What Do The State Budgets of Penang and Selangor Tell Us?

loading

With power going to different parties and coalitions after March 8, 2008, policy competition became a thing to watch. This was one of the major gains for Malaysia as a  democracy. Now, three-and-ahalf years down the road, enough time has passed for us to do some comparisons. What better way than to compare budgets?

WE ARE LIVING in times beset by talk of financial difficulties all over the world.

The Eurozone crisis continues to unfold with the economies of Spain, Greece and soon Italy spiralling steadily downward, while the US’s massive budget deficit threatens to have far-reaching implications for other economies. How efficiently public finances are managed will determine how stable governments can stay in each of these nations. It is a tough battle to fight, balancing harsh austerity measures yet retaining enough popularity to stay in power.

Malaysia is no different, and Minister in the Prime Minister’s Department Idris Jala had warned in 2010 that we were heading for bankruptcy if subsidies were not removed eventually.


To read the rest of the article and to access our e-Archive, subscribe to us for RM150 a year.



Related Articles

STATES OF REFORM
Jun 2013

Selangor remains Pakatan's stronghold

An analysis on the GE13 outcome in the state of Selangor.

STATES OF REFORM
May 2013

An Election by Manifesto

An analysis of the promises given by the Penang and Selangor state governments in their respective manifestos.

STATES OF REFORM
Apr 2013

What Will a Second Term Mean for Penang and Selangor?

What policies should the Pakatan state governments focus on in their second term?

STATES OF REFORM
Mar 2013

Ensuring Growth to Ensure Sustainability

Malaysia needs long-term comprehensive measures to secure a stable future.