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RESEARCH
This is an extensive empirical study on the feasibility of Shared Prosperity Vision in addressing the economic gaps within Malaysia’s society and holistically growing the nation to become a united, prosperous and developed nation. The study also provides evidence-based strategy recommendations for the Government of Malaysia to ensure that the vision equitably affects and impacts all Malaysians regardless of income level, ethnicity or geography.
This study proposes a set of requirements for a decent standard of living. It constructs and computes the set of requirements and a minimum level of income needed to provide a decent standard of living for a single adult and household with and without children at the state level. A wage level that is in accordance with a decent standard of living income may yield positive spillover to the economy, such as reductions in employee turnover rates and improvements in employees’ morale and productivity.
The objectives of this study are two prongs: 1) To list down all the possible poverty lines that could be implemented in Malaysia; 2) To propose the alternatives for deprivation cut-offs used in Multidimensional Poverty Index (MPI) measurements. These indicators are crucial in monitoring the country’s progress towards shared prosperity and inclusive development hence the need to be revised so that they will reflect the current realities in Malaysia, and they will remain relevant for policymaking.
This study outlined current issues of affordable housing in Malaysia, as well as offer recommendations. In addition to that, this study also made an attempt to identify the resources required to fulfil 1 million affordable homes as aspired by the government. Essentially, the only way to resolve affordable housing issues is by building more houses at a lower cost. This study proposed measures to reduce housing price, via tackling the cost elements of houses. However, for this measure to succeed, the National Housing Board must be established and given full authorities to plan and deliver housing.
This study provides strategies to strengthen economic hotspots in order to achieve well-balanced economic growth across regions. The study begins with the discussion of the economic performance of regional and state in addressing income disparity. It then highlights issues and challenges of potential thriving economic hotspots and finally proposes recommendations for the way forward.
This study examines the development challenges faced by Sabah and Sarawak. We studied its economic growth, basic infrastructure, unfavourable policies, development challenges faced by Orang Asal, including statelessness as well as identified key recommendations to address the development challenges.
This study assesses the situation surrounding the Malaysian labour market. Workers are strained under low compensation for their employment, the youth are facing underemployment, and an increasing number of low skilled foreign workers. Several priority areas for improving the labour market were identified and detailed in this study.