Malaysia has a good track record of reducing income inequality, especially between ethnic groups. In recent years, increasing attention has been paid to national inequality -- notably by targeting the bottom 40% income group while sustaining growth with inclusivity. This paper uses...
Additionally, while the unemployment rate rose slightly to 4.1% in December 2024, it remains at a moderately low level based on historical standards. This modest softening in the labor market has allowed the US Federal Reserve (Fed) to shift toward normalizing monetary policy from its restrictive...
He received two state-level funds from National Social Science Foundation of China (NSSFC) and National Natural Science Foundation of China (NSFC), and one ministry-level fund from Education Ministry of China and joined many other national and provincial level funds in China. His research works ...
Bank Negara Malaysia. (n.d.). Financial INCLUSION: Overview of Financial Inclusion in Malaysia. Retrieved November 15, 2020, from https://www.bnm.gov.my/overview-of-financial-inclusion-in-malaysia Bara, A., & Mudzingiri, C. (2016). Financial innovation and economic growth: Evidence from Zi...
The average life insurance density in high-income countries is USD 1635, or eighteen times greater than non-high-income countries, at USD 88.27. The average education level in high-income countries is 47% higher than in non-high-income countries, and life expectancy in high-income countries ...
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The global community has been confronted with rising income inequality, in particular, for those least developed countries (LDCs), since the same level of inequality as in advanced countries would push many LDCs into abject poverty. This paper focuses on income inequality in developing countries, pa...
For Q3 of 2024 they generated $2.01M in revenue, a 53% increase on the same quarter a year prior. Gross profit grew 42% to $1.2M. They had a total loss from operations of $485,478, down from $4,740,623 in Q3 of 2023. Though it’s down from when they IPO’d, the stock...
Although the Gini has declined in the most recent years, it remains at a relatively high level, especially in some parts of Indonesia such as the populous Java Island.5 Economic literature offers no clear guidance on how industrial place-based policies affect local income inequality, as the ...
Within the Asia high yield space, we continue to see a healthy average coupon level of over 5.5% at index level even as the yield of the index has come down. This plays a role to cushion the portfolio during periods of economic and trade policy uncertainty. Lastly, during an environment ...