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Poverty In Malaysia
Poverty in Malaysia is a controversial economic issue. The definition of poverty and the poverty line for Malaysians has been disputed, and government policies to address poverty such as the Malaysian New Economic Policy have been met with political protest. Malaysia's total population is 31 million as of 2015, of which 0.6% live below the national poverty line. Malaysia has grown rapidly in terms of economic development. An indicator is that in 2014, 65.6% of the population aged 15 years and above were employed. History After Malaysian independence, significant chunks of the Malaysian economy were controlled by British colonial firms. Second economically to these monopolies were small-scale retail enterprises run by the Malaysian Chinese and small-scale moneylending businesses run by a few Malaysian Indians. After the 13 May Incident in 1969, where racial rioting broke out in the federal capital of Kuala Lumpur, the Malaysian New Economic Policy (NEP) was initiated. Its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysian New Economic Policy
The New Economic Policy (NEP) ( ms, Dasar Ekonomi Baru (DEB)) was a social re-engineering and affirmative action program formulated by the National Operations Council (NOC) in the aftermath of 13 May Incident in Malaysia. This policy was adopted in 1971 for a period of 20 years and it was succeeded by the National Development Policy (NDP) in 1991. This article looks into the historical context that gave rise to the formulation of this policy, its objectives and implementation methods as well as its impact on the Malaysian economy in general. Policy overview The New Economic Policy (NEP) which began with the Second Malaysia Plan (1971–1975) and lasted until the Fifth Malaysia Plan (1986–1990), had three main objectives, namely:Jeong Chun Hai @Ibrahim. (2007). ''Fundamental of Development Administration''. Selangor: Scholar Press. * To achieve national unity, harmony and integrity * Through socio-economic restructuring (of the society) * To minimize the level of poverty in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysian Chinese
Malaysian Chinese (; Malay: ''Orang Cina Malaysia''), alternatively Chinese Malaysians, are Malaysian citizens of Han Chinese descent. They form the second largest ethnic group after the Malay majority constituting 22.4% of the Malaysian population. Most of them are descendants of Southern Chinese immigrants who arrived in Malaysia between the early 19th century and the mid-20th century. Malaysian Chinese form the second largest community of Overseas Chinese in the world, after Thai Chinese. Malaysian Chinese are traditionally dominant in the business sector of the Malaysian economy. The ethnic subgroups of Chinese people in Malaysia include the Hokkien, Cantonese, Hakka, Teochew, Hainan, Foochow and Kwongsai. Different Chinese languages are spoken in Malaysian towns and cities. Among them are Cantonese in Kuala Lumpur, Ipoh, Kuantan, Seremban, Mersing, Kampar, Petaling Jaya and Sandakan, Hokkien in George Town, Alor Setar, Kangar, Klang, Taiping, Kota Bharu and Kuch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysian Indian
Malaysian Indians or Indian Malaysians are Malaysian citizens of Indian or South Asian ancestry. Today, they form the third-largest group in Malaysia after the Malays and the Chinese. Most are descendants of those who migrated from India during the British Malaya era from the early 19th to mid-20th centuries. The majority of Malaysian Indians are ethnic Tamils; smaller groups include the Malayalees, Telugus, Sikhs and others. Malaysian Indians form the fifth largest community of Overseas Indians in the world. Within Malaysia, they represent the third-largest group (constituting 6.8% of the Malaysian population), after the ethnic Malay and Chinese. They are usually simply referred to as "Indian" in Malaysia, ''Orang India'' in Malay, "''Yin du ren''" in Chinese. Malaysia's Indian population is notable for its class stratification, with a significant elite as well as a large low income groups within its fold. Malaysian Indians make up a disproportionately large percentage of pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuala Lumpur
, anthem = '' Maju dan Sejahtera'' , image_map = , map_caption = , pushpin_map = Malaysia#Southeast Asia#Asia , pushpin_map_caption = , coordinates = , subdivision_type = Country , subdivision_name = , subdivision_type1 = Administrative areas , subdivision_name1 = , established_title = Establishment , established_date = 1857 , established_title2 = City status , established_date2 = 1 February 1972 , established_title3 = Transferred to federal jurisdiction , established_date3 = 1 February 1974 , government_type = Federal administrationwith local government , governing_body = Kuala Lumpur City Hall , leader_title = Mayor , leader_name = Mahadi bin Che Ngah , total_type = Federal territory , area_footnotes = , area_total_km2 = 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malay People
Malays ( ms, Orang Melayu, Jawi: أورڠ ملايو) are an Austronesian ethnic group native to eastern Sumatra, the Malay Peninsula and coastal Borneo, as well as the smaller islands that lie between these locations — areas that are collectively known as the Malay world. These locations are today part of the countries of Malaysia, Indonesia (eastern and southern Sumatra, Bangka Belitung Islands, western coastal Borneo ( Kalimantan) and Riau Islands), southern part of Thailand ( Pattani, Satun, Songkhla, Yala and Narathiwat), Singapore and Brunei Darussalam. There is considerable linguistic, cultural, artistic and social diversity among the many Malay subgroups, mainly due to hundreds of years of immigration and assimilation of various regional ethnicity and tribes within Maritime Southeast Asia. Historically, the Malay population is descended primarily from the earlier Malayic-speaking Austronesians and Austroasiatic tribes who founded several ancient mariti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations Development Programme
The United Nations Development Programme (UNDP)french: Programme des Nations unies pour le développement, PNUD is a United Nations agency tasked with helping countries eliminate poverty and achieve sustainable economic growth and human development. Headquartered in New York City, it is the largest UN development aid agency, with offices in 170 countries. The UNDP emphasizes developing local capacity towards long-term self-sufficiency and prosperity. It administers projects to attract investment, technical training, and technological development, and provides experts to help build legal and political institutions and expand the private sector. The UNDP operates in 177 countries and is funded entirely by voluntary contributions from UN member states. Also, UNDP is governed by a 36-member executive board overseen by an administrator, who is third-highest ranking UN official after the Secretary-General and Deputy Secretary-General. Founding The UNDP was founded on 22 Nove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Income Disparity In Malaysia
According to the UNDP 1997 Human Development Report, and the 2004 United Nations Human Development (UNHDP) report, Malaysia has the highest income disparity between the rich and poor in Southeast Asia, greater than that of Philippines, Thailand, Singapore, Vietnam and Indonesia. The UNHDP Report shows that the richest 10% in Malaysia control 38.4% of the economic income as compared to the poorest 10% who control only 1.7%. However, according to official statistics from the Prime Minister's Department, inequality has been decreasing steadily since 1970, with the Gini coefficient dropping to an all-time low of 0.40 in 2014. See also * Poverty in Malaysia References Economy of Malaysia Racial and religious quotas in Malaysia Economic inequality Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poverty By Country
countries of the world, Countries by percentage of population living in poverty, as recorded by World bank, World Bank and other sources. Methodology "Poverty" is defined as an economic condition by the lack of both money and basic necessities needed to live successfully, such as food, water, utilities, and housing. There are many working definitions of "poverty", with considerable debate on the most accurate definition of the term. Lack of income security, economic stability and the predictability of one's continued means to meet basic needs all serve as absolute indicators of poverty. Poverty may therefore also be defined as the economic condition of lacking predictable and stable means of meeting basic life needs. The first table lists countries by the percentage of their population with an income of less than $1.90 (the extreme poverty line), $3.20 and $5.50 US dollars a day in 2011 international (PPP) prices. The data is from the most recent year available from the Wor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
