Najibnomics: Transforming Malaysia to a high-income nation

2016 ◽  
Author(s):  
Irwan Shah Zainal Abidin
Keyword(s):  
Economic Development ◽  
Prime Minister ◽  
Well Being ◽  
High Income ◽  
Sustainable Growth ◽  
Growth Trajectory ◽  
Economic Policies ◽  
Middle Income ◽  
New Approach ◽  
Knowledge Innovation

his book attempts to understand Najibnomics-economic policies advocated by the sixth Prime Minister of Malaysia, Datuk Seri Najib Tun Abdul Razak, since he helmed office on April 3, 2009. Najibnomics refers to a new approach to Malaysias economic development which is typified by three main characteristics: knowledge, innovation and freedom.It is a set of strategies, programmes and measures meant to transform Malaysia into a high-income and developed nation by the year 2020.This book analyses Najibnomics in action, or rather attempts to problematise Najibnomics at the level of its implementation. Through Najibnomics, the Malaysian government strives to keep the momentum of a sustainable growth trajectory, to enhance the well-being of the rakyat (people) and ensure the country gets out of the middle-income trap to become a high-income and developed economy by the year 2020.

scholarly journals Impact of Indias Export on Indian GDP after Liberalisation

2022 ◽  
Vol 10 (1) ◽  
pp. 148-154
Author(s):  
CA Naveen Kumar Tiwari
Keyword(s):  
Economic Development ◽  
Well Being ◽  
Economic Reforms ◽  
Sustainable Growth ◽  
Political Policy ◽  
Economic Decisions ◽  
Policy Interventions ◽  
Economic Progress ◽  
Indian Context ◽  
The Government

Abstract: Economic and political policy interventions were reflected on the economic development of the countries with respect to improving economic and social well-being of poor, market productivity and considerable growth rate in GDP. Specifically, in Indian context, these economic decisions have been a considerable influence on inclusive growth of the nation. It is evidence that India embarked on economic reforms in July, 1991, from the effect of a balance of payment crisis. The government initiated economic reforms basically is to provide an environment of sustainable growth and stability. Thereby the LPG (Liberalization, Privatization and Globalization) system has come to the picture for economic progress of the country. Thepresent study investigates the linkage between foreign trade trends of India and its economic development in the light of economic reforms in India since 25 years (1991-2016). The outcomes of the study strongly support that there is a causal relationship between exports to GDP and GDP to exports and also causality between imports to exports in India.

scholarly journals Public mental health: key challenges and opportunities

2018 ◽  
Vol 15 (3) ◽  
pp. 51-54 ◽  
Author(s):  
Jonathan Campion
Keyword(s):  
Mental Health ◽  
Mental Disorder ◽  
Public Mental Health ◽  
Well Being ◽  
High Income ◽  
Mental Health Needs ◽  
Middle Income ◽  
Needs Assessments ◽  
Implementation Gap ◽  
Mental Well Being

Public mental health involves a population approach to mental health, and includes treatment of mental disorder, prevention of associated impacts, prevention of mental disorder and promotion of mental well-being, including for those people recovering from mental disorder. Such interventions can result in a broad range of impacts and associated economic savings even in the short term. However, even in high-income countries only a minority of people with mental disorder receive any treatment, while provision is far less in low- and middle-income countries. Coverage of interventions to prevent mental disorder and promote mental well-being is far less even in high-income countries, despite such interventions being required for sustainable reduction in the burden of mental disorder. This implementation gap results in a broad set of impacts and associated economic costs. Mental health needs assessments represent an important framework and mechanism to address this implementation gap – in low- and middle-income as well as high-income countries. Training and support to perform mental health needs assessments is important, as is the use of information derived from such assessments to more effectively advocate for the required level of resources to address the implementation gap. Such a public health approach to mental health represents an opportunity for psychiatrists to advocate more effectively for resources at both the local and national level. This can improve the coverage and outcomes of a range of public mental health interventions that result in broad impacts and associated economic savings, which can be estimated.

scholarly journals What is important for quality of life of psychiatrists?

2006 ◽  
Vol 3 (2) ◽  
pp. 46-47
Author(s):  
Santosh K. Chaturvedi
Keyword(s):  
Mental Health ◽  
Mental Health Problems ◽  
Well Being ◽  
High Income ◽  
Cultural Resources ◽  
Middle Income ◽  
Middle Income Countries ◽  
The Uk ◽  
Better Than

The concern for the mental health of people living in low-resource and industrially developing countries has been blown out of proportion. Economic well-being, as a psychological factor, has a complex association with mental health and may prove to be good or bad for it; after all, mental health in low- and middle-income countries (even with few psychiatrists!) is generally better than it is in high-income countries. Government funding may be low but there are innumerable socio-cultural resources, many more than in most high-income countries. The number of psychiatrists per population may be low but numerous (informal and alternative) mental health services exist, many more popular and even more effective than psychiatry. The healthcare systems are so different that, whereas the average waiting period for a psychiatric patient in the UK may be about 90 days, it is about 90 minutes in India (and all patients are seen the same day). In fact, less than 10% of mental health problems are seen by psychiatrists!

scholarly journals Analysis of the impact of information communication technology on economic growth: empirical evidence from Asian countries

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Meta Ayu Kurniawati
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Communication Technology ◽  
High Income ◽  
Information Communication ◽  
Asian Countries ◽  
Middle Income ◽  
Content Type ◽  
Middle Income Countries ◽  
Ict Infrastructure

PurposeThis study examines the causal relationship between information communication technology (ICT) and economic growth in high-income and middle-income Asian countries.Design/methodology/approachThis study utilises a high-quality data from 25 Asian countries from 2000 to 2018. This study presents the robustness results by employing panel cointegration and estimation procedures to account for the endogeneity and cross-sectional dependence issues.FindingsThe results illustrate that high-income Asian countries have achieved positive and significant economic development from high Internet penetration. Additionally, the middle-income countries have started to benefit from ICT Internet. The findings show that the telephone line and mobile phone penetration is highly capable of promoting economic growth in middle-income Asian countries.Practical implicationsIn high-income Asia countries, an appropriate ICT infrastructure policy will support feasible ICT penetration, which may drive the processes of economic development and innovation that contribute to economic growth. Moreover, in middle-income Asian countries, the establishment of better-quality ICT service and infrastructure is more critical. Policymakers should accommodate sufficient support to establish the ICT infrastructure and expand ICT penetration.Originality/valueThis study reveals that high-income Asian countries have been more proactive and effective than middle-income countries in embracing ICT to foster economic growth. Examining the case of high-income and middle-income Asian countries provides comprehensive insight for policymakers regarding the relevance of ICT in boosting economic growth through the advantages of technology expansion.

scholarly journals Is Affordable Housing an Issue? A Case Study of Housing Stress among Middle-Income Group In Malaysia

2016 ◽  
Vol 5 (1) ◽  
pp. 26 ◽  
Author(s):  
Shadiya Baqutayan
Keyword(s):  
Economic Development ◽  
Affordable Housing ◽  
Housing Price ◽  
Simple Random Sampling ◽  
Well Being ◽  
Income Group ◽  
Housing Quality ◽  
Survey Study ◽  
Negative Effects ◽  
Middle Income

Dwellers facing one housing problem typically face multiple risky housing circumstances that threaten an array of their outcomes. Experiencing multiple unfavourable housing issues can intensify the negative effects that such conditions have on the whole person’s physical, psychological, emotional, and cognitive development. This paper is a survey study, and it discusses the effect of some housing issues and conditions on dwellers’ psychological and emotional well-being. The purpose is to understand the effect of such problems, such as housing price, safety and security, housing quality, transportation, schools and economic development on dwellers’ stress level and emotional well-being. Simple random sampling was assigned to a large number of middle-income residents in Malaysia. The accumulated data were then analysed, and descriptive statistics were used to interpret and evaluate the prevalence of housing issues and housing stress. The findings of this study indicated that there is housing stress among middle-income groups caused by transportation, housing quality, and economic development that force dwellers to stay far from their workplace and to be unable to afford the moving cost. Hence, it is highly advisable for the governments and stakeholders to look comprehensively at these issues and tackle their consequences by emphasizing people’s need for affordable, liveable home standard.

scholarly journals STUDI ENVIRONMENTAL KUZNETS CURVE DI ASIA: SEBELUM DAN SETELAH MILLENNIUM DEVELOPMENT GOALS

2019 ◽  
Vol 27 (2) ◽  
pp. 11-25
Author(s):  
Sri Indah Nikensari ◽  
Sekar Destilawati ◽  
Siti Nurjanah
Keyword(s):  
World Bank ◽  
Environmental Kuznets Curve ◽  
Millennium Development Goals ◽  
Well Being ◽  
High Income ◽  
Kuznets Curve ◽  
Subjective Well Being ◽  
Middle Income ◽  
Development Goals

Pencemaran lingkungan dapat menurunkan kesejahteraan subyektif (subjective well-being). Studi ini bertujuan membuktikan berlakunya hipotesis Environmental Kuznets Curve (EKC) di negara-negara berpendapatan tinggi dan menengah Asia, juga untuk menganalisis perbedaan pengaruh GDP per kapita, konsumsi energi, dan populasi penduduk pada emisi CO2 di wilayah yang sama pada periode sebelum dan setelah MDGs. Data diperoleh dari World Bank dengan periode waktu 1987-2014, di mana analisisnya menggunakan metode kuantitatif dan expose facto, dan melalui persamaan regresi data panel guna mencapai tujuan penelitian. Hasil penelitian membuktikan bahwa sampai 2014 hipotesis EKC yang berbentuk U-terbalik belum terjadi di negara-negara high income yang diteliti, namun akan terjadi ketika GDP per kapita sudah mencapai USD 51.44 ribu. Sedangkan di negara-negara lower middle income, pola hubungan antara GDP per kapita dan emisi CO2 masih membentuk kurva U, atau dengan kata lain hipotesis EKC belum akan terjadi di negara-negara ini, karena di beberapa negara tersebut masih dalam tahap awal pembangunan. Hasil penelitian juga menunjukkan bahwa sebelum MDGs (tahun 2000), GDP per kapita, konsumsi energi dan jumlah penduduk di negara-negara high income berkontribusi atas naiknya emisi CO2, namun pasca MDGs ditetapkan, meningkatnya GDP per kapita mampu menurunkan emisi CO2. Sedangkan di negara-negara low middle income, di awal penelitian sebelum MDGs, data menunjukkan bahwa CO2 sudah tinggi pada saat GDP per kapita masih rendah, dan pasca MDGs, kenaikan GDP per kapita masih berkontribusi atas meningkatnya emisi CO2.

The Effect of Economic Development on Women’s Well-Being in the Developing Economies

2019 ◽  
Vol 18 (4) ◽  
pp. 401-421
Author(s):  
Azmat Gani ◽  
Alia Al-Fori
Keyword(s):  
Economic Development ◽  
Developing Economies ◽  
Strong Association ◽  
Social Indicators ◽  
Well Being ◽  
Policy Implications ◽  
Middle Income ◽  
Middle Income Countries ◽  
Per Capita ◽  
Low And Middle Income

Abstract This study aims to investigate the effect of economic development, measured by per capita incomes, on women’s well-being by relating a country’s per capita GDP with several dimensions that affect women’s affluence and well-being within the economic, social, and political context. The analysis is based on the theoretical framework of the modernisation-neoclassical approach. Regression analysis is conducted on data from a sample of the countries in the low- and middle-income category to determine the effect of economic development on several indicators of women’s well-being. The results provide strong evidence that economic growth was associated with improvements in some economic and social indicators of women’s well-being in low- and middle-income countries. However, the results do not reveal any strong association between economic development and women’s political participation. Some policy implications are drawn.

The Relevance of Science in Development

2014 ◽  
pp. 1-17 ◽  
Author(s):  
Klaus Jaffe
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
National Income ◽  
Scientific Productivity ◽  
Economic Policies ◽  
Middle Income ◽  
Developed Economies ◽  
Middle Income Countries ◽  
Wealth Of Nations ◽  
Relative Productivity

Scientific knowledge and technical expertise promote the wealth of nations. The traditional view is that science allows the expansion of technology, which, in turn, promotes economic development. This chapter shows that: 1) the scientific productivity of a country correlates more strongly with gross national income per capita than its technological sophistication; 2) science is important for economic growth among developed economies, whereas technical complexity is more important for the economic development of poorer countries; 3) scientific productivity of countries correlates more strongly with present and future wealth than indices reflecting its financial, social, economic, or technological sophistication; and 4) middle-income countries with higher relative productivity in basic sciences such as physics and chemistry have the highest economic growth in the following five years compared to countries with a higher relative productivity in applied sciences. No simple direct causal relationship between scientific productivity and economic growth could be detected. The results are best explained by assuming that science favors economic development by providing society with a more rational atmosphere, allowing the implementation of sound policies and institutions, and/or that rational societies with successful economic policies are also the ones giving priority to basic natural sciences.

Towards a general theory of socio-economic development. Part 1. Geography, institutions, or culture?

2018 ◽  
pp. 5-26 ◽  
Author(s):  
V. M. Polterovich
Keyword(s):  
Economic Development ◽  
Technological Progress ◽  
Driving Forces ◽  
Well Being ◽  
Satisfactory Description ◽  
New Approach ◽  
Economic Miracle ◽  
Catching Up ◽  
Socio Economic Development ◽  
Basic Ideas

A new approach to understanding socio- economic development is proposed, based on consideration of the evolution of coordination mechanisms. The work consists of two parts. In the first part, a critical analysis of four recently proposed theories of development, focusing on geographical, institutional, or cultural factors, is given. These theories have greatly enriched our understanding of the evolution of society. However, as our analysis shows, none of them provides a satisfactory description of the driving forces and mechanisms of this evolution; the main reason is rooted in their common shortcoming — monocausality. It is proposed to distinguish between two types of development, catching-up and leading one. Basic ideas of the theory of catching-up development are presented. It explains the phenomenon of the “economic miracle” as a result of mutually conditioned changes in culture, institutions, technological progress and well-being in the context of interaction of competition, power and collaboration mechanisms. The second part is devoted to the theory of leading socio-economic development.

Russia-2024: the strategy of social and economic development

2018 ◽  
pp. 5-28 ◽  
Author(s):  
D. A. Medvedev
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Well Being ◽  
The State ◽  
Sustainable Growth ◽  
Social And Economic Development ◽  
To Come ◽  
National Trends

The paper deals with the challenges and tasks of Russian social and economic policy for 2018—2024. Based on the analysis of global and national trends and conditions for years to come the author discusses the trajectory of economic, social, and technological break-through. Sustainable growth of well-being and competitiveness of individuals and the society as a whole and the state are the key elements of the Strategy of social and economic development of Russia.

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