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Impact on poverty and income inequality in Malaysia’s economic growth


Islam, Rabiul and Abdul Ghani, Ahmad Bashawir and Zainal Abidin, Irwan Shah and Rayaiappan, Jeya Malar (2017) Impact on poverty and income inequality in Malaysia’s economic growth. Problems and Perspectives in Management, 15 (1). pp. 55-62. ISSN 1727-7051

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Abstract

Poverty and income inequality are extreme issues that still exist in Malaysia. Any rise in poverty and income inequality definitely affect economic growth. There are many great efforts taken by the government of Malaysia to eradicate poverty and to reduce the gap of income inequality which occurs since 1970’s. The incidence of poverty and income inequality is higher in rural areas compared to urban areas. This paper is mainly to study the level of poverty and income inequality in Malaysia together with government intervention to develop Malaysia’s economic growth. The research is focused among the working people at Ipoh, Perak. In this paper, questionnaire forms are being distributed to get information regarding the issue of poverty and income inequality. It also looks into the strategies taken by the government of Malaysia to eradicate poverty and income inequality. Few recommendations are given in terms of education policy, financial aid and assistance from government and non-government organization (NGO) to upgrade the standard and quality of living among the poor and lower-income group of people.

Item Type: Article
Subjects: H Social Sciences > HC Economic History and Conditions
Divisions: School of International Studies
Depositing User: Mrs. Norazmilah Yaakub
Date Deposited: 17 Feb 2019 02:45
Last Modified: 17 Feb 2019 02:45
URI: http://repo.uum.edu.my/id/eprint/25604

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