This will require a shift in mindset, moving away from fiscal discipline and balanced budgets, toward a new paradigm where the state fully assumes its role as catalyst for the economy and as anchor investor in uncertain but transformational ventures.
Budget 2021 will need to incorporate measures to ensure the survival of the economy in the short term, while balancing this with the creation of good jobs and a stronger social safety net, to lay the foundations for a dynamic economy in the future.
There are huge challenges societies have to face due to the COVID-19 crisis, and the state needs to think about how to play a more active role in creation of high-paying jobs.
Governments should not obsess over increasing debt with borrowing, as now is the time to spend to mitigate the effects of the Covid-19 pandemic
To avoid general election and constitutional crisis amidst the pandemic, bipartisanship is the sole option for Muhyiddin to stabilize his government with confidence and supply from the opposition.
Missed this virtual conference? Access videos and presentations shared during the week-long event here to explore and learn about the future of work and good jobs creation in a post COVID-19 era.
In Part 2 of this series, using lessons gleaned from the Australian and Canadian senates, this paper critically analyse Malaysia’s Dewan Negara and explores options for reforms as well as challenges to their implementation.
Darshan Joshi, REFSA Lead Researcher spoke to BFM on how would carbon tax on emission look like in a Malaysian context.
Investment in green infrastructure can engender sustainable economic development and play a major role in the nation’s climate change mitigation and adaptation efforts. It also presents an opportunity through which to create safe, sustainable, and long-term jobs for Malaysians.
We will see an increase in unemployment based on work experience and skills, especially abroad. With the slowing economic growth due to #COVID19, the government needs to do something beyond saving jobs alone.