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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Main Authors:	Negin Vaghefi, Chamhuri Siwar, Sarah Aziz Abdul Ghani Aziz
Format:	Article
Language:	English
Published:	Institute of the Malay World and Civilization, Universiti Kebangsaan Malaysia 2017
Online Access:	http://journalarticle.ukm.my/12422/ http://journalarticle.ukm.my/12422/ http://journalarticle.ukm.my/12422/1/IMAN-2017-05SI3-04.pdf

id	ukm-12422
recordtype	eprints
spelling	ukm-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/
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Kebangasaan Malaysia
building	UKM Institutional Repository
collection	Online Access
language	English
description	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/ http://journalarticle.ukm.my/12422/ http://journalarticle.ukm.my/12422/1/IMAN-2017-05SI3-04.pdf
first_indexed	2023-09-18T20:02:34Z
last_indexed	2023-09-18T20:02:34Z
_version_	1777406946401320960

Building Malaysian green economy model for socio-economic development

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