Public Expenditure and Income Distribution in Malaysia

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.