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Towards a Sustainable Fiscal Position for Malaysia: A Proposal for Reform by Azu

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eBay item number:364440542018
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Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See all condition definitionsopens in a new window or tab
ISBN-13
9783110587791
Book Title
Towards a Sustainable Fiscal Position for Malaysia
ISBN
9783110587791
Series
De Gruyter Studies in Islamic Economics, Finance and Business Ser.
Publication Year
2021
Type
Textbook
Format
Hardcover
Language
English
Publication Name
Towards a Sustainable Fiscal Position for Malaysia : a Proposal for Reform
Author
Azura Othman
Item Length
9.4in
Publisher
DE Gruyter Gmbh, Walter
Item Width
6.7in
Item Weight
14.4 Oz
Number of Pages
165 Pages

About this product

Product Information

The financial crisis of the last decade has brought to the fore many discourses on the stability of the financial system under the current interest rate regime and whether issuing more debts, that create further divergence between the financial and real sector of the economy, is a sustainable solution to the ensuing debt crisis that followed. Invigorating economic development may need more than just achieving mere growth in GDP numbers and other mainstream macroeconomic key performance indices. Social equity, environmental conservation, inclusive development, and equitable income distribution are concepts that are increasingly given more weight in the measurement of economic development. The onset of the pandemic of the current decade has further emphasized the importance of these considerations as well as the concept of sharing of risks and return. This book analyses the past and current fiscal situation in Malaysia and identifies areas of improvements in the current tax system and public sector financing in generating the required revenue and financing government expenditure. The alternative fiscal framework proposed in this book covers a tax structure that features a simple and fairer tax system that is based on the ability to pay and public financing which is free of interest and provides opportunity for broader participation of the public. As Malaysia has a comprehensive framework as well as firm regulatory and government support for Islamic finance, the fiscal reform builds on an important feature of risk sharing Islamic finance that brings the real and financial sectors of the economy close together. The fiscal policy reform recommended in this book seeks to address the public debt burden, expand fiscal space, increase financial inclusion, reduce income and wealth disparities, increase employment and income for the growing population and ultimately improve social solidarity especially for a pluralistic country such as Malaysia.

Product Identifiers

Publisher
DE Gruyter Gmbh, Walter
ISBN-10
3110587793
ISBN-13
9783110587791
eBay Product ID (ePID)
242961117

Product Key Features

Author
Azura Othman
Publication Name
Towards a Sustainable Fiscal Position for Malaysia : a Proposal for Reform
Format
Hardcover
Language
English
Series
De Gruyter Studies in Islamic Economics, Finance and Business Ser.
Publication Year
2021
Type
Textbook
Number of Pages
165 Pages

Dimensions

Item Length
9.4in
Item Width
6.7in
Item Weight
14.4 Oz

Additional Product Features

Series Volume Number
11
Lc Classification Number
Hj1360.6
Grade from
College Graduate Student
Grade to
College Graduate Student
Copyright Date
2021
Target Audience
Scholarly & Professional
Topic
Islamic Banking & Finance, Accounting / Financial, Public Finance, Economics / Theory
Lccn
2021-943078
Dewey Decimal
339.5209595
Dewey Edition
23
Illustrated
Yes
Genre
Business & Economics

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