scholarly journals BRIDGING THE SUPPLY AND DEMAND GAP FOR AFFORDABLE HOME OWNERSHIP IN MALAYSIA: THE ROLES OF GOVERNMENT AND FINANCIAL INSTITUTIONS

2019 ◽  
Vol 17 (9) ◽  
Author(s):  
Rosylin Mohd Yusof ◽  
Shazida Jan Mohd Khan ◽  
Fauziah M. Yusuf ◽  
Nurul Huda Abdul Majid

Promoting homeownership remains a conundrum in a developing economy in Malaysia. Despite significant initiatives pursued by the government, more needs to be done to promote affordable and sustainable homeownership further. Khazanah Report (2018) provides evidence that housing affordability in Malaysia is worsening compared to one reported in 2015.This study therefore aims to empirically assess the role of government in terms of designing policies to promote the supply of affordable homes and the role of financial institutions in terms of providing home financing. The finding reveals that existing housing policies and government programmes have a significant role in promoting homeownership. The finding further suggests that building and completing more units of affordable homes (as captured by housing stocks) and promoting innovative home financing products (both conventional and Islamic) are the most significant variables in promoting homeownership in Malaysia.

2014 ◽  
Vol 59 (03) ◽  
pp. 1450025 ◽  
Author(s):  
SOCK-YONG PHANG ◽  
DAVID LEE ◽  
ALAN CHEONG ◽  
KOK-FAI PHOON ◽  
KAROL WEE

The Singapore housing market is unusual in its high homeownership rate, the dominance of HDB housing, and the extensive intervention of the government in regulating housing supply and demand in both the HDB and private housing sectors. Recent rapid population increases in a low interest rate and high global liquidity environment has resulted in accelerated house prices increases in Singapore. Earlier this year, the government launched "Our Singapore Conversation" of which discussion on housing policies constitutes one major component. This "conversation" comes in the wake of several consecutive rounds of measures to stabilize housing prices using various instruments. This paper evaluates the main policy changes proposed and makes recommendations for housing market reforms: (i) the government need to clarify goals of housing policies and make available more detailed data on the foreign component of our population for better analysis of housing markets; (ii) the housing supply regime should target an overall effective vacancy rate that encompasses both the Housing and Development Board (HDB) and private sector; (iii) policy makers need to monitor carefully excess demand indicators for housing in addition to housing affordability indicators over the entire spectrum of incomes and household types; (iv) housing REITs should be established to provide an alternative investment option as well as to develop an efficient and affordable rental sector; and (v) in addition to macroprudential measures, owner-occupancy requirements and fiscal measures such as stamp duties and property taxes could be further utilized to reduce the foreign demand for Singapore housing and real estate.


Author(s):  
Amrit Patel

For India, droughts and floods in one or the other parts of the country are regular features every year. History records 24 major drought years during 121 years from 1891 to 2012 that include 15 droughts since country’s independence. The year 2015-16 [July-June] was predicted to be a drought year since the India Meteorological Department had projected 88% of normal monsoon rainfall. This is expected to produce 253.16 million tons of food output much less than 265.04 million tons in 2013-14.According to the latest press reports in April-May 2016 already quarter of the country, 313 districts, 1,58,205 villages and 4,44,281 dwellings in 12 States have been hit hard drying up traditional source of drinking water too as on end-April 2016.Coping with drought requires meticulous planning to conserve rainwater and economize on its use. Water-guzzling crops like sugarcane, paddy and even hybrid cotton need to be discouraged in water-stressed area. Around 15.38% of 650 billion cubic meters [BCM] water available for irrigation is used by sugarcane (the crop uses water from reservoirs as well as groundwater), which is planted on no more than 2.5% of India’s farmland. Sugarcane uses a disproportionate amount of water. This paper focuses the need to make the role of the Government and rural financial institutions effective to minimize impact of drought and suggests the strategic action plan to harness the available irrigation potential including recycling the use of wastewater and improving water use efficiency through micro-irrigations schemes with the support of institutional credit.


2020 ◽  
Vol 7 (9) ◽  
pp. 1755
Author(s):  
Faisal Rusdi ◽  
Tika Widiastuti

ABSTRAKIbnu Khaldun dan Ibnu Taimiyyah merupakan dua tokoh ekonomi islam dengan pemikiran yang sangat luar biasa. Ibnu Taimiyyah yang hidup sebelum Ibnu Khaldun tenah menyatakan pemikirannya mengenai mekanisme pasar tentang harga yang adil, bagaimana permintaan dan penawaran merupakan kealamian dari mekanisme pasar namun tetap memperhatikan peran pemerintah dalam ekonomi terutama lembaga hisbah sebagai pengawas pasar untuk menghindari kedzaliman di pasar dan harus melakukan intervensi. Ibnu Khaldun yang hidup setelah masa Ibnu Taimiyyah yaitu pada tahun 732 H/1332 M, telah mengemukakan dan mengembangkan pemikirannya mengenai mekanisme pasar lalu pengaruh permintaan dan penawaran pada harga di pasar dan peran pemerintah dalam berekonomi. Dalam penelitian ini akan melihat bagaimana pemikiran Ibnu Khaldun dan Ibnu Taimiyyah dalam menyikapi harga dalam jual beli di pasar, karena jauh sebelum pemikir ekonomi barat lahir, Ibnu Khaldun dan Ibnu Taimiyyah telah menganalisis. Tujuan dari penelitian ini adalah mengetahui serta mengomparasi pemikiran dari Ibnu Khaldun dan Ibnu Taimiyyah mengenai kebijakan harga dalam jual beli di pasar dan melihat mana yang lebih relevan dilakukan pada masa sekarang ini. Dan hasil dari penelitian ini adalah, dalam pemikiran Ibnu Khaldun lebih banyak melihat fenomena interaksi pasar berupa terjadinya permintaan dan penawaran dan dari Ibnu Taimiyyah memiliki pemikiran lebih kompleks baik dari mekanisme pasar dan peran pemerintah dalam kegiatan jual beli di pasar, serta lebih relevan dilakukan pada masa sekarang ini.Kata Kunci: Ibnu Khaldun, Ibnu Taimiyyah, Harga, Mekanisme Pasar, Permintaan, Penawaran, Pemerintah ABSTRACTIbn Khaldun and Ibn Taimiyah were two Islamic economic figures with remarkable thought. Ibn Taimiyyah who lived before Ibn Khaldun expressed his thoughts on the market mechanism of fair prices, how demand and supply are natural from the market mechanism but still pay attention to the role of the government in the economy, especially the Hisbah institution as a market supervisor to avoid in the market and must intervene. Ibn Khaldun who lived after the time of Ibn Taimiyyah, in 732 H/1332 AD, has raised and developed his thoughts on the mechanism of the market and then the influence of demand and supply on the market price and the role of the government in economics. In this study will see how the thought of Ibn Khaldun and Ibn Taimiyyah in addressing the price in buying and selling in the market, because long before Western economic thinkers were born, Ibn Khaldun and Ibn Taimiyyah had analyzed. The purpose of this study is to find out and to compare the thoughts of Ibn Khaldun and Ibn Taimiyyah regarding the price policy in buying and selling in the market and see which is more relevant to do in the present time. And the results of this study is, in the thought of Ibn Khaldun more to see the phenomenon of market interaction in the form of demand and supply and from Ibn Taimiyyah have more complex thinking both of market mechanisms and the role of government in buying and selling activities in the market, as well as more relevant in the present time.Keywords: Ibnu Khaldun, Ibnu Taimiyyah, Price, Market Mechanism, Supply and Demand, Government


1992 ◽  
Vol 26 (7-8) ◽  
pp. 1915-1920
Author(s):  
D. Kinnersley

The scope for involving private capital participation in wastewater treatment and pollution control is attracting attention in a number of countries. After noting briefly some influences giving rise to this trend, this paper discusses frameworks in which such participation may be developed. In some aspects, there are choices available and it is essential to shape the private participation appropriately to the community's situation and problems, with due recognition of the hazards also involved. In other aspects, policy choices are more constrained, and there are requirements which it is suggested all private participation frameworks should provide for as clearly as possible. Effective private participation generally depends on re-designing and strengthening the role of government as the scale of its former role is reduced. Getting this re-design of the government role right is at least as important as making appropriate choices for format of private participation.


2020 ◽  
Vol 31 (3) ◽  
pp. 285-300
Author(s):  
Abhinav Alakshendra ◽  
Arjun Kumar ◽  
Simi Mehta

India is urbanizing at an alarming rate and the impact of climate change is becoming more visible each passing day. The rapid urbanization and climate change have severe direct and indirect consequences, such as increasing poverty, inequality, massive displacement, public health concerns, and challenges of urban governance, among others. This paper identifies some of the most pressing issues faced by urban India in the context of climate change. It also details the interventions undertaken at the local, national, and international levels to counter the effect of the climate change. In addition, it critically evaluates the role of government organizations, especially in terms of undertaking regulatory and planning functions. The paper argues that the implementation of institutional reforms would enable the government to reach out to the private sector to improve urban service delivery. It also provides examples of best practices from India and the world in combating climate change through adaptation and mitigation approaches.Abstrak. India mengalami urbanisasi pada tingkat yang mengkhawatirkan dan dampak perubahan iklim menjadi terlihat setiap hari. Urbanisasi yang cepat dan perubahan iklim memiliki konsekuensi langsung dan tidak langsung yang parah, seperti antara lain meningkatnya kemiskinan, ketimpangan, pengungsian besar-besaran, masalah kesehatan masyarakat, dan tantangan tata kelola kota. Makalah ini mengidentifikasi beberapa masalah paling mendesak yang dihadapi oleh perkotaan India dalam konteks perubahan iklim. Makalah ini juga merinci intervensi yang dilakukan di tingkat lokal, nasional, dan internasional untuk melawan dampak perubahan iklim. Selain itu, secara kritis makalah ini mengevaluasi peran organisasi pemerintah, terutama dalam menjalankan fungsi pengaturan dan perencanaan. Makalah ini berpendapat bahwa pelaksanaan reformasi kelembagaan akan memungkinkan pemerintah menjangkau sektor swasta untuk membantu meningkatkan pelayanan perkotaan. Makalah ini juga memberikan contoh praktik terbaik dari India dan dunia dalam memerangi perubahan iklim melalui pendekatan adaptasi dan mitigasi.Kata kunci. Urbanisasi, perubahan iklim, keterkaitan, tata kelola kota, mitigasi.


Author(s):  
Bambang Dradjat ◽  
Herman Herman

This research focussed on the export development of cocoa bean with respect to its export growth, values and competitiveness. Based on this deve-lopment, the aim of this research is to propose alternative development strategies of export business for cocoa bean in the future. The Analysis Hierarchie Process (AHP) framework of export business of cocoa bean was arranged consecutively from formulation of focuss or goals, identification of affecting factors and actors, deter mination of actor objectives, and recognition of alternative strategies needed. Each component of goals, factors, actors, objectives, and alternative strategies were valued on the basis of their importance using Saaty scales. Results of interviews with experts were analyzed using AHP technique. The development of cocoa bean export from 2000 to 2006 showed the competitiveness position of Indonesia in the world market was fairly good. In order to increase the growth and values of cocoa bean export, the experts consider the role of government as regulators and facilitators is very important. The government became the main actor for the export development through de/regulation related to the cocoa bean commodity. The objectives of actors could be achieved by combining strategies (i) provision of fund in national and regional budget, as well as other sources (ii) implementation of recomended technologies of cocoa, (iii) acceleration of replanting program, (iv) improvement of research productivity in producing high yielding plant materials, (v) development of transportation facilities from farms to harbours, (vi) development of farmers’ organization and partnerships as well as strategic alliance, and (viii) pests and diseases control. Key words: Cocoa bean, expor, role of government, objectives and strategies.


2020 ◽  
Vol 5 (1) ◽  
pp. 59-65
Author(s):  
Ardyan Firdausi Mustoffa ◽  
Ika Farida Ulfah ◽  
Iin Wijayanti

This study aims to describe the role of local government and the participation of Micro, Small and Medium Enterprises in the development of Plastic Woven Crafts in Karanggebang Jetis Village, Ponorogo Regency. The theory used in the formulation of the first problem regarding the role of local government uses the theory of Gede Diva (2009) which divides the role of government in three ways, namely the role of government as a facilitator, the role of government as regulator and the role of government as a catalyst. Second, the participation of UMKM actors uses the theory of Cohen and Uphoff in Distianto (2016) into four forms of participation, namely participation in planning, participation in implementation, participation in the utilization of results and finally participation in evaluation.This research uses the descriptive qualitative method. The technique of determining informants using purposive sampling techniques and data collection techniques carried out through interviews, observations, and documentation. The results of this research in the efforts to develop UMKM Plastic Weaving Crafts in Karanggebang Jetis Village, Ponorogo Regency, in general, there has been no interference from the government and UMKM entrepreneurs. So far, plastic woven crafts are still not developed. To develop UMKM especially plastic woven handicrafts located in Karanggebang Jetis, it is necessary to have the role of government and participation of UMKM actors.


2017 ◽  
Vol 5 (2) ◽  
pp. 23-28
Author(s):  
Cucu Solihah

The commitment in building Indonesia as a prosperous country gives consequence to the role of government in prospering the community. It is conducted by empowering the programs having potency of financial sources for developing this state. Beside the tax as the financial source of state development, the government enforces the policy of zakat management.  The policy is the act number 23 in 2011 concerning zakat management in which the fund derives from the national / regional budget. In this case, the national or regional zakat council manages the zakat management. It is expected, it can help the process of state development and be a media in improving the social welfare as one of the government’s roles


2015 ◽  
Vol 5 (2) ◽  
Author(s):  
Aslam Aslam ◽  
Abdul Kadir Adys ◽  
Rudi Hardi

This study discusses the role of government in curbing illegal mining of nickel in North Kolaka. The method used in this study is a qualitative description of the approach. Data collection techniques in this research is observation, interview and documentation. The results showed that: The government's role in the nickel curb illegal mining of all functions is still very weak both in setting / regulation, services, community development, asset management functions of State and public safety, order, security, and protection; Inhibiting factors for the Government to curb illegal mining namely: lack of government coordination, no oversight, public apathy and lack of awareness of the mine owners. The factors supporting government's role in curbing illegal mining nickel miner and openness is the attitude of the community greatly assist the government.  Penelitian ini membahas tentang peran pemerintah dalam menertibkan pertambangan ilegal nikel di Kabupaten Kolaka Utara.  Metode yang digunakan dalam penelitian ini adalah pendekatan deskripsi kualitatif. Teknik pengumpulan data dalam penelitian ini adalah observasi, wawancara mendalam dan dokumentasi. Hasil penelitian menunjukkan bahwa: Peran pemerintah dalam menertibkan pertambangan nikel illegal dari semua fungsi masih sangat lemah baik dalam pengaturan/regulasi, pelayanan, pemberdayaan masyarakat, pengelolaan asset Negara maupun dari fungsi keamanan, ketertiban, pengamanan, dan perlindungan; Faktor penghambat bagi pemerintah dalam menertibkan pertambangan illegal yakni: tidak adanya koordinasi pemerintah, tidak ada pengawasan, sikap apatis masyarakat serta kurangnya kesadaran pemilik tambang. Sedangkan faktor pendukung peran pemerintah dalam penertiban pertambangan nikel illegal adalah sikap penambang dan keterbukaan masyarakat sangat membantu pemerintah.


Author(s):  
Michael Oluf Emerson ◽  
Kevin T. Smiley

Chapter 3 discusses government in the two cities in four sections. First, we do not take for granted what government is supposed to do but instead analyze how leaders consider the role of government in the first place. Second, we discuss the priorities that rank highest on their priorities rubric for the government. Third, we discuss how they pay for city services by examining budgets and tax structures. Finally, we look outside government to see how much of what is public is accomplished by nongovernmental actors, especially in Market Cities. Through all of these, we show how Copenhagen has a much wider and collective imprint on what government should do than does the Market City of Houston.


Sign in / Sign up

Export Citation Format

Share Document