Causality between government expenditure and revenue in Malaysia: a seasonal cointegration test

Article Abstract:

Seasonality has an impact on the relation between government spending and revenue in Malaysia, as is shown by an examination of data from 1970 and 1994. Seasonal cointegration is found to have a biannula frequency. An model can be set up with an correction for seasonal distortions, and this shows that an increase in government spending is linked to higher taxes over the short term. Government spending decisions thus affect the fiscal deficit, the tax burden, and public sector size and growth levels.

Government spending policy, Taxation, Public sector

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Swimming against the tide: crisis management in Malaysia

Article Abstract:

Malaysia's indecisiveness on managing the economic crisis has significantly affected its long-term recovery. Once considered as the best development success story among industrializing economies in East Asia, Malaysia had become vulnerable to speculative attacks. The country's failure to restore and promote investor confidence and address sources of vulnerability have significantly contributed to the country's poor economic and political performance.

Analysis, Crisis management, Depressions, Economic depressions

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Human resource development in Malaysia: A study of the government's role

Article Abstract:

The New Economic Policy (NEP) was formed to eradicate poverty, restructure Malaysian society and eliminate the identification of race with economic function. The NEP was replaced by the New Development Policy (NDP) which aimed to attain a balanced development. Early stringent public policies for social development have accelerated development and minimized disparities amongst ethnic groups/

Social planning

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