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1 comment(s). Last comment by speakup 1 month ago
Posted by speakup > 1 month ago | Report Abuse
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by EngineeringProfit > 1 month ago | Report Abuse
Malaysia should focus on more nuanced, micro-level economic challenges rather than just aggregate growth numbers. Monitoring indices that capture local economic realities and social issues would be critical. 1. **Income Distribution and Inequality**: - **Gini Coefficient**: A measure of income inequality that reflects the gap between the rich and poor. - **Median Household Income**: Reflects how the typical household is doing in terms of income, rather than just the average, which can be skewed by very high incomes. 2. **Poverty and Livelihood**: - **Multidimensional Poverty Index (MPI)**: Takes into account not just income, but also access to education, healthcare, and basic services. - **Poverty Line Income (PLI)**: Locally tailored to reflect minimum income needed to meet basic needs. 3. **Cost of Living and Inflation**: - **Consumer Price Index (CPI)**: Monitors changes in the prices of a basket of essential goods and services. - **Cost of Living Index**: Tracks how much the typical person needs to sustain a certain standard of living in different areas. 4. **Employment and Labor Market Health**: - **Youth Unemployment Rate**: A specific measure that reflects challenges young people face in finding jobs. - **Underemployment Rate**: Captures those working less than they wish or in roles that don't utilize their skills effectively. 5. **Housing Affordability**: - **Housing Price Index**: Measures trends in housing prices and helps assess housing affordability in urban areas. - **Homeownership Rate**: Indicates the proportion of people owning homes, crucial for understanding housing access. 6. **Health and Wellbeing**: - **Healthcare Access Index**: Measures access to health services, an important determinant of general wellbeing. - **Mental Health Index**: Could include statistics on mental health issues like depression and anxiety, which are often overlooked. 7. **Environmental Sustainability**: - **Air Quality Index (AQI)**: Measures pollution levels and their health impact, particularly important for urban centers. - **Water Quality Index**: Tracks the safety of water sources, critical for both health and environmental sustainability. 8. **Corruption and Governance**: - **Corruption Perception Index (CPI)**: Assesses the public's perception of corruption in governance. - **Rule of Law Index**: Measures the effectiveness of legal systems in providing justice and maintaining order. These indices provide a more comprehensive understanding of socio-economic conditions at the grassroots level in Malaysia and can help shape more targeted policies that address real challenges beyond mere economic growth figures.