"Ramai yang cakap, Melayu ada Amanah Saham! Tapi mengikut kajian terkini Dr. Muhammad Abdul Khalid dalam buku Colours of Inequality, ironis sekali bila pelaburan purata orang kita dalam Amanah Saham hanya RM 600. Bayangkan hanya RM 600 sahaja, sedangkan kita tahu had pelaburan RM 200 ribu" - KJ
Thursday, November 27, 2014
DEB bukan dasar yang menyekat pelaburan
"Dasar ini dibentuk supaya ekonomi berkembang dan pengagihan berlaku secara adil dan saksama. Banyak kajian ilmiah yang menunjukkan bahawa semua kaum mendapat manfaat daripada pelaksanaan DEB. Ini termasuk kajian mutakhir Dr Muhammed Abdul Khalid yang diterbitkan di dalam bukunya 'The Color of Inequality' yang membuktikan DEB memberi manfaat kepada semua kaum dari segi pembasmian kemiskinan, peningkatan pendapatan, peluang pekerjaan dan pemilikan ekuiti"
Malaysia Needs An Equitable Economic Model
Malaysia Needs An Equitable Economic Model - Muhyiddin
KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia needs an economic model which can ensure economic growth that is accompanied by fair distribution of wealth, said Umno Deputy President Tan Sri Muhyiddin Yassin.
He said the inequality that existed in the society currently was frightening with the economy of the Malays still at a critical level, apart from various challenges facing them in continuing with their economic agenda.
"We (the Malays) are competing in an economy which is more open. We are facing an ideology of equitability which opposes implementation of all the Malay agenda.
"Under the various instruments of international free trade agreement, our country is pressured to no longer practice the policy of protecting the interests of bumiputera.
"Purportedly, a policy like this hampers economic development and retards the market, despite this policy having been used by the developed countries for more than half a century before they achieved the developed status," he added.
He said this in his speech at the simultaneous opening of the Wanita, Youth and Puteri Umno assemblies at the Putra World Trade Centre here on Tuesday night.
Malaysia, he said, was also going against the flow of global capitalism and free market ideology that were increasingly widening the gap of inequality and requiring an approach, policy and strategy that were more effective in narrowing the gap between the races and classes.
Elaborating on the economic gap, Muhyiddin said based on the data by the median monthly household income of bumiputera was only RM3,282 which was still low compared with the Chinese at RM4,643 and the Indian (RM3,676).
He said out of the 40 per cent households with the lowest income, 75.5 per cent of them were bumiputera.
The bumiputera continued to be treated unfairly in the private sector, he added.
"A study carried out by Dr Lee Hwok Aun and Dr Muhammed Abdul Khalid in 2012 found that for every Malay graduate called for an interview in the private sector, an average of 5.3 Chinese graduates were interviewed, although they all had the same qualification.
"The official data also shows a high unemployment rate among the bumiputera workforce, which is 70.3 per cent, including unemployed graduates of 66.9 per cent," he added.
Muhyiddin said based on a study by economic experts, the bumiputera workers received a salary of 20 to 40 per cent lower than the non-bumiputera in the private sector.
Apart from the economic gap among the races, he said, the country was also experiencing a huge gap between the rich and the poor, and among the ethnic groups in the peninsula, Sabah and Sarawak, the urban and the rural community and between company chief executive officers, senior management and workers.
All these, if allowed to continue will adversely affect the country's economic performance, he added.
Hence, he said, the need for the bumiputera agenda to be made a national agenda, and policies and strategies to bridge the economic gap to be made the main thrust of the 11th Malaysia Plan.
"The bumiputera agenda as a national agenda cannot be implemented in a small scale or in isolation from the main frame of the country's economy. It has to be carried out in an inclusive and comprehensive manner, and transcends all economic sectors," he added.
He also recommended that a new National Economic policy to be drafted to drive the equitability initiative.
Muhyiddin said focus and priority should also be given to training programmes aimed at enhancing the skills of bumiputera workers, apart from improving the subsidy mechanism, addressing discrimination in the employment sector, to fine-tune legislation, regulation and enforcement against foreign workers.
He said policies on workers' salaries should be introduced, besides having a more structured taxation mechanism, increasing incentives to enable families to increase their income and providing an conducive ecosystem for the rural students and the urban poor.
-- BERNAMA
He said the inequality that existed in the society currently was frightening with the economy of the Malays still at a critical level, apart from various challenges facing them in continuing with their economic agenda.
"We (the Malays) are competing in an economy which is more open. We are facing an ideology of equitability which opposes implementation of all the Malay agenda.
"Under the various instruments of international free trade agreement, our country is pressured to no longer practice the policy of protecting the interests of bumiputera.
"Purportedly, a policy like this hampers economic development and retards the market, despite this policy having been used by the developed countries for more than half a century before they achieved the developed status," he added.
He said this in his speech at the simultaneous opening of the Wanita, Youth and Puteri Umno assemblies at the Putra World Trade Centre here on Tuesday night.
Malaysia, he said, was also going against the flow of global capitalism and free market ideology that were increasingly widening the gap of inequality and requiring an approach, policy and strategy that were more effective in narrowing the gap between the races and classes.
Elaborating on the economic gap, Muhyiddin said based on the data by the median monthly household income of bumiputera was only RM3,282 which was still low compared with the Chinese at RM4,643 and the Indian (RM3,676).
He said out of the 40 per cent households with the lowest income, 75.5 per cent of them were bumiputera.
The bumiputera continued to be treated unfairly in the private sector, he added.
"A study carried out by Dr Lee Hwok Aun and Dr Muhammed Abdul Khalid in 2012 found that for every Malay graduate called for an interview in the private sector, an average of 5.3 Chinese graduates were interviewed, although they all had the same qualification.
"The official data also shows a high unemployment rate among the bumiputera workforce, which is 70.3 per cent, including unemployed graduates of 66.9 per cent," he added.
Muhyiddin said based on a study by economic experts, the bumiputera workers received a salary of 20 to 40 per cent lower than the non-bumiputera in the private sector.
Apart from the economic gap among the races, he said, the country was also experiencing a huge gap between the rich and the poor, and among the ethnic groups in the peninsula, Sabah and Sarawak, the urban and the rural community and between company chief executive officers, senior management and workers.
All these, if allowed to continue will adversely affect the country's economic performance, he added.
Hence, he said, the need for the bumiputera agenda to be made a national agenda, and policies and strategies to bridge the economic gap to be made the main thrust of the 11th Malaysia Plan.
"The bumiputera agenda as a national agenda cannot be implemented in a small scale or in isolation from the main frame of the country's economy. It has to be carried out in an inclusive and comprehensive manner, and transcends all economic sectors," he added.
He also recommended that a new National Economic policy to be drafted to drive the equitability initiative.
Muhyiddin said focus and priority should also be given to training programmes aimed at enhancing the skills of bumiputera workers, apart from improving the subsidy mechanism, addressing discrimination in the employment sector, to fine-tune legislation, regulation and enforcement against foreign workers.
He said policies on workers' salaries should be introduced, besides having a more structured taxation mechanism, increasing incentives to enable families to increase their income and providing an conducive ecosystem for the rural students and the urban poor.
-- BERNAMA
http://www.bernama.com/bernama/v7/bu/newsmarkets.php?id=1088369
True colours through the lens of facts and figures
"That’s the beauty of this book – it is not political rhetoric chasing some selfish agenda. The Colour of Inequality sticks to the facts and available data. The author listed the failures in leadership, policy (crafting and implementation), education, racist stereotypes, business culture alongside what worked and the results of a 57-year long social experiment that is Malaysia."
Malaysia needs second generation policies
As conditions change, Malaysia needs second generation policies that prioritise inclusive growth to achieve vision 2020
Wednesday, November 26, 2014
Growth, income distribution and poverty in Malaysia
Who should offer insights into how Malaysia has developed and how Malaysia should develop?
Sunday, November 23, 2014
THERE IS NO MERIT IN MERITOCRACY
The Heat Online
By Pauline Wong
11/23/2014 9:02:46 AM
"A meritocratic system penalises the poor, the disadvantaged because opportunity is not the same. If everything is equal then yes, it is fine to have meritocracy. But how can a kid from rural Sabah compete with a kid from urban Damansara? This is the biggest obstacle in upward social mobility because education is key and we’ve closed that door".
By Pauline Wong
11/23/2014 9:02:46 AM
"A meritocratic system penalises the poor, the disadvantaged because opportunity is not the same. If everything is equal then yes, it is fine to have meritocracy. But how can a kid from rural Sabah compete with a kid from urban Damansara? This is the biggest obstacle in upward social mobility because education is key and we’ve closed that door".
Wednesday, November 19, 2014
Tuesday, November 18, 2014
Sunday, November 16, 2014
Drafting of the Constitution
NST. 17 NOVEMBER 2014 @ 8:08 AM
Excerpt from the Attorney General of Malaysia Tan Sri Abdul Gani Patail's speech at the ILKAP National Law Conference 2014 on Nov 11, 2014 [read here ]
Excerpt from the Attorney General of Malaysia Tan Sri Abdul Gani Patail's speech at the ILKAP National Law Conference 2014 on Nov 11, 2014 [read here ]
In The Colour of Inequality – Ethnicity, Class, Income and Wealth in Malaysia, at pages 7-8, Muhammed Abdul Khalid summarised the events leading up to the communal riots in 1969 as follows:
“The mutual resentment of Malays and Chinese on the disparity of economic and political representations reached its peak in 1969 after the third general election. The Malays felt that they were not enjoying the fruits of Independence, especially in terms of economic uplifting. The socio-economic status of the Malays had not changed; poverty among the Malays was still rampant …
Wednesday, November 12, 2014
TPPA: Perlu juga dapatkan pandangan pembangkang
12 November 2014 2:37 AM
KUALA LUMPUR 11 Nov. – Kerajaan diminta supaya turut mendapatkan pandangan daripada ahli-ahli parti politik pembangkang sebelum menerima Perjanjian Perkongsian Trans-Pasifik (TPPA) yang kini dalam usaha untuk dimuktamadkan.
Bekas Menteri Kewangan, Tun Daim Zainuddin berkata, pandangan tentang penerimaan terhadap TPPA itu perlu supaya isi kandungan dan kesan jangka panjang perjanjian tersebut dapat diperhalusi lebih awal sebelum ia dipersetujui kelak.
“Kita ada masa lagi untuk kaji tentang TPPA. Ramai lagi orang yang mungkin belum tahu atau kurang faham. Sebab itu, perkara itu masih boleh dibincangkan lagi tentang kesan positif atau negatif daripada pelaksanaannya nanti.
“Mungkin kita juga boleh dapatkan pandangan daripada ahli-ahli politik dari parti pembangkang. Setuju atau tidak itu perkara kedua,” katanya selepas melancarkan buku bertajuk The Colour of Inequality tulisan Dr. Muhammed Abdul Khalid, di sini hari ini.
High-income status meaningless if people stay poor, Daim says
By Syed Jaymal ZahiidNovember 11, 2014
KUALA LUMPUR, Nov 11 — Achieving high-income nation status will be hollow if most Malaysians still cannot afford their own homes or put food on their table, former finance minister Tun Daim Zainuddin said today.
KUALA LUMPUR, Nov 11 — Achieving high-income nation status will be hollow if most Malaysians still cannot afford their own homes or put food on their table, former finance minister Tun Daim Zainuddin said today.
In an indictment of the government’s development plans, Daim said the apparent rise in income inequality in Malaysia showed Putrajaya lacked the right policies to grow household income despite boasting of steady growth.
“It is meaningless that in our drive towards a high-income country, many of our brothers and sisters, sons, and daughters, neighbours still earn less than the poverty level.
“It is meaningless to thump our chest and proclaim that we are becoming a high-income developed country, if many of our brothers and sisters cannot afford to own a decent home,” Daim said in his keynote address on the launch of the book “The Colours of Inequality” here.
Kerajaan perlu jujur, berani menanggani isu jurang kaya-miskin di M'sia - Tun Daim
Syafique Shuib,Astro Awani |Kemas kini:November 11, 2014
KUALA LUMPUR: Kerajaan perlu menanggani jurang kaya-miskin di Malaysia yang semakin melebar dan membimbangkan sebelum negara menjadi huru-hara.
"Kerajaan perlu jujur dan berani menanggani isu ini. Mereka perlu berhadapan dengan realiti untuk kebaikan semua. Campur tangan kerajaan masih diperlukan dah harus dilakukan dengan segera sebelum adanya ketegangan hubungan antara rakyat Malaysia.
Jika dasar-dasar tertentu tidak lagi berguna, ia harus dipinda," kata bekas Menteri Kewangan Tun Daim Zainuddin pada pelancaran buku "The Colour of Inequality" oleh ahli ekonomi Dr Muhammed Abdul Khalid.
KUALA LUMPUR: Kerajaan perlu menanggani jurang kaya-miskin di Malaysia yang semakin melebar dan membimbangkan sebelum negara menjadi huru-hara.
"Kerajaan perlu jujur dan berani menanggani isu ini. Mereka perlu berhadapan dengan realiti untuk kebaikan semua. Campur tangan kerajaan masih diperlukan dah harus dilakukan dengan segera sebelum adanya ketegangan hubungan antara rakyat Malaysia.
Jika dasar-dasar tertentu tidak lagi berguna, ia harus dipinda," kata bekas Menteri Kewangan Tun Daim Zainuddin pada pelancaran buku "The Colour of Inequality" oleh ahli ekonomi Dr Muhammed Abdul Khalid.
Warna ketidaksamaan ekonomi masyarakat Malaysia
Astro Awani |Kemas kini:November 12, 2014
(Diterbitkan pada: November 12, 2014 11:58 MYT)
Apa yang dibimbangkan, ketidaksamarataan itu kekal sebagai status quo jika tiada sebarang dasar segera dilaksanakan untuk mengubahnya.
Pengarang buku ‘The Colour Of Inequality’ - Dr Muhammed Abdul Khalid yang juga Pengarah Kajian Intitut Kajian Khazanah dalam Agenda Awani pada Isnin berkata dasar afirmatif perlu segera dilaksanakan bagi membantu golongan berpendapatan rendah.
(Diterbitkan pada: November 12, 2014 11:58 MYT)
KUALA LUMPUR: Jurang ketidaksamarataan ekonomi rakyat Malaysia semakin ketara antara golongan berpendapatan rendah dan tinggi.
Apa yang dibimbangkan, ketidaksamarataan itu kekal sebagai status quo jika tiada sebarang dasar segera dilaksanakan untuk mengubahnya.
Pengarang buku ‘The Colour Of Inequality’ - Dr Muhammed Abdul Khalid yang juga Pengarah Kajian Intitut Kajian Khazanah dalam Agenda Awani pada Isnin berkata dasar afirmatif perlu segera dilaksanakan bagi membantu golongan berpendapatan rendah.
Developed nation’ label meaningless if wealth inequality remains, says Daim
The Malaysian Insider
Published: 11 November 2014
Warning against growing economic inequality, former finance minister Tun Daim Zainuddin said developed nation status will be meaningless if many of Malaysia's citizens are still earning below the poverty level and are unable to afford their own homes. Monday, November 10, 2014
Sunday, November 9, 2014
Affirmative action still needed to boost low-income group
The Malaysian Insider 9 November 2014
BY JENNIFER GOMEZ link here
BY JENNIFER GOMEZ link here
Malaysia may have made great strides in reducing poverty levels, but now needs to grapple with inequality in wealth distribution and opportunities for upward mobility, said an economist and author of "The Colour of Inequality".
Muhammed Abdul Khalid said the widening income gap caused by inequality in opportunity for education, income and asset-ownership, will continue to affect upward mobility among low-income households.
Failure to address this was a recipe for social and political instability, and could pose a danger to economic growth, he told The Malaysian Insider in an interview ahead of his book launch next week.
Dasar ‘afirmatif’ perlu untuk bantu golongan pendapatan rendah
The Malaysian Insider 9 November 2014
OLEH JENNIFER GOMEZ
Dasar ‘afirmatif’ perlu untuk bantu golongan pendapatan rendah, kata ahli akademik [link here]
OLEH JENNIFER GOMEZ
Dasar ‘afirmatif’ perlu untuk bantu golongan pendapatan rendah, kata ahli akademik [link here]
ANTARA DUA DARJAT
Ahad, 9 November 2014
ANTARA DUA DARJAT: CABARAN PENGAGIHAN KEKAYAAN NEGARA DALAM "THE COLOUR OF INEQUALITY" Oleh Wan Ahmad Fayhsal
LINK HERE
Masyarakat dunia ketika ini sedang berhadapan dengan cabaran yang besar berhubung pengagihan kekayaan. Pertumbuhan ekonomi yang pesat telah melahirkan golongan yang diberi jolokan oleh penganalisis antarabangsa terkenal, David Rothkopf sebagai "superclass" - golongan minoriti tetapi amat kaya dan berpengaruh dalam struktur kekuasaan negara-negara dunia. Mereka menerajui industri dan menghasilkan peluang pekerjaan serta menjana kekayaan peribadi yang luar biasa dalam kadar pertumbuhan yang tidak pernah terlintas separuh abad yang lalu.
Wednesday, November 5, 2014
Book Launch
Date
: 11 November 2014
[Tuesday]
Agenda : 2:30pm- Welcome Address by Tan Sri Prof Dr. Kamal Salih
2:35pm – Discussant by Dato Kadir Jasin
3:00pm – Keynote Address by Tun Daim Zainuddin
3:30pm – Closing Address by Muhammed Abdul Khalid
RSVP : colorinequality@gmail.com
Co-host : International Institute of Islamic Thought and Civilization (ISTAC) IIUM & MPH
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