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Democratising Malaysias Economy : Budget Strategies for Economic Transformation

Product Details

Country
Malaysia
Publisher
Democratic Action Party, Selangor
ISBN 9789839820348
Format HardBound
Language English
Year of Publication 2009
Bib. Info 152p,; 25cm
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Product Description

The goals of economic democratization is to ensure that public funds and expenditure by the government will be more effectively and efficiently spent in accordance to the needs of the people, ensure that public projects are structured in mechanisms which will benefit the rakyat as opposed to politically-connected operators as well as enabling Malaysians to achieve greater economic freedom. The process of “economic democratization” hence focuses on 3 key thrusts, that involves (i) fiscal decentralization, (ii) prioritizing the rakyat’s needs via restructuring and reallocation, as well as (iii) empowerment and enablement via capacity building.

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