Since 2014
Towards the Sustainable Development by 2020: Malaysia Perspective on Economic Growth and Wellbeing
American Journal of Trade and Policy
View Archive Info| Field | Value | |
| Title |
Towards the Sustainable Development by 2020: Malaysia Perspective on Economic Growth and Wellbeing
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| Creator |
Baqutayan, Shadiya Mohamed Salleh; Perdana School of Science, Technology and Innovation Policy, Universiti Teknologi Malaysia, Kuala Lumpur, MALAYSIA
Abdul Shatar, Sharizal; Perdana School of Science, Technology and Innovation Policy, Universiti Teknologi Malaysia, Kuala Lumpur, MALAYSIA Md. Salimun, Husni Alhan; Perdana School of Science, Technology and Innovation Policy, Universiti Teknologi Malaysia, Kuala Lumpur, MALAYSIA Abu Hassan, Norihan; Perdana School of Science, Technology and Innovation Policy, Universiti Teknologi Malaysia, Kuala Lumpur, MALAYSIA |
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| Subject |
Malaysia GDP, Wellbeing, Sustainability, MWI, MWR, 10MP, 11MP
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| Description |
This paper has prioritizes on the impact of national growth on wellbeing. This is a review paper that contributes to define the 14 components of Malaysia Wellbeing Index (MWI, 2012) and its relation to country’s economic growth (the Gross Domestic Products (GSP)). The aim is to introduce and analyze the 10th Malaysia Plan (10MP), the 11th Malaysia plan Strategic Thrusts, achievement from macroeconomic indicators, average monthly incomes, Malaysia Wellbeing Index, and the sustainability by 2020. The findings are of a great value to both theory and practice and have important implications for the country growth. Furthermore, the paper argues that although MWI projected to increase about 1.7% per year with estimated growth of 5-6% every year from 2016-2020, some challenges are expected to undermine the target set by Economic Planning Unit (EPU) if not given a proper attention. Furthermore, the study shared few wellbeing indicators that used internationally, which only concerned about material aspects and outcomes without looking into the spiritual part of wellbeing. This paper concludes with possibilities for future study to consider the importance of spiritual aspect in the wellbeing index.
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| Publisher |
Asian Business Consortium
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| Contributor |
—
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| Date |
2016-12-31
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://journals.abc.us.org/index.php/ajtp/article/view/903
10.18034/ajtp.v3i2.903 |
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| Source |
American Journal of Trade and Policy; Vol 3, No 2 (2016): 8th Issue; 87-92
2313-4755 2313-4747 |
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| Language |
eng
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| Relation |
http://journals.abc.us.org/index.php/ajtp/article/view/903/738
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| Rights |
Copyright (c) 2016 Shadiya Mohamed Salleh Baqutayan, Sharizal Abdul Shatar, Husni Alhan Md. Salimun, Norihan Abu Hassan
http://creativecommons.org/licenses/by-nc/4.0 |
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