Inequality and public policy in Asia

Inequality is on the rise in many parts of Asia despite decades of economic growth and falling poverty. The concern over widening income and wealth gaps has further increased following the COVID-19 pandemic, which has also revived the discussion on the role of public policy in ensuring more equal ma...

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Main Author: Asadullah, M Niaz
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2022
Online Access:http://journalarticle.ukm.my/21384/1/Inequality%20and%20Public%20Policy%20in%20Asia.pdf
http://journalarticle.ukm.my/21384/
https://ejournals.ukm.my/jem/
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spelling my-ukm.journal.213842023-03-27T00:27:26Z http://journalarticle.ukm.my/21384/ Inequality and public policy in Asia Asadullah, M Niaz Inequality is on the rise in many parts of Asia despite decades of economic growth and falling poverty. The concern over widening income and wealth gaps has further increased following the COVID-19 pandemic, which has also revived the discussion on the role of public policy in ensuring more equal market outcomes and social opportunities. This guest editorial introduces the special issue proposed by the Global Labor Organization (GLO) on inequality in Asia which includes ten papers by academics and policy researchers. The authors present contrasting research perspectives and evidence using a variety of datasets, methodologies and country experiences to better understand the evolution of inequality and its underlying causes. More specifically, they assess the role of educational expansion, population aging, migration, structural change, trade liberalization, public expenditure and social protection programs in inequality reduction. A number of policy actions are considered to tackle rising inequality such as addressing shortfalls in social expenditure, making social protection systems more inclusive and rethinking the governance of international labor migration. The recommendations also emphasize building on the lessons learnt from the pandemic. Penerbit Universiti Kebangsaan Malaysia 2022 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/21384/1/Inequality%20and%20Public%20Policy%20in%20Asia.pdf Asadullah, M Niaz (2022) Inequality and public policy in Asia. Jurnal Ekonomi Malaysia, 56 (3). pp. 1-9. ISSN 0127-1962 https://ejournals.ukm.my/jem/
institution Universiti Kebangsaan Malaysia
building Tun Sri Lanang Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Kebangsaan Malaysia
content_source UKM Journal Article Repository
url_provider http://journalarticle.ukm.my/
language English
description Inequality is on the rise in many parts of Asia despite decades of economic growth and falling poverty. The concern over widening income and wealth gaps has further increased following the COVID-19 pandemic, which has also revived the discussion on the role of public policy in ensuring more equal market outcomes and social opportunities. This guest editorial introduces the special issue proposed by the Global Labor Organization (GLO) on inequality in Asia which includes ten papers by academics and policy researchers. The authors present contrasting research perspectives and evidence using a variety of datasets, methodologies and country experiences to better understand the evolution of inequality and its underlying causes. More specifically, they assess the role of educational expansion, population aging, migration, structural change, trade liberalization, public expenditure and social protection programs in inequality reduction. A number of policy actions are considered to tackle rising inequality such as addressing shortfalls in social expenditure, making social protection systems more inclusive and rethinking the governance of international labor migration. The recommendations also emphasize building on the lessons learnt from the pandemic.
format Article
author Asadullah, M Niaz
spellingShingle Asadullah, M Niaz
Inequality and public policy in Asia
author_facet Asadullah, M Niaz
author_sort Asadullah, M Niaz
title Inequality and public policy in Asia
title_short Inequality and public policy in Asia
title_full Inequality and public policy in Asia
title_fullStr Inequality and public policy in Asia
title_full_unstemmed Inequality and public policy in Asia
title_sort inequality and public policy in asia
publisher Penerbit Universiti Kebangsaan Malaysia
publishDate 2022
url http://journalarticle.ukm.my/21384/1/Inequality%20and%20Public%20Policy%20in%20Asia.pdf
http://journalarticle.ukm.my/21384/
https://ejournals.ukm.my/jem/
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score 13.211869