The colour of inequality : ethnicity, class, income, and wealth in Malaysia

"This book provides an alternative insight to the debate on inequality in Malaysia, by focusing on the distributionof wealth or assets, rather than income. Despite tremendous increase in national income, the wealth gap in Malaysia is alarmingly high and extremely skewed. For instance, the top 0...

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Bibliographic Details
Main Author: Muhammed Abdul Khalid , 1975- (Author)
Format: Book
Language:English
Published: Selangor, Malaysia : MPH Publishing c2014
Subjects:

MARC

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050 0 0 |a HN700.6.Z9   |b M84 2014 
090 0 0 |a HN700.6.Z9   |b M84 2014 
100 1 |a Muhammed Abdul Khalid ,   |d 1975- ,   |e author 
245 1 4 |a The colour of inequality :   |b ethnicity, class, income, and wealth in Malaysia   |c Muhammed Abdul Khalid 
264 1 |a Selangor, Malaysia :   |b MPH Publishing   |c c2014 
300 |a xviii, 249 pages ;   |c 23 cm. 
336 |a text  |2 rdacontent 
337 |a unmediated  |2 rdamedia 
338 |a volume  |2 rdacarrier 
504 |a Includes bibliographical references (pages 207-249) 
505 0 |a 1. Introduction and background -- 2. Malaysia's historical economic inequality and race relations -- 3. The asset ownership -- 4. Why the gap? -- 5. The way forward -- 6. Conclusion 
520 |a "This book provides an alternative insight to the debate on inequality in Malaysia, by focusing on the distributionof wealth or assets, rather than income. Despite tremendous increase in national income, the wealth gap in Malaysia is alarmingly high and extremely skewed. For instance, the top 0.2 per cent of depositors in ASB has about 1,133 times more than the bottom 80 per cent of depositors combined. This gap is echoed by the fact that approximately two-thirds of Malaysian workers earn less than RM3,000 per month, and about 90 per cent of Malaysians have nearly zero savings. The current policies are not facilitating improvements in this wealth gap, which could lead to aristocracy where birth, not hard workor talent and effort, matter the most in wealth accumulation. This book explores possible policy interventions that can be undertaken to ensure that economic growth is equitably shared, which is vital for a stable and prosperous society" 
546 |a In English 
650 0 |a Equality   |z Malaysia 
650 0 |a Social justice   |z Malaysia 
650 0 |a Wealth   |z Malaysia 
651 0 |a Malaysia   |x Economic policy 
999 |a 1000173979   |b Book   |c OPEN SHELF (30 DAYS)   |e Tembila Campus 
999 |a 1000173980   |b Book   |c OPEN SHELF (30 DAYS)   |e Gong Badak Campus 
999 |a 1000173981   |b Book   |c OPEN SHELF (30 DAYS)   |e Gong Badak Campus