In this regard, there are at least three lessons that we can learn from the works of the Nobel laureates in economics. This policy instrument of cash transfer programme should be looked into by the government to tackle income and wealth inequalities. Third is obvious in the context of Malaysia, that poor people are still poor, despite many policies, programmes, measures, and opportunities given. That also holds true for income inequality. More measures are needed and lessons to be learned from the works of the laureates’ research findings for Malaysia to be on the right path to achieve SPV 2030’s goals.

Source: New Strait Times October 25, 2019 16:07 UTC