health And Finance Perspectives


Fiscal Sustainability Of Health Systems Bridging Health And Finance Perspectives
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2015-09-24

Fiscal Sustainability Of Health Systems Bridging Health And Finance Perspectives written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-24 with categories.


The health systems we enjoy today, and expected medical advances in the future, will be difficult to finance from public resources without major reforms. Public health spending in OECD countries has grown rapidly over most of the last half century. These spending increases have contributed to ...



Fiscal Policy And Long Term Growth


Fiscal Policy And Long Term Growth
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2015-04-20

Fiscal Policy And Long Term Growth written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-20 with Business & Economics categories.


This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.



Public Debt Sustainability In Developing Asia


Public Debt Sustainability In Developing Asia
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Author : Benno Ferrarini
language : en
Publisher: Routledge
Release Date : 2012

Public Debt Sustainability In Developing Asia written by Benno Ferrarini and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Business & Economics categories.


Addressing the global financial crisis has required fiscal intervention on a substantial scale by governments around the world. The consequent buildup of public debt, in particular its sustainability, has moved to center stage in the policy debate. If the Asia and Pacific region is to continue to serve as an engine for global growth, its public debt must be sustainable. Public Debt Sustainability in Developing Asia addresses this issue for Asia and the Pacific as a whole as well as for three of the most dynamic economies in the region: the People’s Republic of China, India, and Viet Nam. The book begins with a discussion of the reasons for increased attention to debt-related issues. It also introduces fiscal indicators for the Asian Development. Bank’s developing member countries and economies. The sustainability of their debt is assessed through extant approaches and with the most up-to-date data sources. The book also surveys the existing literature on debt sustainability, outlining the main issues related to it, and discusses the key implications for the application of debt sustainability analysis in developing Asia. Also highlighted is the importance of conducting individual country studies in view of wide variations in definitions of public expenditure, revenues, contingent liabilities, government structures (e.g., federal), and the like, as well as the impact of debt on interest rates. The book further provides in-depth debt sustainability analyses for the People’s Republic of China, India, and Viet Nam. Public Debt Sustainability in Developing Asia offers a comprehensive analytical and empirical update on the sustainability of public debt in the region. It breaks new ground in examining characteristics that are crucial to understanding sustainability and offers richer policy analysis that should prove useful for policymakers, researchers, and graduate students.



Development Centre Seminars Achieving Financial Stability In Asia


Development Centre Seminars Achieving Financial Stability In Asia
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2000-06-28

Development Centre Seminars Achieving Financial Stability In Asia written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-06-28 with categories.


Achieving Financial Stability in Asia sets out to identify the elements which could restore confidence to the countries of the region and stabilise financial flows on a global basis. Thus, measures must be taken which include improving public and ...



Malaysia Baru English Version


Malaysia Baru English Version
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Author : Wan Azizah Wan Omar
language : en
Publisher: Jabatan Penerangan
Release Date : 2020-01-02

Malaysia Baru English Version written by Wan Azizah Wan Omar and has been published by Jabatan Penerangan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-01-02 with Business & Economics categories.


WHEREBY OUR COUNTRY, MALAYSIA Nurtures the ambitions of: 1. Achieving and fostering better unity amongst the society 2. Preserving a democratic way of life 3. Creating a just society where the prosperity of the country can be enjoyed together in a fair and equitable manner 4. Ensuring a liberal approach towards the rich and varied cultural traditions 5. Building a progressive society that will make use of science and modern technology