Make the economy great again, please! [Newspaper] (2020)
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Abstract
ONE of the fundamental macroeconomic goals is the narrowing of the gap between people of high incomes and those of low ones. However, data from around the world shows that the gap between the rich and the poor is widening, especially during this pandemic.
In Malaysia, the 2019 Household Income and Basic Surveys Amenities Report published by the Department of Statistics Malaysia (DOSM) in July 2020 indicates that the value of the Gini coefficient had increased from 0.399 in 2016 to 0.407 in 2019. Usually, as the value of the Gini coefficient rises, the difference between income earners between 2016 and 2019 will expand accordingly.
| Item Type: | Newspaper |
|---|---|
| Keywords: | Macroeconomics, High incomes, Household Income |
| Taxonomy: | By Subject > Business & Management > Economics By Subject > Business & Management > Finance By Subject > Business & Management > Management |
| Local Content Hub: | Subjects > Business & Management |
| Depositing User: | Muhammad Azrul Ayob |
| Date Deposited: | 27 Jul 2021 08:54 |
| Last Modified: | 27 Jul 2021 08:54 |
| Related URLs: |
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