Wednesday, February 1, 2023

Sources of Social Strain

High poverty and rising food insecurity are the two factors contribution to social strain, according to this article. To secure growth stability, policies might focus on:

1. Bring down inflation.

2. Emphasize on social spending and public institution credibility.

3. Improve safety nets and social assistance.

4. Do not set aside other policy changes. (eg. productivity, investment & job creation etc.)









Source: IMF Blog



-

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Dark Factories

A 'Dark factory' is a fully automated facility where robots, AI-driven systems, and IoT devices handle all production processes. It ...

  • Budget 2019 Discussion
    How are you going to contribute to the nations in terms of closing the wealth inequality gap?
  • Malaysia and Economic Recovery
    In Tinta Minda, BERNAMA. Malay article. Excerpt: "Laporan prestasi ekonomi negara pada suku ketiga pada 2020 yang diumumkan Bank Negara...
  • Great Recession vs. Great Depression
    Please read the article by Paul Krugman in the New York Times at the link given below and give your comments as what Malaysia had experience...