scholarly journals Inflation Everywhere is a Monetary Phenomenon: An Introductory Note

2006 ◽  
Vol 45 (2) ◽  
pp. 179-183
Author(s):  
Nadeem Ul Haque ◽  
Abdul Qayyum
Keyword(s):  
Resource Allocation ◽  
Commodity Prices ◽  
Relative Price ◽  
Policy Makers ◽  
The Poor ◽  
Support Price ◽  
Optimal Resource ◽  
The Rich ◽  
The Government ◽  
Development Resource

Ever since the 1970s, when inflation became a virtually global phenomenon, controlling inflation has become a high priority for policy-makers. Given the well-known costs of inflation, policy now in all countries is inflation-averse. Perhaps one of the more important adverse consequences of inflation may be that high and persistent inflation is a regressive tax1 which adversely impacts the poor.2 The poor are extremely limited in their options to protect themselves against inflation; they are normally asset-poor, while most of their saving is in the form of cash. Inflation erodes cash savings and protects the rich who hold real assets.3 It is not surprising that inflation may be politically costly for the government. Studies have also found that high and volatile inflation has been detrimental to growth and financial sector development. Resource allocation is inhibited as inflation obscures relative price changes and thus inhibits optimal resource allocation. For policy to control inflation, it is important to understand the factors that drive inflation. Unquestionably, empirical evidence points to “inflation being always and everywhere a monetary phenomenon” [Friedman (1963)]. However, there still remains some debate on whether supply-side factors could cause inflation without monetary accommodation.4 The structuralist school of thought holds that supply constraints that drive up prices of specific goods can have wider repercussions on the overall price level. Similarly, there are a number of possible sources of rising costs such as wages, profits, imported inflation-exchange rate, commodity prices, external shocks, exhaustion of natural resources, and taxes. For example, in Pakistan, increases in the wheat support price have frequently been blamed for increasing inflation.5 ........

The Distribution Mechanism of Subsidized Liquid Petroleum Gas in Sajad District West Kalimantan: An Investigation Based on Islamic Law

2021 ◽  
Vol 15 (1) ◽  
pp. 1-18
Author(s):  
Zarul Arifin
Keyword(s):  
Islamic Law ◽  
Small Business Owners ◽  
Government Regulations ◽  
West Kalimantan ◽  
Official Price ◽  
The Poor ◽  
Rich People ◽  
The Rich ◽  
The Government ◽  
Initial Survey

This research is based on an initial survey of the distribution of subsidized 3-kg LPG which I think is not right on target because it is full of fraudulent practices. In distributing LPG, it was found that many rich people still buy subsidized 3-kg LPG. In fact, according to government regulations, 3-kg LPG is intended for the poor economic community or small business owners. The problem that is the focus of this research is how the mechanism for distributing 3-kg LPG is in Sajad Regency, and how is the law on selling 3-kg LPG for the rich when viewed according to Islamic law. To answer these questions, data collection techniques were carried out through observation and interviews. The results of this study are 1) the distribution of 3-kg LPG is not in accordance with government regulations, namely the distribution of LPG prioritizes people who can afford it above the official price, while the poor can only get a small part of the official government price/national subsidy price, so there are more stock for sale at more expensive than the official price. 2) If viewed from Islamic law, the distribution of 3-kg LPG is not in accordance with the sharia business method because it is carried out by ignoring government regulations, namely traders are considered to have broken an agreement with the government regarding price determination. In addition, this buying and selling practice also lacks supervision, no sanctions and no law enforcement to maintain subsidy prices so that many sellers dare to violate contracts with the government and violate government regulations.

scholarly journals Sinergi Pelayanan Zakat dan Pajak Dalam Upaya Mengurangi Kemiskinan

2017 ◽  
Vol 16 (32) ◽  
Author(s):  
Jumi Herlita
Keyword(s):  
Public Awareness ◽  
The State ◽  
Tax Collection ◽  
Economic Problems ◽  
The Poor ◽  
The Rich ◽  
The Government

Zakat and taxes are two important sources of funding for the state. Both function to solve economic problems and reduce poverty in the community. But in reality the function of zakat and tax can not be optimal. BAZNAS and LAZ as an extension of the government in managing zakat can not be maximized in the collection of zakat funds as well as taxes. Although the nature of the tax is not specific to the poor, but also to the rich, but in fact the existence of taxes have not been able to solve poverty in Indonesia. Therefore it is necessary solution to synergize zakat and tax in order to increase zakat and tax collection. With bersinerginya zakat and taxes are expected to increase public awareness to pay zakat and taxes that can eventually be used to reduce poverty.

scholarly journals Invisible inequality leads to punishing the poor and rewarding the rich

2019 ◽  
pp. 1-21 ◽  
Author(s):  
OLIVER P. HAUSER ◽  
GORDON T. KRAFT-TODD ◽  
DAVID G. RAND ◽  
MARTIN A. NOWAK ◽  
MICHAEL I. NORTON
Keyword(s):  
New York ◽  
Public Education ◽  
School Districts ◽  
New York School ◽  
Public Goods Game ◽  
Policy Makers ◽  
The Poor ◽  
The Us ◽  
The Rich ◽  
Shed Light

AbstractFour experiments examine how lack of awareness of inequality affect behaviour towards the rich and poor. In Experiment 1, participants who became aware that wealthy individuals donated a smaller percentage of their income switched from rewarding the wealthy to rewarding the poor. In Experiments 2 and 3, participants who played a public goods game – and were assigned incomes reflective of the US income distribution either at random or on merit – punished the poor (for small absolute contributions) and rewarded the rich (for large absolute contributions) when incomes were unknown; when incomes were revealed, participants punished the rich (for their low percentage of income contributed) and rewarded the poor (for their high percentage of income contributed). In Experiment 4, participants provided with public education contributions for five New York school districts levied additional taxes on mostly poorer school districts when incomes were unknown, but targeted wealthier districts when incomes were revealed. These results shed light on how income transparency shapes preferences for equity and redistribution. We discuss implications for policy-makers.

Environmental characteristics and organizational ideology: UNCTAD—the lessons of 1964

1978 ◽  
Vol 4 (2) ◽  
pp. 135-160
Author(s):  
Javed A. Ansari
Keyword(s):  
Third World ◽  
Commodity Prices ◽  
Trade Policies ◽  
Poor Countries ◽  
Negotiated Settlement ◽  
The Third ◽  
The Poor ◽  
The Rich ◽  
The Third World ◽  
Rich Countries

THE United Nations Conference on Trade and Development came nto existence in 1964. Its creation was viewed with a degree of cautious enthusiasm by the Third World and with a certain amount of apprehension by the rich countries. Its performance has dampened the enthusiasm and heightened the apprehension. Its contribution to substantive changes in trade policies has not been spectacular. Whatever improvement in commodity prices and hence in the terms of trade of the poor countries that occurred in the early 1970s was attributable to fortuitous circumstances – not to a negotiated settlement between the rich and poor countries, enabling the latter to retain a larger portion of the gains from trade. Can we3 therefore3 say that UNGTAD has been ineffective? That it has failed to perform its global task? And if so, what is the cause of this failure? Is the organizational ideology unsuitable in the sense that it is not representative of the national objectives of viable coalitions among UNGTAD constituents? Or has the leadership failed to evolve a strategy which links the pursuit of specific sub-goals to the transformation of the system in accordance with the organizational ideology? This present paper attempts to look at the first question and to venture an opinion on the effectiveness of UNGTAD in the light of these findings.

scholarly journals APAKAH PEMBENTUKAN HOLDING MENINGKATKAN KINERJA PERUSAHAAN ? ANALISIS PERBANDINGAN KINERJA ANAK PERUSAHAAN ABC BUMN HOLDING SEBELUM DAN SETELAH HOLDINGISASI DAN FAKTOR YANG MEMPENGARUHINYA

2019 ◽  
Vol 9 (2) ◽  
pp. 251
Author(s):  
Bambang Utoyo
Keyword(s):  
Financial Performance ◽  
Commodity Prices ◽  
Poor Performance ◽  
The Poor ◽  
Before And After ◽  
Sugar Mills ◽  
The Government ◽  
The Cost ◽  
Better Than ◽  
Non Parametric

Abstract: The government has established ABC BUMN Holding, with the hope that the performance of its subsidiaries' performance after holding has increased sharply. Unfortunately the financial performance of its subsidiaries is no better than before the holding. This study is intended to analyze the performance of ABC BUMN subsidiaries before and after holding and look for factors that affect their performance, with non-parametric statistical methods and discussions with experts. The results showed that the poor performance of subsidiaries was partly due to the focus of the holding Directors still on restructuring the debt of subsidiaries which were carried out before the establishment of holding, the low productivity of plantations as a result of late replenting, fertilization and maintenance that are not in accordance with the standard, the cost of revitalizing sugar mills has not been able to be prepared by the holding, the synergy between the parent company and its subsidiaries has not gone well, and there has been a tendency to decline in plantation commodity prices. Keywords: Holding, financial performance, low productivity of plantation,  statistic non parametric. Abstrak :Pemerintah telah membentuk ABC BUMN Holding, dengan harapan kinerja anak perusahaan setelah dilakukan holding meningkat secara tajam. Sayangnya kinerja keuangan anak perusahaannya tidak lebih baik dari sebelum holding. Penelitian ini dimaksudkan untuk menganalisis kinerja anak perusahaan ABC BUMN sebelum dan setelah holding dan mencari faktor yang memengaruhi kinerjanya, dengan metode statistic non parametric dan diskusi dengan pakar. Hasil penelitian menunjukkan bahwa belum baiknya kinerja anak perusahaan antara lain disebabkan fokus Direksi holding masih pada restrukturisasi hutang anak perusahaan yang terbawa dari sebelum pembentukan holding, rendahnya produktivitas perkebunan sebagai dampak terlambat replenting, pemupukan dan pemeliharaan yang tidak sesuai standar, besarnya biaya revitalisasi pabrik gula yang belum mampu disiapkan oleh holding, sinergi antara perusahaan induk dan anak perusahaan belum berjalan dengan baik, dan adanya kecenderungan turunnya harga komoditas perkebunan. Kata kunci: Holding, Kinerja keuangan, rendahnya produktivitas perkebunan, statistic non parametric.

Research on Fostering Urban Community Organizations

2018 ◽  
Vol 10 (1) ◽  
pp. 134-160
Author(s):  
Ying Lan
Keyword(s):  
Resource Allocation ◽  
Community Organizations ◽  
Democratic Governance ◽  
Self Organization ◽  
Self Management ◽  
Primary Level ◽  
Limited Government ◽  
The Poor ◽  
The Government

Abstract With continuous expansion of cities, the contradiction between the limited government resources and residents’ diverse needs grows increasingly prominent and the urban government at the primary level faces mounting pressure. It has become an important attempt to address the tough issues of the community and reduce the government pressure to incubate and foster community organizations which help the residents to achieve self-organization, self-management and self-satisfaction. Over recent years, the practice across the country reveals various problems in the fostering of community organizations, like the difficulties in fostering them, the poor sustainability and being more in name than in reality. The article conducts a case study of the success of Community Y in Beijing to illustrate its experiences in fostering community organizations and presents the path for the fostering of such organizations. Proceeding from the residents’ needs, it makes the community organizations into responsible subjects, increases its capacity for resource allocation and thus achieves the objective of democratic governance of the organization.

Community organising for social change: the scope for class politics

2016 ◽  
Author(s):  
Marilyn Taylor ◽  
Mandy Wilson
Keyword(s):  
Social Change ◽  
Class Politics ◽  
The Poor ◽  
The Rich ◽  
The Government

Launched in England in 2010, the government-funded Community Organisers Programme was one of a number of initiatives claiming to put power back in the hands of people. However, it was introduced at the same time as the government was introducing a range of austerity policies, and the divide between the rich and the poor was growing ever greater. This chapter explores the Community Organisers Programme’s approach and the extent to which issues of class have featured in its approach and practice.

scholarly journals Alleviating Poverty

2015 ◽  
Vol 28 (1) ◽  
Author(s):  
Ajay Phatak
Keyword(s):  
Standard Of Living ◽  
Policy Makers ◽  
The Poor ◽  
The World ◽  
Employment Generation ◽  
The Rich ◽  
The Difference ◽  
Viable Approach ◽  
The Masses ◽  
The Impact

This essay is focused on an important subject discussed all over the country and the world, especially in political circles and among policymakers. There is a need established that to be able to pull individuals and communities out of poverty, we need that, meaningful employment is generated for a very large number of people. World over, certain approaches have been used by the policy makers which seem to increase the divide between the haves and have-nots. The policy of industrialization is leading nations into widening the gap between rich and the poor. It is also creating undesirable side effects by way of ‘pollution’ and depletion of resources at an ever increasing pace. This situation leads to the author’s belief that something is not right. Such policies will not lead to sustainable livelihoods for masses. Hence this attempt to explore alternative policies, which could provide a viable approach to alleviating poverty. Poverty alleviation is indeed a noble goal. All of us must also be seriously concerned about the difference in the standard of living between the rich and the poor. Moreover, our objective must be to see how the masses can live well and peacefully. Around the world and within our country, being unemployed is not the best state to be in. Employment in this context is gainful occupation. The impact of such unemployment has been disastrous. This has led to militancy on one hand and ongoing unrest in many a city on the other. The way forward, as proposed since many decades and being followed incessantly, is “consumerism” to help us get out of this mess. Industrial mode of employment generation has been linked to production and productivity. But all aspects of Industrial production are linked to use of natural resources to produce intermediate goods. This means any additional employment generated would dip further into the natural resource reserves. Can one think of a very different model of generating employment? Employment which does not dip into the reserves? Employment that can restore biological resources? There seems to be an opportunity for more thinking at the policy level to understand the root causes of unemployment and how we can tackle these for creating employment that can sustain, resulting in sustainable elimination of poverty.

scholarly journals Trade and Real Wages of the Rich and Poor: Cross-Region Evidence

2018 ◽  
Author(s):  
Zheli He
Keyword(s):  
Wage Inequality ◽  
Real Wage ◽  
Price Index ◽  
Relative Price ◽  
Nominal Wage ◽  
Unified Framework ◽  
Real Wages ◽  
The Poor ◽  
Worker Heterogeneity ◽  
The Rich

Trade liberalization affects real-wage inequality through two channels: the distribution of nominal wages across workers and, if the rich and the poor consume different bundles of goods, the distribution of price indices across consumers. I provide a unified framework incorporating both channels by allowing for non-homothetic preferences and worker heterogeneity across jobs. Because skill-intensive goods are also high-income elastic in the data, I find an intuitive, previously unexplored, and strong interaction between the two channels. I parametrize the model for 40 regions using sector-level trade and production data, and find that trade cost reductions decrease the relative nominal wage of the poor and the relative price index for the poor in all regions. On net, real-wage inequality falls everywhere.

scholarly journals The Demands for Outpatient Care in Private Hospitals

2012 ◽  
Vol 7 (5) ◽  
pp. 208
Author(s):  
Pujiyanto Pujiyanto
Keyword(s):  
Outpatient Care ◽  
Public Hospital ◽  
Private Hospital ◽  
Demand Elasticity ◽  
Private Hospitals ◽  
Factors Associated ◽  
The Poor ◽  
The Rich ◽  
The Government

Improvement of per capita income will boost the demand for outpatient care and lead enhanced expectation of service quality of hospital. People perceived that private hospital has better services than public hospital. Based on these, we assumed that private hospital users have particularcharacteristics. This study aimed to investigate factors associated with utilization of private hospitals for outpatient care and who get the benefits, the rich or the poor. This study used data of 42,540 respondents from IFLS-4 collected in 2007. Analyses showed the higher the income the higher the demand. Insured’s groups have higher demand than uninsured. Demand analyses revealed that increased price of private hospital caused higher demand. This evidence indicated that outpatient care of private hospital was perceived as luxuries goods. However increased price of public hospital didnot influence the demand of private hospital. It is indicate that private hospital has different type with patients of public hospital. It means that the two types of hospital comprise different segment of patients. The rich benefited more outpatient care in private hospital than the poor. It implies that the government should enforced Ministry of Health’s regulation on hospital social function.Keywords: demand, elasticity, outpatient care, private hospitalAbstrakPeningkatan pendapatan per kapita menaikkan permintaan rawat jalan dan harapan mutu pelayanan rumah sakit. Masyarakat memiliki persepsi pelayanan rumah sakit swasta lebih bermutu daripada rumah sakit pemerintah, sehingga terdapat asumsi pelanggan rumah sakit swasta mempunyaikarakteristik khusus. Tujuan studi ini adalah menginvestigasi berbagai faktor yang berhubungan dengan utilisasi rawat jalan dan kelompok yang mendapat manfaat. Studi ini menggunakan 42.540 responden rumah sakit swasta IFLS-4 tahun 2007. Semakin tinggi pendapatan semakin tinggi pulapermintaan, kelompok jaminan/asuransi mempunyai permintaan yang lebih tinggi daripada non-jaminan. Kenaikan tarif rawat jalan rumah sakit swasta yang dipersepsi masyarakat sebagai barang mewah meningkatkan permintaan. Namun, kenaikan tarif rawat jalan rumah sakit pemerintah tidak memengaruhi permintaan rawat jalan rumah sakit swasta. Hal tersebut mengindikasikan karakteristik pasien rumah sakit swasta yang berbeda dari rumah sakit pemerintah. Kelompok kaya mendapatkan manfaat rawat jalan rumah sakit swasta lebih besar daripada kelompok miskin. Untuk mengoreksikeadaan ini pemerintah perlu menegakkan peraturan menteri kesehatan tentang fungsi sosial rumah sakit.Kata kunci: permintaan, elastisitas, rawat jalan, rumah sakit swasta

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