Building Malaysian green economy model for socio-economic development
In the face of economic development, the gap between industrialized and developing countries are still large, and problems associated with the environment have crucially increased. Resource prices are rising and competition for scarce resources has also increased. This is a serious challenge espec...
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Institute of the Malay World and Civilization, Universiti Kebangsaan Malaysia
2017
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my-ukm.journal.124222018-12-10T23:22:03Z http://journalarticle.ukm.my/12422/ Building Malaysian green economy model for socio-economic development Negin Vaghefi, Chamhuri Siwar, Sarah Aziz Abdul Ghani Aziz, In the face of economic development, the gap between industrialized and developing countries are still large, and problems associated with the environment have crucially increased. Resource prices are rising and competition for scarce resources has also increased. This is a serious challenge especially for countries that are experiencing industrialization and rapid economy growth like Malaysia. In fact, the environmental, social and economic dimensions are reflected in the green economy concept. Malaysia’s national green economy framework attempts to strengthen the economy through incentives, tax, pricing, regulating and investments. However, it is mostly focused on industries located in urban areas and the social dimension is not clearly made in terms of program and policy tools. This paper introduces a conceptual framework to create Malaysian green economy model for socio-economic development and indicates the endogenous links within and across the economic, social and environmental sectors. It defines pathway to sustainable development which is about government intervention that helps the economy to determine the technological changes. This study is therefore an overview of the initiatives and opportunities for green economy implementation in Malaysia. Institute of the Malay World and Civilization, Universiti Kebangsaan Malaysia 2017 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/12422/1/IMAN-2017-05SI3-04.pdf Negin Vaghefi, and Chamhuri Siwar, and Sarah Aziz Abdul Ghani Aziz, (2017) Building Malaysian green economy model for socio-economic development. International Journal of the Malay World and Civilisation, 5(SI) (1). pp. 27-32. ISSN 2289-1706 http://www.ukm.my/jatma/jilid-5terbitan-khas-bil-1/ |
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In the face of economic development, the gap between industrialized and developing countries are still large, and
problems associated with the environment have crucially increased. Resource prices are rising and competition for scarce
resources has also increased. This is a serious challenge especially for countries that are experiencing industrialization
and rapid economy growth like Malaysia. In fact, the environmental, social and economic dimensions are reflected in
the green economy concept. Malaysia’s national green economy framework attempts to strengthen the economy through
incentives, tax, pricing, regulating and investments. However, it is mostly focused on industries located in urban areas
and the social dimension is not clearly made in terms of program and policy tools. This paper introduces a conceptual
framework to create Malaysian green economy model for socio-economic development and indicates the endogenous
links within and across the economic, social and environmental sectors. It defines pathway to sustainable development
which is about government intervention that helps the economy to determine the technological changes. This study is
therefore an overview of the initiatives and opportunities for green economy implementation in Malaysia. |
format |
Article |
author |
Negin Vaghefi, Chamhuri Siwar, Sarah Aziz Abdul Ghani Aziz, |
spellingShingle |
Negin Vaghefi, Chamhuri Siwar, Sarah Aziz Abdul Ghani Aziz, Building Malaysian green economy model for socio-economic development |
author_facet |
Negin Vaghefi, Chamhuri Siwar, Sarah Aziz Abdul Ghani Aziz, |
author_sort |
Negin Vaghefi, |
title |
Building Malaysian green economy model for socio-economic development |
title_short |
Building Malaysian green economy model for socio-economic development |
title_full |
Building Malaysian green economy model for socio-economic development |
title_fullStr |
Building Malaysian green economy model for socio-economic development |
title_full_unstemmed |
Building Malaysian green economy model for socio-economic development |
title_sort |
building malaysian green economy model for socio-economic development |
publisher |
Institute of the Malay World and Civilization, Universiti Kebangsaan Malaysia |
publishDate |
2017 |
url |
http://journalarticle.ukm.my/12422/1/IMAN-2017-05SI3-04.pdf http://journalarticle.ukm.my/12422/ http://www.ukm.my/jatma/jilid-5terbitan-khas-bil-1/ |
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